Shiva Ojaroodi's blog

You’ve heard it before: “Buy low, sell high.” It’s a simple rule, yet most people forget it when it comes to real estate.

Right now in BC, we’re in a rare moment where that principle applies perfectly. Prices are softer, interest rates are easing, and sellers are motivated. That means buyers and investors who move today could position themselves for big gains when the market rebounds.

The Market Dip Is Your Advantage

The BC real estate market moves in cycles. After years of rapid growth, we’re in a correction phase. Listings are up, sales are slower, and prices have adjusted.

Instead of...

With summer in full swing, many British Columbians are asking: Is now a good time to buy or sell real estate? The answer depends on your goals, your location, and your timing. Here's what’s happening right now across the province.

Market Snapshot – August 2025

• Prices: Average home prices in BC are flat to slightly down. Greater Vancouver is seeing a ~2% decline, while Northern BC and the Okanagan remain more stable.

• Inventory: We’re now seeing the highest number of active listings in over a decade—a clear signal that buyers have more choice.

• Sales Activity: Year-over-year sales are...

While wildfires and heat warnings grab the headlines, there’s also a lot of good news in BC right now. From community wins to viral trends, here’s what’s sparking joy and growth across the province:

1. BC’s Local Travel Boom is Back

• People are skipping Europe and exploring BC’s backyard again: Tofino, Kelowna, Whistler, and the Gulf Islands are booked solid.

• “Staycations” are hot – trending TikToks show glamping spots, hidden lakes, and BC wineries.

• Great for real estate in smaller towns — more people exploring = more future buyers.

2. Farmers’ Markets + Local Food Movement...

While wildfires and heat warnings grab the headlines, there’s also a lot of good news in BC right now. From community wins to viral trends, here’s what’s sparking joy and growth across the province:

1. BC’s Local Travel Boom is Back

• People are skipping Europe and exploring BC’s backyard again: Tofino, Kelowna, Whistler, and the Gulf Islands are booked solid.

• “Staycations” are hot – trending TikToks show glamping spots, hidden lakes, and BC wineries.

• Great for real estate in smaller towns — more people exploring = more future buyers.

2. Farmers’ Markets + Local Food Movement...

Vancouver’s market is shifting, and many people are asking: is now a good time to buy—or should I keep renting?

Updated Cost Comparison

• Average rent (1‑bed, unfurnished) in Metro Vancouver: around $2,275–2,300/month

• Estimated mortgage payment on a $650,000 condo with 20% down and a variable rate at ~4.3%: approx. $3,100–$3,300/month

With mortgage rates lower than last year and more properties sitting on the market, buyers have a unique edge right now.

Why Now Might Be the Time to Buy

• Sellers are more flexible—prices are more negotiable than ever

• Variable mortgage rates have...