Leap Financial

BC Market Reality Check - October 2025:

The housing market has changed. Here's where we actually stand:

🏠 Greater Vancouver: $1,150,400 (down 3.8%)
🏠 Victoria: $1,308,100 (stable)
🏠 Surrey: $1,011,000 (stable)
🏠 Burnaby: $1,044,000 (stable)

What does this mean for YOUR equity?

💰 Bought before 2020? You likely have $200K-400K+ in equity
💰 Bought 2020-early 2022? Still sitting on solid gains
💰 Bought at peak (late 2021-2022)? Equity has stabilized, may need more time
💰 Bought recently? Building equity through payments + stable market

Here's the thing most homeowners don't realize:

You might be sitting on $100K-300K in accessible equity right now - but you're either:

Overestimating (thinking 2022 prices still apply)
Underestimating (not realizing what you've actually built)

Don't guess your equity. Know it.

To access home equity loans, you typically need:

✅ Home value $400K+
✅ Available equity $80K-100K minimum
✅ Loan-to-value under 80-85%

Quick example:

$800K home - $500K mortgage = $300K equity
You could access: $140K-180K

Whether you're considering debt consolidation, renovations, or just want to know your options - understanding your real equity position is the first step.

Ready to take the LEAP? Apply now.

https://leapfinancial.ca/application/