Buyer Hesitation & Economic Jitters — What It Means for BC Real Estate

by Kambiz Javady

There’s no doubt — we’re living in uncertain times.

Between economic fluctuations, inflation worries, and rising unemployment, it’s understandable that many potential buyers in BC are pressing pause. But what does all this hesitation actually mean for the housing market? And should you be doing the same?

As your trusted real estate guide, I’m here to help unpack what’s going on — and help you navigate your next steps with confidence.

Let’s Talk About the Economy First

In April 2025, Canada’s national unemployment rate rose to 6.9% — the highest it’s been since late 2023. British Columbia, while faring slightly better, sits at 6.2%. That’s still enough to make people cautious about their finances and long-term job security.

Pair that with inflation pressure, fluctuating interest rates, and economic uncertainty globally, and you’ve got the perfect storm for buyer hesitation.

What We’re Seeing in the Market

That hesitation is showing up in the numbers. According to the latest data:

- Home sales in Metro Vancouver have dropped by over 23% year-over-year.
- Inventory is rising — meaning there are more homes for sale, but fewer people making offers.
- Many buyers are waiting to see “what happens next.”

And that’s exactly where opportunity lives for those ready to act wisely.

Buyer Psychology & Market Timing

Right now, a lot of buyers are saying:

“What if prices drop further?”
“What if I lose my job?”
“What if interest rates go up again?”

All valid questions. But historically, when others hesitate, those who move smartly can gain an advantage.

Think about this:

- More homes = more options.
- Less competition = less bidding wars.
- Motivated sellers = room to negotiate.

In fact, some of the best deals I’ve helped clients make were during “uncertain” times — not in red-hot seller markets.

So… Should You Wait? Or Move Now?

That depends on your situation. If your job is stable, your budget is sound, and your long-term goals include homeownership — this might be the time to get more for your money.

If you’re selling? Don’t be discouraged by slower traffic. The buyers out there today are serious. And with the right pricing, staging, and exposure, your home can still shine.

My Advice? Let’s Make a Plan, Not a Panic

We can’t predict the economy — but we can prepare.

Let’s look at your personal goals. Your financial comfort zone. Your timing. Together, we can map out a path forward that makes sense for you — not just based on news headlines, but real data and strategy.

I’m not here to pressure you. I’m here to help you make smart, informed decisions — so when you’re ready to move, you move with confidence.

Want to talk? I’m always just a message away.

Stay strong, stay informed, and remember — the right time is your time.

Buyer Hesitation & Economic Jitters — What It Means for BC Real Estate

by Kambiz Javady

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