Happy 2026! As we step into a new year, the real estate market is already showing encouraging signs of optimism and renewed activity. After a period of uncertainty, momentum is slowly building - especially at the lower end of the market - creating fresh opportunities for both buyers and sellers.
One of the most noticeable shifts we’re seeing is the return of first-time buyers. With interest rates easing and home prices becoming more accessible, many buyers who were previously sitting on the sidelines are now confidently entering the market. This increase in activity is helping sellers secure offers on their homes and, in turn, giving them the flexibility to move up to a more spacious “forever home.”
Why Buying “Up” Makes Sense in 2026
Interestingly, the real winners in this market are those who are buying up. While the sale price of a current home may be slightly lower than what sellers once expected, the price drop on the next-step home is often even greater- creating a valuable equity advantage.
For example, a condo that may have once been priced at $600,000 could now be selling closer to $550,000. At the same time, a townhome previously listed at $1,200,000 may now be available for around $1,100,000. That difference can work strongly in your favor, allowing you to gain more space and long-term value while making a smart financial move.
Planning Your Next Move
Whether you’re considering selling, buying, or both, timing and strategy are key in a market like this. Understanding your home’s current value and knowing how it fits into today’s conditions can help you make confident, informed decisions.
If you’re wondering what your home might be worth right now, I’d be happy to help. We can book an appointment to discuss your property’s value and outline the next steps toward selling what you own and moving into what you truly want.
Life is full of change - and the real estate market is no exception. Let’s embrace these changes and take advantage of the opportunities 2026 has to offer. I look forward to meeting with you soon and discussing your future plans.
Cheers, and best wishes for a happy, healthy, and successful New Year!
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.