April Newsletter | Market Conditions Are in your Favour (Especially for buyers)
Posted on Apr 24, 2025
Metro Vancouver's housing market is offering something we haven’t seen in years: more listings, lower mortgage rates, and softer prices. Yet, March saw the lowest sales volume for this month since 2019.
This shift means favourable conditions for buyers—but many haven’t stepped off the sidelines just yet.
Key stats from March 2025:
- Sales: 2,091 (↓13.4...
March Newsletter | Spring Market Shows Early Momentum
Posted on Mar 11, 2025
Vancouver's real estate market continues its positive trajectory with February data showing balanced conditions. Home sales approach historical averages, while strong inventory provides buyers with excellent selection.
Property performance:
- Detached: $2,006,100 (+1.8% year-over-year)
- Townhomes: $1,087,100 (-1.2% year-over-year)
- Apartments: $747,500 (-2...
February Newsletter | Record Listings Mark Start of 2025
Posted on Feb 19, 2025
Metro Vancouver's real estate market begins 2025 amid economic crosswinds. While January saw a historic surge in new listings - up 46.9% from last year - the broader economic picture remains complex. With US-Canada trade tensions mounting and potential tariffs looming, market participants are navigating unprecedented uncertainty.
Despite these headw...
January Newsletter | Market Momentum Builds as 2024 Closes Strong!
Posted on Jan 16, 2025
Key December indicators:
- Sales: 1,765 properties (31.2% above Dec 2023)
- New listings: 1,676 properties...
November Newsletter | Market Momentum Shifts as Buyers Return
Posted on Nov 15, 2024
Vancouver's housing market showed significant growth in October, with sales up 31.9% from last year. This surge, driven by lower interest rates, signals returning buyer confidence, though sales remain 5.5% below the 10-year average.Different types of homes are seeing varying levels of activity:
- Apartment sales are leading the way, up 33.4% from last...
October Newsletter | Latest Real Estate News and Community Updates
Posted on Oct 31, 2024
Bank of Canada Update
The Bank of Canada’s reduction of its overnight rate to 3.75% marks a pivotal shift that could reshape Vancouver’s real estate market. While September showed continued buyer caution with sales down 3.8% year-over-year, this rate cut, paired with upcoming mortgage rule changes, may create advantageous conditions for homebuyers.
C...
