August 5, 2025
Greater Vancouver Housing Market Update – July 2025
“The June data showed early signs of sales activity in the region turning a corner, and these late...
“The June data showed early signs of sales activity in the region turning a corner, and these late...
“On a trended basis, signs are emerging that sales activity is rounding the corner after a challen...
“Inventory levels have just crested 16,000 for the first time since 2019, prices have stayed fairl...
“Prices have eased from recent highs, mortgage rates are among the lowest we’ve seen in years, a...
2025 is underway and with the spring market just around the corner, savvy sellers who list early can...
“Balanced market conditions typically bring a flatter price trajectory, and we’ve seen prices ac...
With U.S. tariffs now imposed on Canadian goods, home buyers and sellers may be wondering how this c...
VANCOUVER, BC – February 4, 2025 – Homes newly listed on the MLS® in Metro Vancouver* rose 46 p...
As of January 1, 2025, the new BC Home Flipping Tax has added another layer of tax consideration for...
Although sales activity had a slower start to the year, price trends began 2024 on the rise and clos...
You can now buy a home priced up to $1.5M with less than 20% down. This opens the door to more opt...
The Greater Vancouver REALTORS® (GVR)2 reports that residential sales in the region totalled 2,181 ...
After months of tracking approximately twenty per cent below the ten-year seasonal average, Metro Va...
“Real estate watchers have been monitoring the data for signs of renewed strength in demand in res...
“From a seasonal perspective, August is typically a slower month for sales than June or July. In t...
“The trend of buyers remaining hesitant, that began a few months ago, continued in the July data d...
Metro Vancouver home sales registered on the MLS® remained below seasonal and historical averages i...
“The surprise in the May data is that sales have come in softer than what we’d typically expect ...
The number of Metro Vancouver1 homes listed for sale on the MLS® rose nearly 23 per cent year-over-...
“Ultimately, the story of 2023 is one of too few homes available relative to the pool of willing a...
“We’ve been watching the number of active listings in our market increase over the past few mont...
“In contrast to the spring and summer, the September data suggests there may be a renewed interest...
“Yet despite borrowing costs being even higher than last July, sales activity surpassed the levels...
Continuing the trend that has emerged in the housing market this year, the benchmark price for all h...
“Back in January, few people would have predicted prices to be up as much as they are – ourselve...
“The fact we are seeing prices rising and sales rebounding this spring tells us home buyers are re...
“The headline story in our market in 2022 was all about inflation and the Bank of Canada’s effor...
“Heading into 2023, the market continues the trend of shifting toward historical averages and typi...
To help deliver more good homes for people, the Province is introducing new laws to build the homes ...
“Inflation and rising interest rates continue to dominate headlines, leading many buyers and selle...