{"id":28083,"date":"2026-07-17T11:11:55","date_gmt":"2026-07-17T18:11:55","guid":{"rendered":"https:\/\/www.roryc.ca\/blog\/?p=28083"},"modified":"2026-07-17T08:16:02","modified_gmt":"2026-07-17T15:16:02","slug":"trade-up-opportunities-pouncing-detached-sales-in-metro-vancouver","status":"publish","type":"post","link":"https:\/\/www.roryc.ca\/blog\/2026\/07\/trade-up-opportunities-pouncing-detached-sales-in-metro-vancouver\/","title":{"rendered":"Trade-Up Opportunities Pouncing Detached Sales in Metro Vancouver"},"content":{"rendered":"<p style=\"text-align: justify;\">The first half of 2026 saw higher detached home-buying activity in the Vancouver region but there hasn\u2019t yet been an upswing in values, says a new report.<\/p>\n<p style=\"text-align: justify;\">The Metro Vancouver region reported strong sales growth, with 59% of the 17 communities analyzed posting an increase in transactions, said a Tuesday, July 14 report by Re\/Max Canada.<\/p>\n<p style=\"text-align: justify;\">Year-over-year sales growth was led by New Westminster (up 58.1%), Vancouver West (23.3%) and Whistler and Pemberton (20.8%), said the report.<\/p>\n<p style=\"text-align: justify;\">In the Fraser Valley, the top-performing markets were Delta North (up 21.4%), White Rock and South Surrey (20.5%) and Langley (12%).<\/p>\n<p style=\"text-align: justify;\">Overall, 70% of markets in the Lower Mainland saw elevated sales activity in the detached segment.<\/p>\n<p style=\"text-align: justify;\">But values tell a different story, said Re\/Max.<\/p>\n<p style=\"text-align: justify;\">Nationally, just 5 out of 83 markets reported year-over-year price growth, with four of them in Greater Toronto. In BC, only Port Moody saw an increase in median price, and it was modest at 3.3%.<\/p>\n<p style=\"text-align: justify;\">\u201cWith most markets reporting prices below year-ago levels, opportunity exists, and those who can are taking advantage of some of the best values in years,\u201d said the report.<\/p>\n<p style=\"text-align: justify;\">This is creating trade-up opportunities, said the report. Lower values have narrowed the gap, helping some buyers transition into larger homes.<\/p>\n<p style=\"text-align: justify;\">\u201cIn Vancouver, trade-up buyers are willing to lose on the sale on their existing home because the home that they\u2019re purchasing has seen a greater loss,\u201d the report said.<\/p>\n<p style=\"text-align: justify;\">Detached inventory levels are dwindling as more product is absorbed, which could place upward pressure on values in the future, especially at more affordable price points, said Re\/Max.<\/p>\n<p style=\"text-align: justify;\">Poised to benefit are markets with the lowest median values, led by Sunshine Coast ($820,000 in the first five months of 2026), Maple Ridge and Pitt Meadows ($1,190,000), Port Coquitlam ($1,310,000), Bowen Island ($1,501,000) and New Westminster ($1,415,000).<\/p>\n<p style=\"text-align: justify;\">The most affordable communities in the Fraser Valley, meanwhile, were Mission ($963,879) and Abbotsford ($1,158,197).<\/p>\n<p style=\"text-align: justify;\">But it\u2019s not all about affordability, Re\/Max said.<\/p>\n<p style=\"text-align: justify;\">There has been substantial movement at higher price points in Vancouver West, where the median price exceeds $3 million. Recreational markets like Whistler and Pemberton, where the median price is $2.5 million, are also seeing buyers take advantage of depressed prices, said the report.<\/p>\n<p style=\"text-align: justify;\"><a href=\"https:\/\/www.biv.com\/news\/real-estate\/detached-sales-up-but-prices-stagnant-in-metro-vancouver-says-remax-12542518\" target=\"_blank\" rel=\"noopener\">Re\/Max : Detached Sales Up but Prices Stagnant in Metro Vancouver<\/a> by Jami Makan | BIV<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The first half of 2026 saw higher detached home-buying activity in the Vancouver region but there hasn\u2019t yet been an upswing in values, says a new report. The Metro Vancouver &hellip; [<a href=\"https:\/\/www.roryc.ca\/blog\/2026\/07\/trade-up-opportunities-pouncing-detached-sales-in-metro-vancouver\/\">read more<\/a>]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8,13],"tags":[],"class_list":["post-28083","post","type-post","status-publish","format-standard","hentry","category-market-updates","category-real-estate"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Trade-Up Opportunities Pouncing Detached Sales in Metro Vancouver &#8226; Rory C Real Estate | Oakwyn Realty<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.roryc.ca\/blog\/2026\/07\/trade-up-opportunities-pouncing-detached-sales-in-metro-vancouver\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Trade-Up Opportunities Pouncing Detached Sales in Metro Vancouver &#8226; Rory C Real Estate | Oakwyn Realty\" \/>\n<meta name=\"twitter:description\" content=\"The first half of 2026 saw higher detached home-buying activity in the Vancouver region but there hasn\u2019t yet been an upswing in values, says a new report. 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