The Vancouver area still suffers from high prices and constrained supply, especially in core zones.

Migration and immigration remain strong, supporting housing demand despite rate pressures.

Suburban and exurban markets show more value-seeker activity compared with the downtown core.

New-home starts remain elevated but delivery timelines and cost pressures limit oversupply.
Outlook: Home values in British Columbia are expected to inch ↑2–4% as demand holds and supply slowly adjusts.