09/05/2026
Falling home prices drive record 10th straight quarter of affordability gains
For the tenth consecutive quarter, we’re seeing housing affordability in the spotlight—this time with a positive twist. As home prices have edged downward, they’ve helped offset the impact of rising mortgage rates, bringing average payments to 51.1% of median income. Yet in Metro Vancouver, affordability remains a major hurdle; our city still holds its place as the least affordable in the country. Looking ahead, any further improvements will rely on steady income growth and a careful balance in price trends. In my work guiding both first-time buyers and seasoned investors through Vancouver’s unique market, I’ve seen how critical it is to approach these shifts with clear strategy and informed confidence.
https://www.housing-trends.com/agent-news/natasha-smiljanic/1923976-Falling-home-prices-drive-record-10th-straight-quarter-of-af