emergencyBreaking NewsOil Price Spikes and Inflation Data Force Federal Reserve to Hold Rates SteadySocial Security Impostor Scams Use Employee Photos to Forge LegitimacyIsraeli Strikes in Lebanon Escalate Following US-Iran CeasefireScammers Are Impersonating Real Social Security Employees — With PhotosThe South’s Housing Advantage Isn’t Just About Cheap Prices—It’s About CompetitionOil Price Spikes and Inflation Data Force Federal Reserve to Hold Rates SteadySocial Security Impostor Scams Use Employee Photos to Forge LegitimacyIsraeli Strikes in Lebanon Escalate Following US-Iran CeasefireScammers Are Impersonating Real Social Security Employees — With PhotosThe South’s Housing Advantage Isn’t Just About Cheap Prices—It’s About Competition
DoiDoi
Credit & Lendingexpand_more
Credit CardsPersonal LoansStudent Loans
Markets & Investingexpand_more
Stocks & ETFsCrypto & BlockchainFed & Macro
Retirement & Benefitsexpand_more
401(k) & IRASocial SecurityRetirement Policy
Real Estateexpand_more
Mortgage RatesHousing Market
Financial Foundationexpand_more
Budgeting & SavingInsurance
Latest News
MarketsPortfolio
The Digital Ledger
Credit & Lending
Markets & Investing
Retirement & Benefits
Real Estate
Financial Foundation
Latest News
Dashboards

Institutional Financial Analysis

Home/Real Estate/HOME PRICE INDEX

Foreign buyer bans and taxes recalibrate Vancouver's luxury real estate

DG

Devon Godfrey

home price index · Apr 10, 2026

Foreign buyer bans and taxes recalibrate Vancouver's luxury real estate

Source: The Digital Ledger Data Terminal

Some expensive properties in West Vancouver are facing foreclosures. This decline is the result of a reduction in demand from non-residents, driven by the federal foreign buyer ban and provincial taxes on homes worth more than $3 million. Non-residents participated in 6.5% to 10.9% of all house and condo purchases in the city of Vancouver and 7.6% to 6.8% of all detached houses and condos in West Vancouver.

Related Brief2d ago
real estate

Higher Interest Rates Trigger 24.8% Inventory Surge and Targeted Home Price Drops

Home prices in Greenville, Mississippi, are projected to fall 16.7% over the next 12 months. This decline is part of a 1.0% nationwide housing correction projected by Zillow. The shift follows a 24.8% increase in housing inventory over the last year, as reported by Realtor.com. Sellers who had delayed listing their homes to maintain low fixed-interest mortgages could no longer delay moving because interest rates remained higher for longer than analysts expected. In smaller markets, price drops are more acute. Zillow projects declines of 14.8% in Clarksdale, Mississippi; 13.7% in Pecos, Texas; 13.6% in Cleveland, Mississippi; 11.9% in Bennettsville, South Carolina; 11.5% in Opelousas, Louisiana; 11.5% in Raymondville, Texas; 11.4% in Hobbs, New Mexico; 11.3% in Morgan City, Louisiana; and 10.8% in Indianola, Mississippi. Larger metropolitan areas face smaller percentage drops: New Orleans, Louisiana, at 7.2%; San Francisco, California, at 6.1%; Austin, Texas, at 5.1%; San Jose, California, at 4.0%; Honolulu, Hawaii, at 3.8%; Denver, Colorado, at 3.8%; Sacramento, California, at 3.7%; San Antonio, Texas, at 3.6%; Portland, Oregon, at 3.5%; and Washington, D.C., at 3.3%.

According to the Greater Vancouver Realtors’ Multiple Listing Service Home Price Index report for February 2026, the west side of the city and West Vancouver were the only areas to see prices drop in the past 10 years. Vancouver’s west side house market saw an 8.4% drop in all property types, while West Vancouver declined 5.8%.

Related Brief7h ago
housing market

Saskatchewan homebuyers face record prices and a two-month supply of homes as national trends diverge

Saskatoon has less than a two-month supply of homes available for sale. If no new homes enter the market, the city will run out of available inventory within that window — a reality that is pushing prices higher and forcing buyers to act fast or risk being priced out. The provincial benchmark price of a home has risen to $374,100, up from $363,800, with Saskatoon’s benchmark hitting a record $435,200 and Regina’s reaching $343,700. Saskatchewan’s inventory levels are 50% below normal for this time of year. That scarcity is fueling intense competition: some homes are selling within hours, and the average overbid is now between $34,000 and $36,000, with some offers soaring as high as $120,000 above asking. First-time buyers like Patrick Arno are finding it difficult to match their wish lists, forced to compromise or act aggressively. Real estate agents report that buyers are submitting pre-approval letters, offering flexible possession dates, increasing deposits, and even writing personal appeals to sellers — tactics now essential in a market where price alone doesn’t guarantee success. While British Columbia, Alberta, and Ontario see prices and demand fall amid rising inventory, Saskatchewan’s market is moving in the opposite direction. “We should expect upward pressure on prices,” said Saskatchewan Realtors Association CEO Chris Guérette, noting the market is tightening just before the busiest season. The divergence underscores a fragmented national housing landscape, where localized supply constraints, not broad economic trends, are now the primary drivers of affordability.

Realtor Holly Calderwood says the federal foreign buyer ban has hit the detached house market hard. In 2015 and 2016, demand was so high that people flipped houses before the sale completed. Now, a buyer who purchased in November of last year could have seen a property value drop by $500,000 in four months.

Related Brief1d ago
real estate

Home sellers are slashing prices by an average of $41,000 to attract buyers

Home sellers are reducing their asking prices by an average of 7.3%, or nearly $41,000, in February. More than one-third of home sellers reduced their asking prices in February. This share of households lowering prices is the highest February share on record since 2012. Redfin says buyers have been deterred by high mortgage rates, high prices, and economic uncertainty. The probability of a price reduction is lower for those who owned their homes for the length of time they owned their home. Less than one-third of February 2026 sellers who had owned their homes for the oldest own their homes for at least seven years lowered their price. In contrast, 34.9% of فلسفة sellers who had owned their holdings for two to seven years. The sellers who purchased homes during the pandemic peak set high initial listing prices to recoup their investment. These sellers must now lower their expectations as the market has shifted. Sellers in Texas and Florida are most likely to reduce their prices. Sellers in the the San Francisco Bay Area are the least likely to implement price cuts.

home price index

The Ledger Morning

The essential intelligence to start your trading day. Delivered 6:00 AM EST.

Join 50,000+ professionals who start their day with The Digital Ledger.

No spam. Unsubscribe anytime.

Read More Analysis

crypto IRS ruling

The South’s Housing Advantage Isn’t Just About Cheap Prices—It’s About Competition

For renters in costly coastal markets, moving to a Southern city like Birmingham or San Antonio could cut the income nee…

crypto exchange hack

Perpetual Futures Volume Quadrupled Spot Trading on Major Exchanges in March 2026

Perpetual futures trading volume was four times spot volume on centralized crypto exchanges in March 2026, signaling a d…

DoiDoi

© 2026 DojiDoji. All rights reserved.

EditorialEditorial GuidelinesCorrections
LegalPrivacy PolicyTerms of Service
DisclosureSEC DisclosuresAd Choice
SocialX (Twitter)LinkedIn