Buyers haven’t seen conditions this favourable in years…

Greater Vancouver Real Estate Market Update Here

Metro Vancouver Real Estate Market Update     Here

Fraser Valley Real Estate Market Update              Here

Detached Monthly Variances                                      Here

Attached Monthly Variances                                       Here

Read the Full Report                                                       Here 

• March 2025 Home Sales:

  • 2,091 sales, a 13.4% decrease from March 2024.

  • 36.8% below the 10-year seasonal average.

• Active Listings:

  • 6,455 new listings in March 2025, a 29% increase from March 2024.

  • Total active listings reached 14,546, a 37.9% increase from March 2024.

  • 44.9% above the 10-year seasonal average.

• Sales-to-Active Listings Ratio:

  • 14.9% overall ratio, indicating a balanced market.

  • Detached homes: 10.3%.

  • Attached homes: 21.5%.

  • Apartments: 16.2%.

• Market Insights:

  • Balanced market conditions, with potential upward pressure in attached home segment due to low supply (2,200 active listings).

  • Prices have eased from recent highs.

• Home Price Index:

  • Benchmark price for all residential properties: $1,190,900.

  • 0.6% decrease from March 2024, 0.5% increase from February 2025.

• Sales by Property Type:

  • Detached home sales: 527 (24.1% decrease from March 2024).

  • Apartment sales: 1,084 (10.2% decrease from March 2024).

  • Attached home sales: 472 (4.6% decrease from March 2024).

• Price Changes by Property Type:

  • Detached home price: $2,034,400 (+0.8% from March 2024, +0.4% from February 2025).

  • Apartment price: $767,300 (-0.9% from March 2024, +1% from February 2025).

  • Attached home price: $1,113,100 (-0.8% from March 2024, +0.2% from February 2025).

If you or anyone you know is looking for information or assistance with real estate, feel free to reach out—I'm always available to chat about the market.