Home Sales Rise as Prices Stabilize - BC and Alberta Markets Show New Momentum -

Western Canadian Housing Market Gaining Ground

After a softer spring, the housing markets in BC and Alberta are showing renewed energy. According to the latest MLS® data, sales across Canada rose again in June, with Greater Vancouver, the Fraser Valley, and parts of Alberta — including Calgary and Edmonton — seeing more buyers stepping back into the market.

Prices have held steady in both provinces, while new listings have dipped, creating more balanced conditions and opportunities for well-prepared buyers.

Why This Could Be the Moment for Your Next Move

1. Negotiating Power Is Back

   With healthier inventory than during the pandemic peak and fewer bidding wars, buyers in BC and Alberta can often negotiate on price, dates, and inclusions.

   
   

2. Mortgage Options Keep Homeownership Within Reach

   Even with today’s higher rates, insured mortgages (under $1.5M) allow as little as 5% down on the first $500,000 and 10% up to $1.5M. First-time buyers can also benefit from longer amortizations, plus down payment help through RRSPs, TFSAs, or the FHSA.

   
   

3. Upsizing Advantage

   Flat prices make it more affordable to bridge the gap between your current home and your next one — whether you’re moving from a condo in Burnaby to a detached in Langley, or upgrading from a starter home in Calgary to something larger.

4. Long-Term Stability

   
   

   Both BC and Alberta real estate markets have historically bounced back strongly from slowdowns. Buying now positions you to benefit from future appreciation while building equity with every payment.

   
   

Bottom Line

From Vancouver to Kelowna, Victoria to the Okanagan — and from Calgary to Edmonton and beyond — the market is showing signs of life. If you’ve been waiting for the “right time” to buy, upsize, or downsize, stable prices and balanced conditions could give you the edge you’ve been waiting for.