09/05/2026
Falling home prices drive record 10th straight quarter of affordability gains
We’ve now seen a remarkable 10 quarters in a row of improved housing affordability, as falling home prices continue to help balance out the impact of rising mortgage rates. At this stage, housing payments are sitting at 51.1% of median income—a meaningful shift for many buyers and sellers navigating today’s market. Vancouver remains one of the most challenging places for affordability, and the road ahead will depend on steady income growth and keeping price increases in check.
As someone deeply committed to guiding you through every step of the real estate process, I know how important these changes are when you’re considering buying, selling, or investing. My focus is always on ensuring your experience is smooth, informed, and tailored to your unique needs—so you can make the most of opportunities as the market evolves.
https://www.housing-trends.com/agent-news/veronica-seneviratne/1923976-Falling-home-prices-drive-record-10th-straight-quarter-of-af