Vancouver’s Condo Prices Descending Gently, For Now — Mortgage Sandbox
2025 Construction Compensation Guide
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Vancouver’s Condo Prices Descending Gently, For Now — Mortgage Sandbox
A Return to Fundamentals
This is a correction, not a crisis. Prices are still well above pre-pandemic levels. The current softness likely reflects a return to fundamentals, including higher rates, slower population growth, increased new unit construction, and more cautious buyers.
The resale market is still functioning. Deals are closing. Prices are adjusting. Buyers are negotiating. That’s what a healthy market looks like. Presales, on the other hand, are a different story. More cautious developers are proceeding with construction according to plan. Risk-taking developers who assumed prices would rise forever are now learning the limits of that bet. Bailing out the riskier outfits will encourage them to take risks again, at the expense of the more astute developers.
The Road Ahead
The apartment market in Greater Vancouver is likely to stay cool through 2025, and possibly into 2026. Prices may keep sliding. But affordability is improving, and more supply is coming.
In time, that may be good news for buyers and for the city.
Steffen deGraaf
I started AEC Benefits to make group benefits simple, cost-effective, and hassle-free. With 20+ years of experience, I know that a well-designed benefits plan helps businesses attract and retain top talent while keeping costs under control.
Unlike many providers, we have direct relationships with top insurers, eliminating middlemen to get you better pricing, faster service, and customized solutions.
And let’s be honest—great customer service is rare. That’s why we provide personalized support, clear guidance, and fast responses so you always know where you stand. Whether you’re setting up a new plan or optimizing an existing one, we make it easy.
Let’s build a smart, sustainable benefits program that works for your business and your employees.
Discover our group plans below...
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Vancouver’s Condo Prices Descending Gently, For Now — Mortgage Sandbox
Vancouver’s Condo Prices Descending Gently, For Now — Mortgage Sandbox
Share this article...
Steffen deGraaf
I started AEC Benefits to make group benefits simple, cost-effective, and hassle-free. With 20+ years of experience, I know that a well-designed benefits plan helps businesses attract and retain top talent while keeping costs under control.
Unlike many providers, we have direct relationships with top insurers, eliminating middlemen to get you better pricing, faster service, and customized solutions.
And let’s be honest—great customer service is rare. That’s why we provide personalized support, clear guidance, and fast responses so you always know where you stand. Whether you’re setting up a new plan or optimizing an existing one, we make it easy.
Let’s build a smart, sustainable benefits program that works for your business and your employees.
Discover our group plans below...
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