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 (-2.8% year-over-year)
With the Bank of Canada's recent rate cut and spring activity beginning, we anticipate increased momentum. The 14.8% sales-to-active listings ratio indicates a balanced market favorable for both buyers and sellers.
This spring offers an excellent opportunity to make your move before potential market shifts.
Let's discuss how these conditions could work in your favor!
Nestled in the coveted Spyglass Hill complex, this 5-bed, 5-bath duplex-style townhome offers 3,338 sq. ft. of bright, flexible living. Vaulted ceilings, skylights, and expansive windows enhance the airy feel. With primary suites on two levels and a versatile lower floor, the home suits families of all sizes. Three south-facing decks, a double garage, and ample storage add convenience. Located in the Handsworth catchment, it offers both privacy and accessibility.
5 Beds | 5 Baths | 3,338 Sq. Ft. | Built 1984
Experience island living at 5817 Eagle Island, a rare retreat in West Vancouver’s exclusive 16-acre community. This charming 3-bed, 1.5-bath Pan-Abode home offers 1,572 sq. ft. of single-level living, surrounded by lush gardens and scenic walkways. Just a 30-second barge ride from shore, it provides both seclusion and easy access to top schools, Eagle Harbour Marina, and downtown Vancouver.
3 Beds | 1.5 Baths | 1,572 Sq. Ft. | Built 1963
Tucked away at the end of a quiet cul-de-sac, this 4-bed, 3-bath Bowen Island home blends warmth and charm with stunning mountain views. Fir flooring, oversized windows, and a wood-burning fireplace create a cozy retreat, while an open-concept living area extends to a sunlit patio. A private guest suite with its own entrance offers great rental potential. Just minutes from Artisan Square and a short ferry ride to the mainland, this is island living at its best.
4 Beds | 3 Baths | 2,381 Sq. Ft. | Built 1997
Recent US trade policy developments could impact our BC real estate market. According to BCREA Chief Economist Brendon Ogmundson, these measures present both challenges and opportunities.
Key impacts:
- Construction adjustments - Tariffs may affect building material costs and project timelines.
- Market adaptation - Temporary shifts in activity as the market responds to changing conditions.
- Rate opportunities - Potential Bank of Canada adjustments could create more favorable mortgage rates.
Those prepared for this changing landscape may benefit from potentially lower borrowing costs if interest rates adjust downward.
The market constantly evolves with economic factors, and we're ready to help you navigate this change. I'm staying informed and available to discuss strategies for achieving your real estate goals regardless of conditions.
Why Start Planning Your Spring Move Now?
Smart buyers and sellers prepare early. Here's why now is the time to start:
- Get ahead of peak spring competition
- Leverage current balanced market conditions
- Secure proper financing or prepare your home
- Access early spring listings first
- Make decisions without heated market pressure
With inventory 36.4% above the 10-year average and stable prices, this spring offers excellent opportunities for everyone.
Ready to discuss your 2025 real estate goals? Let's create your success strategy!
From Our Team
Enjoying the fresh start of spring? It’s a great time to explore your real estate goals! Whether you're buying, selling, or just curious about the market, we're here to help. Contact us to chat about your next move.
Wishing you a wonderful season ahead! 🌿🏡
