Category: british columbia
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Some Canadian Snowbirds Want Out of Florida, But a Weak Housing Market Is Making It Hard to Leave
For decades, Florida has been the winter refuge of choice for Canadian snowbirds. But as 2026 begins, a growing number of Canadians are rethinking their relationship with the Sunshine State. Political tensions, trade disputes, and shifting sentiment toward Canada are prompting some snowbirds to consider selling their U.S. properties, just as Florida’s housing market turns…
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Canadians Just Pushed HELOC Debt to $179B – Highest Since 2019
Canadians may not be buying as much real estate right now, but they are borrowing against the homes they already own. New Statistics Canada credit data shows home equity line of credit (HELOC) balances rose again in October 2025, pushing total outstanding HELOC debt to roughly $179.5 billion – the highest level since 2019. The…
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Canadian Housing Market Update – December 2025: Rate Cuts Fail to Revive Home Sales
November was widely expected to be a turning point for Canada’s housing market. After two consecutive interest rate cuts from the Bank of Canada, borrowing costs fell to levels many buyers had been waiting for. Instead, new data shows home sales declined across most of the country, reinforcing the idea that lower rates alone are…
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The 2026 Inflation Reality: Food Prices Are Rising Again – What That Means for Housing Affordability
Inflation may be cooling on paper, but for many Canadians, the cost of living is rising again where it hurts most – food, rent, and housing costs. As Canada heads into 2026, new forecasts show food prices increasing once again, adding pressure to households already stretched by high rents and elevated mortgage payments. While inflation…
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Rentals.ca Just Dropped Their December 2025 Rent Report – Here’s What You Need To Know
Rentals.ca and Urbanation have released their December 2025 national rent report, and the numbers point to a cooling rental market across much of Canada. From declining average rents to shifting demand and big differences across provinces, here’s a breakdown of the key trends renters and investors should be watching. National Overview Rents Fall to Lowest…
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Vancouver’s First-Time Homebuyer Age Has Exploded to 46 in 2025
New data shows first-time buyers in Vancouver are no longer in their 20s or early 30s, most are getting keys in their mid-40s. First-Time Buyer Ages: The New Reality According to a 2025 global affordability study by Bloom Holding, first-time homebuyers in Vancouver, BC now typically buy their first home around age 46, far older…
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What Experts Predict for the Dec 10 Bank of Canada Rate Announcement
The Bank of Canada’s next interest rate decision on December 10, 2025 is one of the most anticipated announcements of the year. After cutting the overnight rate to 2.25% in October, economists are now divided on whether the Bank will continue easing or pause to assess the economy. Most experts agree on one thing: a hold is now…
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B.C. Supreme Court Overturns $25K Award To Evicted Tenant After Judge Calls RTB Ruling “Clearly Irrational”
A recent B.C. Supreme Court decision has reversed a $25,444 compensation order against a landlord, ruling that the Residential Tenancy Branch (RTB) made a “clearly irrational” error in a landlord’s use eviction case. Landlord No Longer Required To Pay $25,444 To Former Tenant Feng Ying Yu, a B.C. landlord, will not have to pay more…
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7 Cheapest Cities To Buy A Home In British Columbia (2025)
The housing market in British Columbia remains among Canada’s most expensive overall — the provincial average home price is roughly $948,296 as of September 2025. That said, there are still smaller cities and more remote areas in BC where home-ownership is far more achievable. In this article we explore seven of the most affordable cities in BC to buy…
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Rent Prices In British Columbia Continue To Drop As Vancouver Hits A 43-Month Low
British Columbia’s rental market is finally seeing some relief. New data from Zumper shows that rent prices in several B.C. cities continue to cool, with Vancouver hitting its lowest level in more than three and a half years. The shift marks a notable change for one of Canada’s most expensive rental markets, although Vancouver still remains the priciest…
Canada Housing Market 