BC's Population Crisis | What's Really Happening

👉 𝗕𝗢𝗢𝗞 𝗔 𝗖𝗔𝗟𝗟 𝗪𝗜𝗧𝗛 𝑩𝑳𝑨𝑲𝑬: https://calendly.com/blakechancey/30min 📷 Connect with me on Instagram: @theblakechancey BC just lost population for the first time in 151 years — and the headlines are focused on the number. I'm focused on what it actually means for the Vancouver and Fraser Valley real estate market in 2026. In this video I break down exactly what's happening, why it happened, and what it means for you whether you're a buyer, a seller, or a landlord right now. Here's what we cover: → Why BC shed over 41,000 people in 2025 — and why it's two separate problems, not one → How Metro Vancouver's rental vacancy rate hit 3.7% — the highest since 1988 → What falling rents and signing bonuses mean for landlords and investors → Why two of the biggest buyer pools in Greater Vancouver have gone quiet at the same time → Current active listing data for Fraser Valley and Greater Vancouver (March 2026) → Detached, townhouse, and condo price changes year-over-year → Three practical steps depending on whether you own a rental, are thinking of selling, or are a buyer waiting for the right moment Fraser Valley has 9,211 active listings — 50% above the 10-year average. The sales-to-active ratio is sitting at 11%. Detached home prices are down 8.7% year-over-year. This is a buyer's market. Here's how to think about it clearly and make the right call for your situation. If you're in Tsawwassen, Ladner, South Delta, Surrey, or anywhere in Metro Vancouver — this one's for you. —————————————————————— Thinking about buying or selling in South Delta, Tsawwassen, or Ladner? Let's talk. I'll give you a straight answer, no pressure. 𝐁𝐋𝐀𝐊𝐄 𝐂𝐇𝐀𝐍𝐂𝐄𝐘 Personal Real Estate Corporation 𝐓𝐎𝐏 𝟏% 𝟐𝟎𝟐𝟓 | 𝐓𝐎𝐏 𝟏𝟎% 𝟐𝟎𝟏𝟑-𝟐𝟎𝟐𝟒 GREATER VANCOUVER REALTORS® ΓEA⅃ Broker 👇 𝐒𝐜𝐡𝐞𝐝𝐮𝐥𝐞 𝐚 𝐜𝐚𝐥𝐥 𝐰𝐢𝐭𝐡 𝐁𝐥𝐚𝐤𝐞 𝐂𝐡𝐚𝐧𝐜𝐞𝐲 🗓 𝐋𝐈𝐍𝐊 𝐇𝐄𝐑𝐄: https://calendly.com/blakechancey/30min 📞 𝐂𝐚𝐥𝐥 𝐨𝐫 𝐓𝐞𝐱𝐭: 𝟔𝟎𝟒-𝟕𝟖𝟖-𝟎𝟒𝟖𝟎 —————————————————————— 0:00 - BC loses population for the first time in 151 years 0:36 - What this means for Vancouver homeowners and buyers 0:52 - Why Ottawa cut non-permanent residents and how BC was hit hardest 1:28 - BC's record interprovincial outflow — why 70,000 people moved to Alberta 1:47 - Affordability pushing residents out of Metro Vancouver 2:02 - Metro Vancouver rental vacancy rate hits a 37-year high 2:29 - How supply and demand flipped at the exact same time 2:58 - 11,000 new rental units hit the market — and renters are gone 3:24 - Vancouver asking rents down 9.2% year-over-year 3:43 - How the rental market shift is reshaping the ownership market 3:55 - The two buyer pools that drove Metro Vancouver sales for a decade 4:19 - Why investors and burned-out renters have both stepped back 4:38 - Fraser Valley active listings 50% above the 10-year average 5:01 - Greater Vancouver inventory and sales data March 2026 5:17 - Detached, townhouse, and condo price drops year-over-year 5:26 - Is now the right time to buy in Vancouver or Fraser Valley 5:40 - Sellers losing leverage on three fronts simultaneously 6:08 - Why affordability has actually improved for buyers in 2026 6:36 - Buying in a softer market before the long-term tailwinds return 6:52 - What rental property owners need to do right now 7:09 - Mortgage renewals — what landlords are walking into blind 7:33 - Cash flow negative condo — sell or hold? 7:46 - Thinking of renting instead of selling? Run these numbers first 8:14 - Buyers who have been waiting — this is your leverage window 8:35 - Final market summary — South Delta, Tsawwassen, Ladner, Greater Vancouver