Housing Supply Challenges and What That Means for Mortgages

What happened: BC continues to face a shortage of available homes, especially in desirable urban markets.

Why it matters for mortgages: Low supply keeps prices firm, even when borrowing costs are high. That means affordability is still stretched and your financing strategy matters more than ever.

For Realtors: Highlighting affordability tools (like extended amortizations, variable vs. fixed strategies, or joint borrower options) can help clients move forward confidently.

For Clients: Don't let sticker shock stop you. With the right mortgage structure, buying in a tight market can still be possible.

Reach out and let's run the numbers on what's realistic for you.