Ep. 96 — BC Real Estate April Stats: Why Qualified Renters Still Aren't Buying (And How to Change That)

BC real estate posted its first year-over-year sales increase in over 12 months, and Fraser Valley real estate prices are stabilizing — so why aren't more BC renters making a move into homeownership? In this episode of The Real Deal Pod, Fraser Valley realtor Allister Carrington and BC mortgage broker Geoff Lee break down the April 2025 BC real estate and Fraser Valley real estate stats, dig into what's really happening with the Metro Vancouver and BC condo market, and have an honest conversation about why so many qualified renters across BC still aren't buying. What you'll learn: April 2025 Fraser Valley real estate numbers — sales up 7% year over year, inventory 45% above the 10-year average Why detached homes are moving while the BC condo market struggles The psychology behind why first-time home buyers in BC hesitate — and how to break through it How a BC mortgage broker approaches turning renters into buyers using real numbers What first-time buyers in the Fraser Valley actually need to get started If you're renting in BC and wondering whether now is the right time to buy, or if you're a real estate or mortgage professional looking to better serve first-time buyers, this episode delivers the straight talk you need.   Hosted by Allister Carrington | Realtor, KIC Realty | www.AllisterCarrington.com Co-hosted by Geoff Lee | BC Mortgage Broker, GLM Mortgage Group | www.GLMmortgage.com