Vancouver

Vancouver is Canada's Pacific gateway and most expensive housing market, a metropolitan area of roughly 3.1 million people set between the ocean and the North Shore mountains. Its property market spans glass-tower condos in Coal Harbour and Yaletown, beachside Kitsilano, and dense transit-oriented corridors. For international investors the city is heavily regulated: the federal foreign-buyer ban applies (Metro Vancouver is a Census Metropolitan Area), British Columbia adds a 20% foreign-buyer tax in the region, and the Speculation & Vacancy Tax rises to 3% for foreign owners in 2026. The market is in a 2026 reset, with the benchmark down nearly 7% year-on-year and a further decline forecast, giving buyers leverage while supply scarcity and the coming Broadway Subway underpin the long run.