vancouver real estate Archives | Kristi Holz Personal Real Estate Corporation

June 2026 Market Update

June 8, 2026

Can you believe that we’re already into June? It’s mind blowing to me, as I have to double check my calendar every time I’m talking dates with clients.

Typically June is when we see continued inventory and sales while everyone tries to get their move in order before the summer slow down. In my view the market is slower than expected – I thought there would be more activity, specifically from Buyers who have been looking for months and are ready to make their move now, but the last few weeks haven’t been as active as expected.

I’m seeing the same trends that I’ve spoken about for the last few months: the properties that sell quickly are those that are priced low, that are well maintained detached houses or that are rare/exceptional properties. Otherwise I’m seeing nice units sit on the market waiting for their Buyer. The homes sitting on the market are some great properties but for some reason are not as compelling to Buyers unless they’re priced low. I’ve been getting a handful of Buyers through my open houses, but it seems there are a limited number of Buyers ready and prepared to offer. So I think Buyers are starting to come back, hearing that prices have dropped and it’s a Buyer-friendly market, but uncertain worldwide economics are leading a lot of potential Buyers to stay on the fence or take it slow and wait for a great deal.

And the Buyers that are ready to offer? They are waiting for that 10/10 property. If they don’t find it they will wait to see what hits the market next week because they know they can always loop back to the units sitting on the market. And most people think that Buyers would love the chance to negotiate in a market like this, but I find most Buyers would prefer to wait until something is priced well (a 10/10) before jumping on it.

Sellers are hesitant right now. I’m finding many Sellers, especially those with tenanted units or no external push to sell, are holding off to wait for a better market.

It’s no doubt frustrating, especially for people looking to do a purchase and sale where everything needs to line up in order to happen. But I’m optimistic because good properties sell and my open houses are overall positive, with many Buyers in the early stages of planning a big move and interest rates settling at reasonable rates.

Here’s a snippet from the Real Estate Board’s Monthly Update:

“While attached sales held relatively steady and detached sales edged up roughly one per cent in May, apartment sales were down about seven per cent year-over-year, which weighed down the overall sales total,” said Andrew Lis, GVR chief economist and vice-president data analytics. “Even then, apartment sales were not down uniformly across all regions – some of the larger areas such as North and East Vancouver saw increases relative to last year.”

The total number of properties currently listed for sale on the MLS® system in Metro Vancouver is 16,917, a one per cent decrease compared to May 2025 (17,094). This is 34.6 per cent above the 10-year seasonal average (12,567).

Across all detached, attached and apartment property types, the sales-to-active listings ratio for May 2026 is 13.1 per cent. By property type, the ratio is 10.7 per cent for detached homes, 15.4 per cent for attached, and 14.2 per cent for apartments.

“Price trends across all housing types were flat month-over-month, as a healthy level of inventory easily absorbed the relatively muted level of overall demand in the market,” Lis said. “Year-to-date, sales have come in just shy of our forecast to this point in the year. With demand tracking our forecast so closely, it’s reasonable to expect a calm and orderly summer market, as no obvious near-term catalysts loom over the horizon to move the market significantly in either direction.”

Onto the stats:

Vancouver West Real Estate Stats up to and including May 2026

HPI Price for Vancouver West
*Unfortunately HPI Price can’t be any more specific than Condo/Townhouse/House*
Average Sales Price for Vancouver West
Median Percentage of Original Price for Vancouver West
New Listings for Vancouver West
Total Inventory for Vancouver West
Total Sales for Vancouver West
Sales to Active Ratio for Vancouver West
Median Days on Market for Vancouver West

East Vancouver Real Estate Stats up to and including May 2026

HPI Price for East Vancouver
*Unfortunately HPI Price can’t be any more specific than Condo/Townhouse/House*
Average Sales Price for East Vancouver
Median Percentage of Original Price for East Vancouver
New Listings for East Vancouver
Total Inventory for East Vancouver
Total Sales for East Vancouver
Sales to Active Ratio for East Vancouver
Median Days on Market for East Vancouver

As always, if you have questions on a particular kind of property or neighbourhood, get in touch with me!

And if you’re thinking about selling your property, give me a call to chat about value, pricing strategy and the sale process. There are plenty of details to chat about – including timing, value, staging and your potential purchase – so don’t hesitate to contact me if you’d like to get started: kristi@realestatevancity.ca or 778-387-7371. The better you understand your current value and what Buyers may be looking for, the more successful your sale.

May 2026 Market Update

May 4, 2026

Happy May everyone! I hope you enjoyed the beautiful and hot weekend we had. When I wasn’t working I was outside gardening and enjoying the weather.

The real estate market is in an interesting place. We didn’t see the usual uptick in activity in April, that typically aligns with the Spring Market, and in general I would describe the market as being very hot and cold, totally dependant on price and the type of home. The news is fairly negative about the market but it’s a great market for Buyers, with plenty of deals out there and great properties that would have been out of reach financially a few years ago. We are still seeing some multiple offer scenarios and quick sales for great properties or properties priced low, but that is a rare occurrence and typically only for nice detached houses and ideal townhouses. Overall, inventory is up compared to last year while the number of sales is in the same range, so there is more opportunity for Buyers this year. Prices have also come down slightly compared to last year – that’s what I mean when I say it’s a great market, lower prices and lots of options.

Buyer’s are active but still very discerning – they are waiting for Sellers to list at reasonable price and focus on properties that are in good condition with obvious value, whether that’s in a great price, great building or great neighbourhood. Buyer’s aren’t willing to compromise to get into the market.

We’re seeing Seller’s finally accept the market as it stands, with reasonable pricing or price drops. As I always say, if you see a property you like but feel it’s over priced, it’s worthwhile to try an offer! The list price doesn’t always indicate how motivated the Seller may be.

Here’s a snippet from the Real Estate Board’s Monthly Update:

The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 2,110 in April 2026, a 2.5 per cent decrease from the 2,163 sales recorded in April 2025. This was 22.9 per cent below the 10-year seasonal average (2,735).

“Last month we noted that a divergence was emerging between sales trends in the detached and multi-family segments, which continued in April,” said Andrew Lis, GVR chief economist and vice-president data analytics. “Sales of detached homes have been gaining year-over-year, while sales in the multi-family segment have declined, and this pattern is consistent across most areas. The fact this pattern is so broad-based reduces the likelihood what we’re seeing is just a blip in the data since the momentum isn’t isolated to small pockets of the market.”

Sales of detached homes in April 2026 reached 659, a 14 per cent increase from the 578 detached sales recorded in April 2025. The benchmark price for a detached home is $1,840,700. This represents an 8.3 per cent decrease from April 2025 and a 0.8 per cent decrease compared to March 2026.

Sales of apartment homes reached 1,009 in April 2026, a 10.7 per cent decrease compared to the 1,130 sales in April 2025. The benchmark price of an apartment home is $703,000. This represents a 7.9 per cent decrease from April 2025 and a 0.5 per cent decrease compared to March 2026.

Attached home sales in April 2026 totalled 433, a two per cent decrease compared to the 442 sales in April 2025. The benchmark price of a townhouse is $1,043,400. This represents a 5.1 per cent decrease from April 2025 and a 0.4 per cent decrease compared to March 2026.

Onto the stats:

Vancouver West Real Estate Stats up to and including April 2026

HPI Price for Vancouver West
*Unfortunately HPI Price can’t be any more specific than Condo/Townhouse/House*
Average Sales Price for Vancouver West
Median Percentage of Original Price for Vancouver West
New Listings for Vancouver West
Total Inventory for Vancouver West
Total Sales for Vancouver West
Sales to Active Ratio for Vancouver West
Median Days on Market for Vancouver West

East Vancouver Real Estate Stats up to and including April 2026

HPI Price for East Vancouver
*Unfortunately HPI Price can’t be any more specific than Condo/Townhouse/House*
Average Sales Price for East Vancouver
Median Percentage of Original Price for East Vancouver
New Listings for East Vancouver
Total Inventory for East Vancouver
Total Sales for East Vancouver
Sales to Active Ratio for East Vancouver
Median Days on Market for East Vancouver

As always, if you have questions on a particular kind of property or neighbourhood, get in touch with me!

And if you’re thinking about selling your property, give me a call to chat about value, pricing strategy and the sale process. There are plenty of details to chat about – including timing, value, staging and your potential purchase – so don’t hesitate to contact me if you’d like to get started: kristi@realestatevancity.ca or 778-387-7371. The better you understand your current value and what Buyers may be looking for, the more successful your sale.

April 2026 Market Update

April 9, 2026

We’re into April and past March Break and Easter long weekends, which means it’s full steam ahead between now and the next holiday weekend (May Long). Based on the conversations I’ve been having with clients and folks at open houses – there are a lot of people who have been thinking about moving, starting to casually look at properties and getting their financials in order, and so I imagine a lot of those people will be making their purchase happen between now and July.

The biggest complaint I’m hearing from Buyers is that good inventory is low (for townhouses and houses; not downtown condos). Fewer Sellers have been stepping into the market compared to last year which is keeping inventory flat, which is frustrating to Buyers who want to make a move and can funnel Buyers to the same good properties leading to multiple offers and quick sales. In general I’m still seeing a lot of quick sales, particularly when a unit is priced right, so Buyers: don’t be afraid to submit a low-ish offer if you think something is overpriced.

Overall I think the Vancouver Market (again, not including downtown condos) will remain steadily busy through Spring. I have some great listings coming up so I know there will be a lot of good opportunities for Buyers.

If you’re a Seller: put the effort in to make sure the property shows well because it’s appreciated by Buyers in saturated markets (and a way to set yourself apart) and it leads to even more excitement in competitive markets (Buyers are more likely to compete in multiple offers on great properties). In general you’re still better off pricing at market value if you’re keen for a quick sale.

If you’re a Buyer: learn all about the market you’re interested in, ensure you’re pre-approved and stay on your toes if you’re looking for a good deal or a good property – it’s Vancouver so the good ones go quick, regardless of market dynamics. And try an offer if you feel something is priced too high! A lot of Sellers are expecting negotiation so they are keeping their price artificially high in anticipation of a lower offer.

Here’s a snippet from the Real Estate Board’s Monthly Update:

The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 2,032 in March 2026, a 2.8 per cent decrease from the 2,091 sales recorded in March 2025. This was 31.8 per cent below the 10-year seasonal average (2,981).

“Year-to-date, sales are tracking our forecast for the year closely, and the weakness in demand we continue to observe at the aggregate level is unsurprising,” said Andrew Lis, GVR chief economist and vice-president data analytics. “What’s interesting is that the aggregate total masks an emerging divergence among market segments. While the multifamily segment continues to see slower sales, the detached segment may be awakening with sales up, and new listings down from last year.”

Across all detached, attached and apartment property types, the sales-to-active listings ratio for March 2026 is 14.2 per cent. By property type, the ratio is 11 per cent for detached homes, 17.2 per cent for attached, and 15.7 per cent for apartments. Analysis of the historical data suggests downward pressure on home prices occurs when the ratio dips below 12 per cent for a sustained period, while home prices often experience upward pressure when it surpasses 20 per cent over several months.

The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $1,104,300. This represents a 6.8 per cent decrease over March 2025 and a 0.4 per cent increase compared to February 2026.

Onto the stats:

Vancouver West Real Estate Stats up to and including March 2026

HPI Price for Vancouver West
*Unfortunately HPI Price can’t be any more specific than Condo/Townhouse/House*
Average Sales Price for Vancouver West
Median Percentage of Original Price for Vancouver West
New Listings for Vancouver West
Total Inventory for Vancouver West
Total Sales for Vancouver West
Sales to Active Ratio for Vancouver West
Median Days on Market for Vancouver West

East Vancouver Real Estate Stats up to and including March 2026

HPI Price for East Vancouver
*Unfortunately HPI Price can’t be any more specific than Condo/Townhouse/House*
Average Sales Price for East Vancouver
Median Percentage of Original Price for East Vancouver
New Listings for East Vancouver
Total Inventory for East Vancouver
Total Sales for East Vancouver
Sales to Active Ratio for East Vancouver
Median Days on Market for East Vancouver

As always, if you have questions on a particular kind of property or neighbourhood, get in touch with me!

And if you’re thinking about selling your property, give me a call to chat about value, pricing strategy and the sale process. There are plenty of details to chat about – including timing, value, staging and your potential purchase – so don’t hesitate to contact me if you’d like to get started: kristi@realestatevancity.ca or 778-387-7371. The better you understand your current value and what Buyers may be looking for, the more successful your sale.

March 2026 Market Update

March 5, 2026

So February was an interesting month. Every one of my Buyers who offered on a property ended up in a multiple offer situation – a few of the multiple offer situations were quite competitive too, and the properties sold for surprising prices. These multiple offer situations were on townhouses and houses in Vancouver and North Vancouver, which isn’t a surprise as these markets have the keenest Buyers, moving to support their growing family.

I would still generally describe Buyers as active but not desperate, especially for the high rise condo market which is the slowest market. Buyers are engaging with sharp prices, high value properties and move in ready units. Buyers are being more particular about building quality and layouts as well and I find the units with the prime locations tend to see a ton of interest. Given that sales and multiple offers situations are increasing, we’re going to see more Buyers on their toes and ready to purchase. We’re also going to see more Sellers put their properties (specifically townhouses and houses) on the market given the news of a slightly busier market. Overall, I’m expecting the Spring Market to see a lot of activity – I won’t call it a busy market as I think it’s still very product and location specific, but if Vancouver is seeing signs of improvement then than can slowly spill over into other markets.

If you’re a Seller: put the effort in to make sure the property shows well because it’s appreciated by Buyers in saturated markets (and a way to set yourself apart) and it leads to even more excitement in competitive markets (Buyers are more likely to compete in multiple offers on great properties). In general you’re still better off pricing at market value if you’re keen for a quick sale.

If you’re a Buyer: learn all about the market you’re interested in, ensure you’re pre-approved and stay on your toes if you’re looking for a good deal or a good property – it’s Vancouver so the good ones go quick, regardless of market dynamics.

Here’s a snippet from the Real Estate Board’s Monthly Update:

The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 1,648 in February 2026, a 9.8 per cent decrease from the 1,827 sales recorded in February 2025. This was 28.7 per cent below the 10-year seasonal average (2,310).

“With each passing data point, the pace of sales running well-below long-term averages are no longer a surprise – it’s become the new norm,” said Andrew Lis, GVR chief economist and vice-president data analytics. “A surprising finding this February, however, is that home sellers appear less eager to list their homes relative to last year with new listings down about seven percent, mostly driven by fewer listings in the apartment segment.”

Across all detached, attached and apartment property types, the sales-to-active listings ratio for February 2026 is 12.6 per cent. By property type, the ratio is nine per cent for detached homes, 16.6 per cent for attached, and 14.1 per cent for apartments.

Analysis of the historical data suggests downward pressure on home prices occurs when the ratio dips below 12 per cent for a sustained period, while home prices often experience upward pressure when it surpasses 20 per cent over several months.

“With fewer sellers coming to market with their properties than last year, a pick-up in demand heading into the spring could result in a stagnation of standing inventory, which may support prices around current levels,” Lis said. “With sales slightly outpacing our 2026 forecast year-to-date, the spring market will be the litmus test of whether we continue along this new normal, or if we see any significant surprises.”

Onto the stats:

Vancouver West Real Estate Stats up to and including February 2026

HPI Price for Vancouver West
*Unfortunately HPI Price can’t be any more specific than Condo/Townhouse/House*
Average Sales Price for Vancouver West
Median Percentage of Original Price for Vancouver West
New Listings for Vancouver West
Total Inventory for Vancouver West
Total Sales for Vancouver West
Sales to Active Ratio for Vancouver West
Median Days on Market for Vancouver West

East Vancouver Real Estate Stats up to and including February 2026

HPI Price for East Vancouver
*Unfortunately HPI Price can’t be any more specific than Condo/Townhouse/House*
Average Sales Price for East Vancouver
Median Percentage of Original Price for East Vancouver
New Listings for East Vancouver
Total Inventory for East Vancouver
Total Sales for East Vancouver
Sales to Active Ratio for East Vancouver
Median Days on Market for East Vancouver

As always, if you have questions on a particular kind of property or neighbourhood, get in touch with me!

And if you’re thinking about selling your property, give me a call to chat about value, pricing strategy and the sale process. There are plenty of details to chat about – including timing, value, staging and your potential purchase – so don’t hesitate to contact me if you’d like to get started: kristi@realestatevancity.ca or 778-387-7371. The better you understand your current value and what Buyers may be looking for, the more successful your sale.

February 2026 Market Update

February 4, 2026

So the January numbers were out and the market has been slow. On the ground I’m seeing good activity at Open Houses for detached houses, townhouses and anything great or priced low but high rise condos have still generally been slow.

I would describe Buyers as active, but disciplined – they aren’t going to over pay and they aren’t going to rush into something that doesn’t feel right. Buyers are engaging with sharp prices, high value properties and move in ready units. Buyers are being more particular about building quality and layouts. So Seller’s take note: it’s definitely a market where neighbourhood, type of property, price and presentation matters. If you’re looking to sell and the unit doesn’t show well, it’s worthwhile doing what you need to do to clean up: whether that’s re-painting, staging, fixing repairs, landscaping or whatever else is needed to ensure you make the unit as appealing as possible to Buyers.

I’m not expecting this year to rebound, but I do expect to see Buyers make a move this Spring. As I mentioned above it seems that Buyers are starting to re-engage with the market now that sale figures indicate that prices are down. We may also see slightly lower inventory than expected because a lot of Seller’s may hold off on listing while the market is down (I’ve personally talked to a few potential Sellers this week that said they’d prefer to wait and see if the market gets a little better).

I’ve also been involved in a handful of multiple offer situations already this year. These properties aren’t selling for above market value, but they are selling quickly with some competition with regards to subject clauses (or a lack thereof).

If you’re a Buyer: learn all about the market you’re interested in, ensure you’re pre-approved and stay on your toes if you’re looking for a good deal or a good property – it’s Vancouver so the good ones go quick, regardless of market dynamics.

Here’s a snippet from the Real Estate Board’s Monthly Update:

“Our recent 2026 forecast suggests this year is likely to resemble 2025 on many fronts, and we expect sales to remain tepid. When paired with sellers remaining eager to list, inventory will likely remain elevated relative to historical averages and, as a result, we expect prices to finish the year relatively unchanged,” Lis said. “As consumers adjust to the ongoing backdrop of political and economic uncertainty, we expect a degree of pent-up demand to re-enter the market at some point. Whether it will happen in 2026 remains an open question, and we’ll be watching the market closely for signs of improvement.”

The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $1,101,900. This represents a 5.7 per cent decrease over January 2025 and a 1.2 per cent decrease compared to December 2025.

Sales of detached homes in January 2026 reached 300, a 21.1 per cent decrease from the 380 detached sales recorded in January 2025. The benchmark price for a detached home is $1,850,800. This represents a 7.3 per cent decrease from January 2025 and a 1.5 per cent decrease compared to December 2025.

Sales of apartment homes reached 554 in January 2026, a 34.5 per cent decrease compared to the 846 sales in January 2025. The benchmark price of an apartment home is $704,600. This represents a 5.9 per cent decrease from January 2025 and a 0.8 per cent decrease compared to December 2025.

Attached home sales in January 2026 totalled 246, a 23.4 per cent decrease compared to the 321 sales in January 2025. The benchmark price of a townhouse is $1,043,400. This represents a 5.4 per cent decrease from January 2025 and a 1.2 per cent decrease compared to December 2025.

Onto the stats:

Vancouver West Real Estate Stats up to and including January 2026

HPI Price for Vancouver West
*Unfortunately HPI Price can’t be any more specific than Condo/Townhouse/House*
Average Sales Price for Vancouver West
Median Percentage of Original Price for Vancouver West
New Listings for Vancouver West
Total Inventory for Vancouver West
Total Sales for Vancouver West
Sales to Active Ratio for Vancouver West
Median Days on Market for Vancouver West

East Vancouver Real Estate Stats up to and including January 2026

HPI Price for East Vancouver
*Unfortunately HPI Price can’t be any more specific than Condo/Townhouse/House*
Average Sales Price for East Vancouver
Median Percentage of Original Price for East Vancouver
New Listings for East Vancouver
Total Inventory for East Vancouver
Total Sales for East Vancouver
Sales to Active Ratio for East Vancouver
Median Days on Market for East Vancouver

As always, if you have questions on a particular kind of property or neighbourhood, get in touch with me!

And if you’re thinking about selling your property, give me a call to chat about value, pricing strategy and the sale process. There are plenty of details to chat about – including timing, value, staging and your potential purchase – so don’t hesitate to contact me if you’d like to get started: kristi@realestatevancity.ca or 778-387-7371. The better you understand your current value and what Buyers may be looking for, the more successful your sale.

January 2026 Market Update

January 13, 2026

Happy New Year! I hope you had a wonderful holiday season with your friends and family, and had the chance to relax and recoup for the new year. As expected December was quite slow with a decrease in active inventory (both fewer new listings and a number of cancelled/terminated listings) but also a decrease in the number of sales. This caps off what was historically a slow year for real estate.

In general, Seller’s had to be quite flexible as Buyers had the upper hand. Though when it comes to Vancouver, especially well maintained entry level houses and family sized townhomes, there was still quite a bit of competition and quick sales, so Buyers had to move quickly in order to secure a good listing. As usual, pricing strategies are varied with some Sellers listing way to high in anticipation of Buyer’s looking to negotiate, but that’s a strategy that doesn’t see much success as most Buyers wait until a unit it priced appropriately before making their move.

We’ve seen the market start to wake up, though it’s still mid January so we have a few weeks before it will feel like we’re in the thick of the Spring market.

I have a few new listings hitting the market soon so keep you eyes out and don’t hesitate to reach out if you have any questions about homes or the market in general. Interest Rates have come down from their highs and are likely settling in this general range for the next little while so I don’t expect any major changes to rates, unless something unexpected happens worldwide.

Here’s a snippet from the Real Estate Board’s Monthly Update:

The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $1,114,800. This represents a 4.5 per cent decrease over December 2024 and a 0.8 per cent decrease compared to November 2025.

Across all detached, attached and apartment property types, the sales-to-active listings ratio for December 2025 is 12.7 per cent. By property type, the ratio is 9.3 per cent for detached homes, 14.6 per cent for attached, and 15.1 per cent for apartments.

Analysis of the historical data suggests downward pressure on home prices occurs when the ratio dips below 12 per cent for a sustained period, while home prices often experience upward pressure when it surpasses 20 per cent over several months.

Sales of detached homes in December 2025 reached 431, a 12.8 per cent decrease from the 494 detached sales recorded in December 2024. The benchmark price for a detached home is $1,879,800. This represents a 5.3 per cent decrease from December 2024 and a 1.1 per cent decrease compared to November 2025.

Sales of apartment homes reached 791 in December 2025, a 11.2 per cent decrease compared to the 891 sales in December 2024. The benchmark price of an apartment home is $710,000. This represents a 5.3 per cent decrease from December 2024 and a 0.6 per cent decrease compared to November 2025.

Attached home sales in December 2025 totalled 303, an 18.3 per cent decrease compared to the 371 sales in December 2024. The benchmark price of a townhouse is $1,056,600. This represents a five per cent decrease from December 2024 and a 0.8 per cent decrease compared to November 2025.

“With sales down and inventory remaining plentiful, prices eased across all property types since the start of 2025. Sales and prices weren’t the only metrics that came down, borrowing costs fell nearly one full percentage point,” said Lis. “With lower prices, lower borrowing costs, and plenty of inventory to choose from, homebuyers in 2026 are starting the year with favorable conditions. Whether these conditions translate into a market with stronger demand will be the million-dollar question – and we’ll be monitoring this story closely as it unfolds.”

Onto the stats:

Vancouver West Real Estate Stats up to and including December 2025

HPI Price for Vancouver West
*Unfortunately HPI Price can’t be any more specific than Condo/Townhouse/House*
Average Sales Price for Vancouver West
Median Percentage of Original Price for Vancouver West
New Listings for Vancouver West
Total Inventory for Vancouver West
Total Sales for Vancouver West
Sales to Active Ratio for Vancouver West
Median Days on Market for Vancouver West

East Vancouver Real Estate Stats up to and including December 2025

HPI Price for East Vancouver
*Unfortunately HPI Price can’t be any more specific than Condo/Townhouse/House*
Average Sales Price for East Vancouver
Median Percentage of Original Price for East Vancouver
New Listings for East Vancouver
Total Inventory for East Vancouver
Total Sales for East Vancouver
Sales to Active Ratio for East Vancouver
Median Days on Market for East Vancouver

As always, if you have questions on a particular kind of property or neighbourhood, get in touch with me!

And if you’re thinking about selling your property, give me a call to chat about value, pricing strategy and the sale process. There are plenty of details to chat about – including timing, value, staging and your potential purchase – so don’t hesitate to contact me if you’d like to get started: kristi@realestatevancity.ca or 778-387-7371. The better you understand your current value and what Buyers may be looking for, the more successful your sale.

December 2025 Market Update

December 3, 2025

November felt like the take of two markets. The beginning of the month continued the activity from October, but the end of the month seems to be a little tougher. I’m seeing a couple different trends:

Fewer new listings: this is expected given the holiday season and slow market. Many sellers are now waiting until the New Year to list and will be taking their property off the market soon (if it hasn’t yet sold) to give themselves a break over the holidays. I always say, if a property is for sale in December, especially closer to Christmas, the Seller is probably pretty keen to sell.
Collapsing offers: I’ve experienced this within my own business but have also talked to a number of other agents who have been experiencing this as well. Buyers are offering on properties but not going through with the purchase due to financing or changed minds. I think this has to do with a bit of a weird market but also Buyers keen to buy something and reaching for properties that aren’t perfect given the declining inventory.

The market will continue to slow down as everyone enjoys the holidays. Expect properties that were listed this fall to be re-listed in early January, with new listings starting to hit the market in mid-January, though I anticipate that it will be a slow build to a busy Spring market. Enjoy the holiday season, and give me a call if you have any questions!

Here’s a snippet from the Real Estate Board’s Monthly Update:

There were 3,674 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in November 2025. This represents a 1.4 per cent decrease compared to the 3,725 properties listed in November 2024. This was 3.1 per cent above the 10-year seasonal average (3,562).

Across all detached, attached and apartment property types, the sales-to-active listings ratio for November 2025 is 12.6 per cent. By property type, the ratio is 9.7 per cent for detached homes, 13.6 per cent for attached, and 14.8 per cent for apartments.

Analysis of the historical data suggests downward pressure on home prices occurs when the ratio dips below 12 per cent for a sustained period, while home prices often experience upward pressure when it surpasses 20 per cent over several months.

The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $1,123,700. This represents a 3.9 per cent decrease over November 2024 and a 0.3 per cent decrease compared to October 2025.

Onto the stats:

Vancouver West Real Estate Stats up to and including November 2025

HPI Price for Vancouver West
*Unfortunately HPI Price can’t be any more specific than Condo/Townhouse/House*
Average Sales Price for Vancouver West
Median Percentage of Original Price for Vancouver West
New Listings for Vancouver West
Total Inventory for Vancouver West
Total Sales for Vancouver West
Sales to Active Ratio for Vancouver West
Median Days on Market for Vancouver West

East Vancouver Real Estate Stats up to and including November 2025

HPI Price for East Vancouver
*Unfortunately HPI Price can’t be any more specific than Condo/Townhouse/House*
Average Sales Price for East Vancouver
Median Percentage of Original Price for East Vancouver
New Listings for East Vancouver
Total Inventory for East Vancouver
Total Sales for East Vancouver
Sales to Active Ratio for East Vancouver
Median Days on Market for East Vancouver

As always, if you have questions on a particular kind of property or neighbourhood, get in touch with me!

And if you’re thinking about selling your property, give me a call to chat about value, pricing strategy and the sale process. There are plenty of details to chat about – including timing, value, staging and your potential purchase – so don’t hesitate to contact me if you’d like to get started: kristi@realestatevancity.ca or 778-387-7371. The better you understand your current value and what Buyers may be looking for, the more successful your sale.

November 2025 Market Update

November 14, 2025

So, I don’t know about you but October was busy! Lots of activity and lots of sales, for myself and the market as a whole. There was a feeling that Buyers realized in October that inventory was going to be as good as it will get so now was the time to make a move, and they did – you’ll see an uptick in sales in each category below. Prices have remained fairly steady over the last few months. One thing the stats don’t indicate is the number of properties, specifically houses and townhouses, that are receiving multiple offers. This generally only happens when it’s priced right and the multiple offers typically aren’t competitive in that Buyers still have subjects and the price remains within a reasonable value, but it does show that Buyers are ready and waiting for great properties.

As you likely know, the interest rate dropped 25 points in October, which means the policy rate is sitting at 2.25%. There isn’t expected to be another rate change for the rest of the year and people are generally thinking that rates will remain in this range for the next little while. I can renew my mortgage anytime now, and will be chatting with my mortgage broker about my options.

We’re now 41 days until Christmas, we’ll continue to see new listings hit the market, but at a much slower clip. Generally I say that if someone is listed for sale in December, they are probably keen to sell! So try your offer, you never know what might happen.

Enjoy the holiday season, and give me a call if you have any questions!

Here’s a snippet from the Real Estate Board’s Monthly Update:

Home sales registered on the MLS® in Metro Vancouver were 14 per cent lower than last October, as the trend of slower sales and building inventory creates favourable conditions for those looking to buy in the fall market.

Across all detached, attached and apartment property types, the sales-to-active listings ratio for October 2025 is 14.2 per cent. By property type, the ratio is 11.3 per cent for detached homes, 17.6 per cent for attached, and 15.5 per cent for apartments.

Analysis of the historical data suggests downward pressure on home prices occurs when the ratio dips below 12 per cent for a sustained period, while home prices often experience upward pressure when it surpasses 20 per cent over several months.

Onto the stats:

Vancouver West Real Estate Stats up to and including October 2025

HPI Price for Vancouver West
*Unfortunately HPI Price can’t be any more specific than Condo/Townhouse/House*
Average Sales Price for Vancouver West
Median Percentage of Original Price for Vancouver West
New Listings for Vancouver West
Total Inventory for Vancouver West
Total Sales for Vancouver West
Sales to Active Ratio for Vancouver West
Median Days on Market for Vancouver West

East Vancouver Real Estate Stats up to and including October 2025

HPI Price for East Vancouver
*Unfortunately HPI Price can’t be any more specific than Condo/Townhouse/House*
Average Sales Price for East Vancouver
Median Percentage of Original Price for East Vancouver
New Listings for East Vancouver
Total Inventory for East Vancouver
Total Sales for East Vancouver
Sales to Active Ratio for East Vancouver
Median Days on Market for East Vancouver

As always, if you have questions on a particular kind of property or neighbourhood, get in touch with me!

And if you’re thinking about selling your property, give me a call to chat about value, pricing strategy and the sale process. There are plenty of details to chat about – including timing, value, staging and your potential purchase – so don’t hesitate to contact me if you’d like to get started: kristi@realestatevancity.ca or 778-387-7371. The better you understand your current value and what Buyers may be looking for, the more successful your sale.

October 2025 Market Update

October 10, 2025

We’re into October and it’s the week before the long weekend so it has been a little slow, but there should be a nice influx of listings to hit the market next week. Overall September wasn’t as busy as I hoped – it didn’t have the typical injection of energy that we usually see at the beginning of the Fall Market – but the market is still chugging along, and the good properties that are priced reasonably are still selling, sometimes in multiple offers (though the multiple offer situations aren’t overly competitive).

In terms of interest rates, the Bank of Canada dropped rates by 25pts this month, with another drop expected this Fall. Welcome news for everyone! I’ll be renewing my mortgage soon and expect my perfect opportunity to lock in will happen later this Fall or early 2026.

I have a modern Cedar Cottage townhouse hitting the market this week – stay tuned for the photos. I also have a handful of Buyers who are still waiting for their perfect home to come up for sale in order to move. I know the number indicate that listings are high but it doesn’t feel that way for good duplexes or houses. A few of my Buyers have found some nice properties recently, and at good deals, all because they were offering.

Here’s a snippet from the Real Estate Board’s Monthly Update:

Another Bank of Canada rate cut and easing prices helped home sales registered on the MLS® in Metro Vancouver* edge higher relative to September last year.  The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 1,875 in September 2025, a 1.2 per cent increase from the 1,852 sales recorded in September 2024. This was 20.1 per cent below the 10-year seasonal average (2,348).  “The past few years have been quite challenging for the market, beginning with 2022’s rapid increase in interest rates, major political and policy shifts in subsequent years, and recent trade tensions with the USA weighing on the market,” Lis said. “With the acute impacts of these events now fading, we expect market activity to continue stabilizing to end the year, barring any unforeseeable major disruptions.” 

Sales of detached homes in September 2025 reached 552, a 7 per cent increase from the 516 detached sales recorded in September 2024. The benchmark price for a detached home is $1,933,100. This represents a 4.4 per cent decrease from September 2024 and a 0.9 per cent decrease compared to August 2025. 

Sales of apartment homes reached 954 in September 2025, a 1.5 per cent increase compared to the 940 sales in September 2024. The benchmark price of an apartment home is $728,800. This represents a 4.4 per cent decrease from September 2024 and a 0.8 per cent decrease compared to August 2025. 

Attached home sales in September 2025 totalled 356, a 5.8 per cent decrease compared to the 378 sales in September 2024. The benchmark price of a townhouse is $1,069,800. This represents a 2.7 per cent decrease from September 2024 and a 0.9 per cent decrease compared to August 2025.

Onto the stats:

Vancouver West Real Estate Stats up to and including September 2025

HPI Price for Vancouver West
*Unfortunately HPI Price can’t be any more specific than Condo/Townhouse/House*
Average Sales Price for Vancouver West
Median Percentage of Original Price for Vancouver West
New Listings for Vancouver West
Total Inventory for Vancouver West
Total Sales for Vancouver West
Sales to Active Ratio for Vancouver West
Median Days on Market for Vancouver West

East Vancouver Real Estate Stats up to and including September 2025

HPI Price for East Vancouver
*Unfortunately HPI Price can’t be any more specific than Condo/Townhouse/House*
Average Sales Price for East Vancouver
Median Percentage of Original Price for East Vancouver
New Listings for East Vancouver
Total Inventory for East Vancouver
Total Sales for East Vancouver
Sales to Active Ratio for East Vancouver
Median Days on Market for East Vancouver

As always, if you have questions on a particular kind of property or neighbourhood, get in touch with me!

And if you’re thinking about selling your property, give me a call to chat about value, pricing strategy and the sale process. There are plenty of details to chat about – including timing, value, staging and your potential purchase – so don’t hesitate to contact me if you’d like to get started: kristi@realestatevancity.ca or 778-387-7371. The better you understand your current value and what Buyers may be looking for, the more successful your sale.

September 2025 Market Update

September 9, 2025

Happy “Fall Market” everyone! We are into the 2nd week of September and the market is slowly but surely picking up speed: we’re seeing more (good) new listings, quick sales and increased activity at open houses. I wouldn’t yet call it a busy market but buyers seem to be back with some positive energy. Good listings will sell quickly (as usual) and in multiple offers, so if you’re looking for something unique, stay on your toes because the unique ones are listed and sold quickly. if you’re looking for a deal on a condo, there are tons of those too, you just have to be out looking and more importantly, submitting offers until you find the motivated Seller.

In terms of interest rates, there is another announcement next week along with a few other announcements this fall. There is a high likelihood that we’ll see one or two 25pt drops this Fall which will be welcome news for everyone, especially given that the last few announcements indicated no change.

Expect listing inventory to increase every week from now until November, so if you’re looking to purchase or sell this Fall, get into gear – it’s not a long market before everything slows down for Christmas.

Here’s a snippet from the Real Estate Board’s Monthly Update:

Easing prices brought more Metro Vancouver homebuyers off the sidelines in August, with home sales on the MLS® up nearly three per cent from August last year. The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 1,959 in August 2025, a 2.9 per cent increase from the 1,904 sales recorded in August 2024. “The August sales figures add further confirmation that sales activity across Metro Vancouver appears to be recovering, albeit somewhat slowly, from the challenging first half of the year,” said Andrew Lis, GVR’s director of economics and data analytics. “Sales in the detached and attached segments are up over ten per cent from last August, which suggests buyers shopping in more expensive price points are re-entering the market in a meaningful way.”

Across all detached, attached and apartment property types, the sales-to-active listings ratio for August 2025 is 12.4 per cent. By property type, the ratio is 9.3 per cent for detached homes, 15.8 per cent for attached, and 14 per cent for apartments. “As sellers’ and buyers’ expectations have become more aligned, transaction volume has picked up. Newly listed properties remain in line with their ten-year seasonal average however, which when paired with increasing sales activity, is likely to diminish the available inventory. This also means the window of plentiful opportunity for buyers may soon begin closing if these trends continue.”

Onto the stats:

Vancouver West Real Estate Stats up to and including August 2025

HPI Price for Vancouver West
*Unfortunately HPI Price can’t be any more specific than Condo/Townhouse/House*
Average Sales Price for Vancouver West
Median Percentage of Original Price for Vancouver West
New Listings for Vancouver West
Total Inventory for Vancouver West
Total Sales for Vancouver West
Sales to Active Ratio for Vancouver West
Median Days on Market for Vancouver West

East Vancouver Real Estate Stats up to and including August 2025

HPI Price for East Vancouver
*Unfortunately HPI Price can’t be any more specific than Condo/Townhouse/House*
Average Sales Price for East Vancouver
Median Percentage of Original Price for East Vancouver
New Listings for East Vancouver
Total Inventory for East Vancouver
Total Sales for East Vancouver
Sales to Active Ratio for East Vancouver
Median Days on Market for East Vancouver

As always, if you have questions on a particular kind of property or neighbourhood, get in touch with me!

And if you’re thinking about selling your property, give me a call to chat about value, pricing strategy and the sale process. There are plenty of details to chat about – including timing, value, staging and your potential purchase – so don’t hesitate to contact me if you’d like to get started: kristi@realestatevancity.ca or 778-387-7371. The better you understand your current value and what Buyers may be looking for, the more successful your sale.