💰 Economy
Vancouver real estate market records biggest drop in 15 years
Experts point to an increase in rates and a drop in foreign demand as the main factors.
By Fernanda Ribeiro
Published on March 26, 2026
Average home prices in Vancouver fell 18% in the first quarter of 2026. It's the biggest drop since 2008.
Causes
High interest rates and restrictions on foreign purchases have created a more buyer-friendly market.