Vancouver Foreclosures Nearing Record Highs
Key Questions
How high are foreclosures in Vancouver right now?
Vancouver foreclosures are approaching the record highs seen in 2012. This trend coincides with stalled sales, falling listings, rising inventory and delinquencies, and a 7% price drop.
What is driving housing uncertainty in Metro Vancouver?
Key signals include rising foreclosures, stalled sales, and a 7% price drop amid policies like the speculation tax and Bill 44 suites. These factors contribute to broader market uncertainty.
How is Metro Vancouver planning to reduce housing development costs?
Metro Vancouver staff have presented options for $246 million or $389 million reductions in revenue from development cost charges (DCCs). This aims to ease housing costs in the region.
Vancouver foreclosures approach 2012 peaks, stalled sales, falling listings, rising inventory/delinquencies, 7% price drop. Signals Metro housing uncertainty amid spec tax/Bill 44 suites.
Sources (2)
Updated Apr 13, 2026