2026 British Columbia Real Estate Outlook Market Performance, Policy Shifts, and Pre-Sale Trends That Will Shape the Year Ahead British Columbia’s housing market is entering 2026 with a mix of stability, caution, and emerging opportunity. As economic conditions evolve and government policies shift, both resale and pre-sale sectors are adjusting. This report brings together the…
The proposed “Rustad Rebate” by the BC Conservative Party aims to address the province’s ongoing housing affordability crisis. The plan suggests allowing renters and homeowners to deduct up to $3,000 in housing costs from their taxable income, offering financial relief for many. However, this policy has both potential benefits and downsides worth considering. The Potential…
The federal government’s new mortgage reforms, effective December 15, 2024, significantly increase the price cap for insured mortgages to $1.5 million and extend 30-year amortization to all first-time buyers and new builds. This change is expected to make mortgages more accessible, especially in high-cost areas like Vancouver. By lowering monthly payments and enabling more people…