09/18/2026
The Bank of Canada just held rates at 2.25% for the second time
in a row.
A lot of buyers were waiting for rates to drop before they
bought. That plan just hit a wall. Oil is up. New tariffs are
here. The Bank is watching inflation, not cutting.
Meanwhile, homes in Vancouver are sitting 37 days on average.
Sellers are taking offers that were unthinkable a year ago. Sale
to list is 96.8%. Buyers who show up right now have more room
than they have had in a long time.
Here is the trap. When people finally stop waiting, they rush
in. They skip the checks. They miss the strata red flags. They
forget to ask about the roof, the plumbing, and the depreciation
report. That is the mistake I see the most.
Comment RISK and I'll send you my Homebuyer Risk Checklist. It's
the list of things I'd want checked before you buy.