0:00 - 0:01Confidence: 62%
They're calling it a buckle-up year, 2026.
0:05 - 0:06Confidence: 17%
Just say anything?
0:06 - 0:07Confidence: 13%
Like, you can just roll with it?
0:08 - 0:08Confidence: 44%
Okay, okay.
0:09 - 0:11Confidence: 77%
I mean, we don't choose what year we sell.
0:11 - 0:15Confidence: 58%
Well, I think a lot of the buyers are fearful in the market right now.
0:15 - 0:17Confidence: 59%
2025 saw some changes in the market.
0:17 - 0:20Confidence: 58%
It definitely got a little more challenging in the fact that a lot of people's
0:20 - 0:24Confidence: 81%
mortgage renewals came up, so they had to make a transition to something smaller
0:24 - 0:25Confidence: 49%
or out of area.
0:26 - 0:27Confidence: 83%
I've seen challenges every year.
0:28 - 0:32Confidence: 84%
If the market is, the year is so big, nobody's doing their due diligence.
0:32 - 0:34Confidence: 65%
Buyers are getting, paying too much.
0:35 - 0:37Confidence: 80%
Sellers are also paying too much after they sell.
0:41 - 0:51Confidence: 77%
What I've seen in Vancouver market is the prices are steadily declining and sellers are holding on to 2022 prices, even though it's clearly like going down.
0:51 - 0:54Confidence: 57%
As realtors, we're constantly having to ask for price reductions.
0:54 - 0:59Confidence: 84%
I tell sellers, if you don't feel like, you know, you got kicked between the legs, then you probably don't have the right price.
1:00 - 1:03Confidence: 56%
2026 is going to be an interesting first six months.
1:03 - 1:07Confidence: 74%
If the spring brings lots of inventory, you could see one more change.
1:07 - 1:10Confidence: 75%
My prediction on the market is we'll see one more price change in 2020.
1:10 - 1:11Confidence: 80%
spring.
1:11 - 1:12Confidence: 65%
I'm a contrarian.
1:12 - 1:15Confidence: 66%
If someone's like an investor and they're scared, they don't have to
1:15 - 1:17Confidence: 81%
invest all their eggs in one basket.
1:17 - 1:20Confidence: 77%
You know, they could start off small, do a small investment.
1:20 - 1:23Confidence: 56%
I believe in 2026, we're going to have a better year.
1:23 - 1:25Confidence: 67%
Prices are leveled off.
1:25 - 1:25Confidence: 9%
I think you'll
1:25 - 1:28Confidence: 77%
really kind of see the bottom, we can call it, where it's gone to.
1:28 - 1:29Confidence: 69%
Just because you have
1:30 - 1:34Confidence: 69%
you know some properties that are almost renting again for what it costs so once you hit that
1:34 - 1:39Confidence: 77%
magical mark certainly a townhouse that you pick up now for 650 or 700 if that's still renting for
1:39 - 1:44Confidence: 76%
3800 that's your mortgage payment so that's sort of that bottom line mark when the market starts
1:44 - 1:51Confidence: 74%
to roll again hopefully the interest rates do tick down three more times if we see three more
1:52 - 1:56Confidence: 79%
reductions buyers will stay interested i don't know if the interest rates will come down much
1:59 - 2:01Confidence: 73%
When you look at today's interest rate, it's already low.
2:01 - 2:06Confidence: 75%
We were just used to the super low interest rates in COVID time.
2:06 - 2:07Confidence: 63%
It's a different market now.
2:11 - 2:13Confidence: 58%
Buyers and sellers in 2026.
2:15 - 2:17Confidence: 68%
I would say it's a good time to make your move.
2:18 - 2:21Confidence: 70%
I think it's always a good time to understand real estate is the biggest thing
2:21 - 2:24Confidence: 65%
in our industry, long term real estate.
2:24 - 2:25Confidence: 31%
You can never go wrong.
2:25 - 2:27Confidence: 66%
One piece of advice for home seekers in 2026 is, you know,
2:28 - 2:30Confidence: 71%
you see something you like and it's a good deal.
2:30 - 2:31Confidence: 54%
I think you should act on it.
2:32 - 2:35Confidence: 78%
These prices being this low might not happen again for years.
2:36 - 2:38Confidence: 71%
And if you need a house, it's a good time to buy one.
2:39 - 2:44Confidence: 67%
My prediction for the next year, I think 2026 is kind of going to be slow and stable.
2:44 - 2:47Confidence: 76%
2027 spring will be the next move of the market.
2:48 - 2:50Confidence: 73%
But for the next year, it's going to be pretty stable.
2:50 - 2:52Confidence: 53%
Just hang on tight and 2027 will be good.