Our local real estate board, Greater Vancouver REALTORS®, just released its residential market forecast report for Greater Vancouver, analyzing sales trends, inventory levels, and potential economic factors affecting the housing market in 2026! 2025 Market Performance Overview Home sales in 2025 totaled 23,800, down 10% from 2024 and nearly 25% below the 10-year average. This…
Last month stats are in for West Vancouver properties! January numbers show WV home listings are slightly up, sales are slightly down, and prices are trending lower compared to last year: Total Active Listings: 428 (+1.7% from Jan 2025) Sales: 16 (-5.9% from Jan 2025) Average Days on Market: 81 (slightly down from 83) Benchmark…
Last year’s market trends continued in January as home sales registered on the MLS® in Metro Vancouver were 28.5 per cent lower than last year, setting the year off to a quieter start. The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 1,107 in January 2026, a 28.7 per cent decrease…
Roughly one in five residential buildings in Canada has high radon levels — a figure that’s more than doubled since the late 2000s — while radon-induced lung cancer kills an estimated 3,200 people each year, federal figures show. This radioactive gas is released from the ground and flows into buildings across the country, but scientists…
In West Vancouver, there was 24 months of inventory (MOI), up from 15 months in November. The West Van market continues to be in buyer’s market territory based on MOI. The sales-to-new-listings ratio came in at 40%, which indicates a balanced market. In North Vancouver, the MOI increased, reaching 8.8 months of inventory compared to…
The Greater Vancouver real estate market of 2025 will be remembered as one defined by elevated inventory, subdued sales activity, and the destabilizing effects of a tariff dispute with United States. Canada’s largest trading partner. Throughout the year, the Bank of Canada reduced its policy rate at four separate intervals, bringing the benchmark interest rate…
Home sales registered in the Multiple Listing Service® (MLS®) in Metro Vancouver* finished the year down 10 per cent, marking the lowest annual sales total in over twenty years. The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 23,800 in 2025, a 10.4 per cent decrease from the 26,561 sales recorded…
B.C. Assessment’s Top 500 Valued Residential Properties list for 2026 shows the highest valued property is located at 3085 Point Grey Rd, Vancouver, with a taxable value of $73,457,000, categorized as a single-family residential property in the Kitsilano neighborhood. The second highest is 4707 Belmont Ave, Vancouver, valued at $69,878,000, also a single-family residential property…
Check out what 2026 Royal LePage’s recent Market Survey has to say, for example, ‘2025 forced us to recalibrate’, ‘adapting to the noise of Washington’, ‘2026 will be a transition year for Canada’s housing market’, and ‘softer conditions may persist for some time’.
Metro Vancouver home sales in November remained lower than this time last year extending the trend of lower than average sales observed this Fall. Taking a closer look Realtors registered over 1800 home sales on MLS® in November, -15% below from November 2024. On the supply side, Sellers listed nearly 3700 homes for sale, down -1.4%…
