Found 2 blog entries tagged as Vancouver home prices.

The Vancouver housing market 2025 has taken a noticeable turn compared to the frenzied seller’s market of previous years. After a decade of soaring prices, Vancouver home prices are finally easing in many areas. In fact, Metro Vancouver is now largely considered a buyer’s market. For the first time in years, buyers have more negotiating power as inventory builds and prices soften. In this blog, we’ll explore the real estate trends in Vancouver – particularly which Vancouver neighborhoods (across Greater Vancouver) are seeing the steepest price declines in today’s market – and what it means for buyers and sellers.

Overview: A Cooling Vancouver Real Estate Market in 2025

It’s no secret that the Vancouver real estate market has cooled relative to its…

51 Views, 0 Comments

Read Full Post

Buyers Remain Hesitant as Inventory Builds

May 2025 saw inventory levels across Metro Vancouver reach another ten-year high, while home sales registered on the MLS® remained muted.

Residential Sales Statistics

The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 2,228 in May 2025, an 18.5% decrease from the 2,733 sales recorded in May 2024. This was also 30.5% below the 10-year seasonal average of 3,206.

“While there are emerging signs that sales activity might be turning a corner, sales in May were below the ten-year seasonal average, which suggests that some buyers are still sitting on the sidelines or are being especially selective,” said Andrew Lis, GVR’s director of economics and data analytics.

…

2775 Views, 0 Comments

Read Full Post