👉 84% of non-homeowners in Metro Vancouver believe they’ll never be able to afford a home.

This finding highlights the growing frustration among renters, especially young professionals and families struggling with high home prices, rising costs of living, and stagnant wages.

📊 The survey also found that nearly 60% of respondents say they’ve already “given up” on saving for a down payment — reflecting deep discouragement even as interest rates continue to fall.

💬 Realtor’s Perspective – What This Means for Buyers

As a Vancouver Realtor, I often meet clients who feel home ownership is out of reach. But the market is shifting:

• Interest rates are now at their lowest since early 2023.

• Inventory remains high, giving buyers more choices and negotiation power.

• Prices have softened slightly across Metro Vancouver, including Burnaby and Coquitlam.

While affordability challenges remain real, the coming months could offer rare opportunities for first-time home buyers — especially those exploring smaller condos or pre-sale projects with flexible payment plans.

🏠 Buying your first home may still be tough, but with the right timing, expert guidance, and financing plan, it’s far from impossible.

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