You’ve heard the headlines—downtown Vancouver sales are slower than usual. But why? According to local expert Mark Hammer, it’s a story of shifting buyer priorities, not falling confidence.
1. Lifestyle Changes
Post-pandemic, more buyers want space, yards, and neighbourhood living.
2. Rising Strata Fees
Higher condo fees have nudged some buyers toward townhomes or detached options.
3. Investor Cooling
Tighter lending rules and short-term rental restrictions have reduced investor activity downtown.
4. Still a Solid Long-Term Bet
Mark reminds clients that real estate is cyclical—downtown rebounds historically lead city recoveries.
5. Opportunity for Buyers
For those ready to buy, this lull means rare value in prime locations.
As Mark says, “Downtown isn’t falling—it’s resetting.” Smart buyers use that reset to their advantage.
May 12, 2026 
