Latest Market News, Updates & Statistics 

Uncertainty Continues to Hold Back Sales Activity in BC

Posted on Jun 12, 2025 in BC Real Estate Update



The British Columbia Real Estate Association (BCREA) reports that 6,945 residential unit sales were recorded in Multiple Listing Service® (MLS®) Systems in May 2025, down 13.5 per cent from May 2024. The average MLS® residential price in BC in May 2025 was down 4.2 per cent at $959,058 compared to $1,001,341 in May 2024.

The total sales dollar volum...

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Housing Market Update for May 2025 (Video)

Posted on Jun 06, 2025 in Market Insights Videos


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

Here's a summary of the May 2025 housing market statistics.

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Buyers remain hesitant as inventory builds

Posted on Jun 03, 2025 in Vancouver Update



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

The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 2,228 in May 2025, an 18.5 per cent decrease from the 2,733 sales recorded in May 2024. This was 30.5 per cent below the 10-y...

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Homebuyers Remain Hesitant in April

Posted on May 14, 2025 in BC Real Estate Update



The British Columbia Real Estate Association (BCREA) reports that 6,453 residential unit sales were recorded in Multiple Listing Service® (MLS®) Systems in April 2025, down 14.6 per cent from April 2024. The average MLS® residential price in BC in April 2025 was down 6.1 per cent at $942,884 compared to $1,003,638 in April 2024.

The total sales doll...

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Housing Market Update for April 2025 (Video)

Posted on May 09, 2025 in Market Insights Videos


The slowdown in home sales registered on the Multiple Listing Service® (MLS®) in Metro Vancouver that began early this year continued in April, with sales down nearly 24 per cent year-over-year. 

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Spring market brings abundance of opportunity for buyers

Posted on May 02, 2025 in Vancouver Update



The slowdown in home sales registered on the Multiple Listing Service® (MLS®) in Metro Vancouver that began early this year continued in April, with sales down nearly 24 per cent year-over-year.

The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 2,163 in April 2025, a 23.6 per cent decrease from the 2,831 sa...

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Tariff Fears Sideline Buyers in March

Posted on Apr 14, 2025 in BC Real Estate Update



The British Columbia Real Estate Association (BCREA) reports that 5,917 residential unit sales were recorded in Multiple Listing Service® (MLS®) Systems in March 2025, down 9.6 per cent from March 2024. The average MLS® residential price in BC in March 2025 was down 4.8 per cent at $963,323 compared to $1,011,965 in March 2024.

The total sales dolla...

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Housing Market Update for March 2025 (Video)

Posted on Apr 10, 2025 in Market Insights Videos


A market made for buyers is missing buyers. Prices have eased from recent highs, mortgage rates are among the lowest we’ve seen in years, and there are more active listings on the MLS® than we’ve seen in almost a decade.

Sellers also appear ready to engage — but buyers aren’t showing up. With the current global economic uncertainty, only time will...

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A market made for buyers is missing buyers

Posted on Apr 02, 2025 in Vancouver Update



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 to 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 record...

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