Tariffs, Economic Uncertainty Stall Spring Market in the Fraser Valley


Date: March 2025

SURREY, BC - March home sales in the Fraser Valley remained nearly 50 per cent below the 10-year average — making for the slowest start to the spring market in more than 15 years.

The Fraser Valley Real Estate Board recorded 1,036 sales in March, up 13 per cent from February, but still 26 per cent below sales recorded this time last year.

Following a decline on the Board’s Multiple Listing Service® (MLS®) in February, new listings increased 22 per cent in March to 3,800. Overall inventory is at a decade-high level, with 9,219 active listings, 49 per cent above March 2024 and 59 per cent above the 10-year seasonal average.

“If not for the…

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A Market Made for Buyers is Missing Buyers

VANCOUVER, BC – April 2, 2025

Home sales registered on the MLS® in Metro Vancouver for the month of March were the lowest going back to 2019 for the same month, while active listings continue their upward trend.

The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 2,091 in March 2025, a 13.4 per cent decrease from the 2,415 sales recorded in March 2024. This was 36.8 per cent below the 10-year seasonal average (3,308).

“If we can set aside the political and economic uncertainty tied to the new U.S. administration for a moment, buyers in Metro Vancouver haven’t seen market conditions this favourable in years,” said Andrew Lis, GVR’s director of economics…

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Buying a townhouse in Vancouver West (Vancouver’s west side in British Columbia) is a significant decision. Vancouver’s real estate market is known for its resilience and high demand, but recent shifts have potential buyers wondering if now is a good time to buy. This comprehensive guide explores current market conditions, the pros and cons of townhouse living on the west side, financial considerations, and local lifestyle factors. By the end, you’ll have a clearer picture of whether buying a Vancouver West townhouse now aligns with your goals, and we’ll provide a call to action if you need expert help navigating your purchase.

Vancouver West Townhouse Market Overview

Vancouver West, often referred to as the West Side, encompasses prestigious…

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Yaletown’s waterfront is lined with modern condo towers, offering residents beautiful False Creek views along the seawall. Downtown Vancouver’s Yaletown has transformed from a former warehouse district into one of the city’s most vibrant and upscale neighborhoods. Home buyers are drawn to Yaletown for its unique blend of urban lifestyle perks and strong real estate investment potential. In this article, we’ll explore why purchasing a condo in Yaletown is a smart move – combining the best of downtown living with savvy property value advantages.

Yaletown’s Unmatched Urban Lifestyle

Yaletown is synonymous with an active, convenient, and trendy city lifestyle. This downtown enclave is bordered by False Creek and major streets like Homer Street,…

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Housing prices in Canada have been on a relentless upward trajectory, making the dream of owning a home increasingly elusive for many. From bustling urban centers like Toronto and Vancouver to smaller cities across the country, Canadians are feeling the squeeze of high housing prices. Homeownership affordability has deteriorated to record lows – by the end of 2023, the average Canadian household needed to spend over 60% of its income on ownership costs, double the traditional affordability benchmark of 30%. This affordability crisis is the result of multiple factors converging over recent years, from surging demand to constrained supply and everything in between. Below, we explore the key reasons housing prices keep climbing in Canada, and what it means…

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Vancouver is one of the most desirable cities in Canada, attracting homebuyers from all walks of life with its stunning natural scenery, vibrant communities, and long-term real estate value. In 2025, the city's housing market remains competitive, but with the right guidance, there are still excellent opportunities for both first-time buyers and seasoned investors. Whether you're looking to settle down, raise a family, or make a smart investment, understanding the city's top-performing neighbourhoods is crucial. This year, we're highlighting five areas in Vancouver that stand out for their lifestyle benefits, property value, and future growth potential.

1. Kitsilano – The Lifestyle Hotspot

Kitsilano, affectionately known as "Kits," consistently ranks…

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Thinking of buying a home in Vancouver? You're not alone. Whether you're a first-time buyer looking to get into the market or someone upgrading for more space and lifestyle flexibility, understanding the different types of homes available in Vancouver is a must. Each housing option comes with its own benefits and trade-offs, and choosing the right one can have a huge impact on your day-to-day living and long-term financial health. So, let’s break everything down in a way that makes sense.

1. Single-Family Detached Homes

Single-family detached homes are considered the traditional ideal for many families. They offer complete independence since the building stands alone on its own piece of land, with no shared walls or communal areas. These homes…

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Are you planning to sell your condo in Vancouver? Whether you’ve owned your apartment/condo for a few years or it’s been your long-time home, getting it ready for sale is a big move — and doing it right means more money in your pocket and less stress overall.

Hi, I’m Adam Chahl, an award-winning Vancouver Real Estate Agent with Oakwyn Realty. I’m also a proud member of the Medallion Club, which recognizes the top 10% of agents in Vancouver. Over the years, I’ve helped hundreds of sellers just like you maximise their sale price, streamline their move, and feel confident at every step of the process.

Here are my five must-know tips for selling your condo the smart way.

1. Price Your Condo Right From the Start

If your listing price is too high,…

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Looking for a rental home can feel like diving into a sea of listings, confusing lease agreements, and unresponsive landlords. Every ad seems perfect until you make contact, only to find out it's already gone—or worse, was never real to begin with. But what if there was a smarter way to rent—a way that not only saves you time and stress but actually gives you the upper hand? That’s where working with a real estate agent makes all the difference. With professional insight, trusted contacts, and experience with the rental process, agents are your inside edge.

Let’s break down why teaming up with a professional to rent your next home might be the best decision you make.

1. Access to More Rental Properties Than You’ll Find Online

Sure, you can scroll…

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When buying a home, many people focus on the kitchen, bathrooms, and overall living space. However, the attic is often overlooked, even though it plays a crucial role in the home’s structure, energy efficiency, and air quality. If you're considering purchasing a home with an attic, a thorough inspection is essential to avoid costly repairs and ensure a safe living environment. Below are the key reasons why an attic inspection should be at the top of your home-buying checklist.

1. Identifying Potential Problems

Insulation Issues

Attic insulation is critical for maintaining a home's temperature and reducing energy costs. Insufficient or damaged insulation can cause heat to escape during the winter and trap heat during the summer, making the…

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