Ep. 102 — How Much Income to Buy a Home in BC, June 2026 Market Stats & Your Full Borrowing Power Formula

How much income do you need to buy a home in BC? It's the question every buyer in the Fraser Valley and Metro Vancouver is asking — and in Episode 102 of The Real Deal Pod, Fraser Valley realtor Allister Carrington and BC mortgage broker Geoff Lee answer it with real numbers across Vancouver, the Fraser Valley, and Canada-wide. They also cover the June 2026 BC real estate stats, including a significant milestone: for the first time in years, detached homes, townhomes, and condos all saw year-over-year sales increases in Metro Vancouver. The Fraser Valley now sits 26% below its 2022 peak — and the sales-to-active ratio in Metro Vancouver has moved into balanced market territory at 14.6%. What you'll learn: June 2026 Fraser Valley real estate stats — benchmark pricing, days on market, inventory, and the sales-to-active ratio Metro Vancouver June 2026 update — 9.6% sales increase year-over-year and what it means How much income you need to buy a BC condo, townhome, or detached home — Vancouver and Canada-wide numbers The full BC mortgage borrowing power formula: income, debts, credit score, and down payment Why every $600 monthly payment takes $100,000 off your BC mortgage approval Why credit score matters as much as income on a BC mortgage application The stress test: how it works, when it applies, and the one time it doesn't Down payment strategy — when paying off consumer debt first gives you more buying power Why now may be the best time in years to buy real estate in BC — and why the media isn't saying it If you're a first-time buyer in the Fraser Valley, a move-up buyer watching the Metro Vancouver market, or simply trying to understand what you can actually afford in BC, this episode gives you the honest numbers and the full picture. Hosted by Allister Carrington | Fraser Valley Realtor | www.AllisterCarrington.com Co-hosted by Geoff Lee | BC Mortgage Broker, GLM Mortgage Group | www.GLMmortgage.com