Latest Market News, Updates & Statistics 

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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Tariff Uncertainty Slows February Housing Activity

Posted on Mar 11, 2025 in BC Real Estate Update



The British Columbia Real Estate Association (BCREA) reports that 4,947 residential unit sales were recorded in Multiple Listing Service® (MLS®) Systems in February 2025, down 9.7 per cent from February 2024. The average MLS® residential price in BC in February 2025 was down 2.4 per cent at $964,349 compared to $987,811 in February 2024.

The total s...

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Housing Market Update for February 2025 (Video)

Posted on Mar 08, 2025 in Market Insights Videos


After a 46 per cent year-over-year increase of new listings in January, the number of newly listed properties on the MLS® in Metro Vancouver rose more moderately in February helping keep market conditions in balanced territory.

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