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๐Ÿก Metro Vancouver Market Update โ€“ October 2025 ๐Ÿ“Š

Metro Vancouver home sales this October were 14% lower than last year, staying below the 10-year seasonal average. With slower sales, more homes on the market, and the Bank of Canada cutting rates for the fourth time this year on October 29, buyers now have some of the best conditions weโ€™ve seen all year, and many are watching closely to see how confidence will respond.


If you're thinking about buying or moving up, this market is in your favour, more supply, softer prices, and lower rates mean now is a great time to move!

https://youtu.be/2VNA6HU4x6Q
๐Ÿ’ฌ Questions about the market? Letโ€™s chat!
๐Ÿ“ฒ Watch the full video update and subscribe for ongoing insights.

#RealEstateMarket #MetroVancouver #HousingTrends #FallRealEstate #HomeBuying #HomeSelling #RealEstateCanada #BuyersMarket #Upsizing

๐Ÿ‘จโ€๐Ÿ’ผ Victor Song PREC*
๐Ÿ“ Royal LePage Sterling Realty
๐Ÿ“ž 604-779-8408
๐Ÿ“ง info@victorsong.com
๐ŸŒ www.victorsong.com

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๐Ÿก Metro Vancouver Market Update โ€“ September 2025 ๐Ÿ“Š

With another Bank of Canada rate cut now behind usโ€”and markets expecting at least one more before year-endโ€”homebuyers in Metro Vancouver have reason to feel optimistic about the fall market. 

๐Ÿ’ฌ Questions about the market? Letโ€™s chat! DM me.
๐Ÿ“ฒ Watch the full video update and subscribe for ongoing insights!

https://youtu.be/rDObro6oOBY

#RealEstateMarket #MetroVancouver #MortgageRates #FallRealEstate #HomeBuying #HomeSelling #RealEstateCanada #Upsizing #HousingTrends

๐Ÿ‘จโ€๐Ÿ’ผ Victor Song PREC*
๐Ÿ“ Royal LePage Sterling Realty
๐Ÿ“ž 604-779-8408
๐Ÿ“ง info@victorsong.com
๐ŸŒ www.victorsong.com

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๐Ÿก Metro Vancouver Market Update โ€“ June 2025 ๐Ÿ“‰๐Ÿ“ˆ

The market is stabilizing! With increased home inventory and mortgage rates down about 2% since last summer, buyers have more choices and better financing options. Sellers, pricing competitively is key to standing out, and upsizers now have great opportunities to upgrade.

Thinking about your next move? The right strategy could put your dream home within reach sooner than you think!

๐Ÿ’ฌ Questions about timing the market? Let's chat! DM me.

๐Ÿ“ฒ Watch the full video update and subscribe for ongoing insights!

https://youtu.be/4EaxTy54ACI

#RealEstateMarket #MetroVancouver #MortgageRates #SummerRealEstate #HomeBuying #HomeSelling #RealEstateCanada #Upsizing #HousingTrends

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MAY 2025 MARKET UPDATE

๐Ÿก Metro Vancouver Market Update โ€“ May 2025 ๐Ÿ“‰๐Ÿ“ˆ
Inventory just hit a 10-year high while sales are still laggingโ€”down nearly 30.5% below the seasonal average. Prices are softening and the gap between property types is narrowing, giving buyers and upsizers more power to negotiate.

Could 2025 follow the rebound path we saw in late 2020? ๐Ÿค”
If youโ€™ve been thinking about buying or upsizing, this could be your chance!

๐Ÿ’ฌ Have questions about timing the market? DM me.
๐Ÿ“ฒ Watch the full update and subscribe for more insights.

https://youtu.be/obSxZXfyNOw

๐Ÿ‘จโ€๐Ÿ’ผ Victor Song PREC*
๐Ÿ“ Royal LePage Sterling Realty
๐Ÿ“ž 604-779-8408
๐Ÿ“ง info@victorsong.com
๐ŸŒ www.victorsong.com

#VancouverRealEstate #MarketUpdate #BuyersMarket #UpsizeSmart #VictorSongRealEstate #MetroVancouverHomes #RealEstateTips #HousingTrends2025 #VancouverHomes #HomeBuyingTips

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APRIL 2025 MARKET UPDATE

Home sales remained slow in April โ€” down nearly 24% year-over-year. This kind of slowdown is unusual, especially with borrowing conditions improving, which would normally spark more activity.

But this year has been anything but normal.

Watch for more details and stay tuned for more updates on the BC real estate market.

Want to stay informed on real estate trends? Hit subscribe!

https://youtu.be/y2YFjXDVqZ4

๐Ÿ‘จโ€๐Ÿ’ผ Victor Song PREC*
๐Ÿ“ Royal LePage Sterling Realty
๐Ÿ“ž 604-779-8408
๐Ÿ“ง info@victorsong.com
๐ŸŒ www.victorsong.com

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March 2025 Market Update

The ongoing tariff war is weighing on consumer confidence, and that uncertainty is impacting the real estate market.

But if we set aside the political and economic unknowns tied to the U.S. administrationโ€™s trade policies and the upcoming Canadian federal election, Metro Vancouver is currently offering some of the most buyer-friendly conditions weโ€™ve seen in years.

Watch for more details and stay tuned for more updates on the BC real estate market.

Want to stay informed on real estate trends? Hit subscribe!

https://youtu.be/UPmoeiQJNec

๐Ÿ‘จโ€๐Ÿ’ผ Victor Song PREC*
๐Ÿ“ Royal LePage Sterling Realty
๐Ÿ“ž 604-779-8408
๐Ÿ“ง info@victorsong.com
๐ŸŒ www.victorsong.com

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February 2025 Market Update

After the rush of new listings in January, home sales and new listings in February were closer to historical averages, which has positioned the overall market in balanced conditions.

With the Bank of Canada's rate cut on March 12th, homebuyers will see improved borrowing conditions while benefiting from the largest selection of homes available since pre-covid times.

However, the ongoing tariff war may slow housing activity, while rising construction costs could delay projects and keep new home prices elevated. BCโ€™s diverse trade portfolio may help mitigate the impact. A likely scenario is a temporary slowdown before a rebound driven by lower mortgage rates.

Stay tuned for more updates on the BC real estate market.

Want to stay informed on real estate trends? Hit subscribe!

๐Ÿ‘จโ€๐Ÿ’ผ Victor Song PREC*
๐Ÿ“ Royal LePage Sterling Realty
๐Ÿ“ž 604-779-8408
๐Ÿ“ง info@victorsong.com
๐ŸŒ www.victorsong.com

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Metro Vancouver's housing market kicked off 2025 with a surge in new listings! January saw a 46% increase in newly listed homes compared to last year, as sellers entered the market early. With inventory above typical seasonal levels, will increased supply create more opportunities for buyers in the months ahead?

Want to stay informed on real estate trends? Hit subscribe!

๐Ÿ‘จโ€๐Ÿ’ผ Victor Song PREC*
๐Ÿ“ Royal LePage Sterling Realty
๐Ÿ“ž 604-779-8408
๐Ÿ“ง info@victorsong.com
๐ŸŒ www.victorsong.com

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Metro Vancouver home sales surged 31% year-over-year in December, signaling strengthening demand as 2024 came to a close. With buyer activity rising and inventory levels increasing, is the market poised for further growth in 2025?

Want to stay informed on real estate trends? Hit subscribe!

๐Ÿ‘จโ€๐Ÿ’ผ Victor Song PREC*
๐Ÿ“ Royal LePage Sterling Realty
๐Ÿ“ž 604-779-8408
๐Ÿ“ง info@victorsong.com
๐ŸŒ www.victorsong.com

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Metro Vancouver home sales climbed 28% year-over-year in November, continuing the momentum from Octoberโ€™s 30% increase. With buyer activity picking up and inventory levels shifting, could this signal a stronger rebound in the market heading into the new year?

Want to stay ahead in real estate? Hit subscribe!

๐Ÿ‘จโ€๐Ÿ’ผ Victor Song PREC*
๐Ÿ“ Royal LePage Sterling Realty
๐Ÿ“ž 604-779-8408
๐Ÿ“ง info@victorsong.com
๐ŸŒ www.victorsong.com

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Metro Vancouver home sales soared over 30% year-over-year in October, fueled by lower mortgage rates and renewed buyer confidence. With four rate cuts from the Bank of Canada, the market is improving. Could this signal the end of price moderation and the start of a more competitive market?

Want to know more? Just hit subscribe!

๐Ÿ‘จโ€๐Ÿ’ผ Victor Song PREC*
๐Ÿ“ Royal LePage Sterling Realty
๐Ÿ“ž 604-779-8408
๐Ÿ“ง info@victorsong.com
๐ŸŒ www.victorsong.com

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Buyers remain cautious to begin the fall market. Home sales totaled 1,852 that is a 3.8% decrease compared to September 2023 and 26% below the 10-year seasonal average. The benchmark price for all residential homes is currently $1.179M representing a 1.8% decrease from September 2023, and a 1.4% decrease compared to August 2024.

However, Market conditions are shifting this Octoberโ€”curious to learn more?

๐Ÿ‘จโ€๐Ÿ’ผ Victor Song PREC*
๐Ÿ“ Royal LePage Sterling Realty
๐Ÿ“ž 604-779-8408
๐Ÿ“ง info@victorsong.com
๐ŸŒ www.victorsong.com

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Home sales in Metro Vancouver remained below their ten-year seasonal averages in August as summer holidays come to a close. Home sales totaled 1,904 that is a 17% decrease compared to August 2023 and 26% below the 10-year seasonal average.

The benchmark price for all residential homes is currently $1.196M representing a 0.9% decrease from August 2023, and a 0.1% decrease compared to July 2024.

If you are looking to buy, sell or have questions about real estate, please give me a call.
Victor Song PREC*
Royal LePage Sterling Realty
604-779-8408
info@victorsong.com
www.victorsong.com

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Newly listed properties registered on the Multiple Listing Serviceยฎ (MLSยฎ) rose nearly 20% year over year in July, helping to sustain a healthy level of inventory in the Metro Vancouver housing market.

Home sales totaled 2,333 that is a 5% decrease compared to July 2023 and 18% below the 10-year seasonal average.

If you are looking to buy, sell or have questions about real estate, please give me a call.
Victor Song PREC*
Royal LePage Sterling Realty
604-779-8408
info@victorsong.com
www.victorsong.com

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Metro Vancouver home sales remained below seasonal and historical averages in June. Inventory has continued to accumulate to levels last seen in the spring of 2019.

Home sales totaled 2,418 that is a 19% decrease compared to June 2023 and โ€ฏ24% below the 10-year seasonal average.โ€ฏ

If you are looking to buy, sell or have questions about real estate, please give me a call.
Victor Song PREC*
Royal LePage Sterling Realty
604-779-8408
info@victorsong.com
www.victorsong.com

Read

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The number of sales declined in May compared to what is typical for this time of year in Metro Vancouver. This shift has allowed the inventory of homes available for sale to continue to accumulate with over 13,000 homes now actively listed in Metro Vancouver.

Home sales totaled 2,733 that is a 20% decrease compared to May 2023 and โ€ฏ20% below the 10-year seasonal average.โ€ฏ

If you are looking to buy, sell or have questions about real estate, please give me a call.
Victor Song PREC*
Royal LePage Sterling Realty
604-779-8408
info@victorsong.com
www.victorsong.com

Read

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Actively listed homes for sale on the MLS® in Metro Vancouver continued climbing in April, up 42 per cent year-over-year, breaching the 12,000 mark, a number not seen in the region since the summer of 2020.



Home sales totaled 2,831 that is a 3% increase compared to April 2023 and 12% below the 10-year seasonal average.


If you are looking to buy, sell or have questions about real estate, please give me a call.
Victor Song PREC*
Royal LePage Sterling Realty
604-779-8408
info@victorsong.com
www.victorsong.com
Read

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The number of Metro Vancouver homes listed for sale on the MLS® rose nearly 23% year-over-year, providing more opportunity for buyers looking for a home this spring.

 
Home sales totaled 2,415 that is a 5% decrease compared to March 2023 andโ€ฏ31% below the 10-year seasonal average.โ€ฏ

If you are looking to buy, sell or have questions about real estate, please give me a call.
Victor Song PREC*
Royal LePage Sterling Realty
604-779-8408
info@victorsong.com
www.victorsong.com
Read

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While Metro Vancouver home sellers appeared somewhat hesitant in January, new listings rose 31 percent year-over-year in February, bringing a significant number of newly listed properties to the market.


Home sales totaled 2,070 that is a 13.5% increase compared to February 2023 andโ€ฏ23% below the 10-year seasonal average.โ€ฏ


If you are looking to buy, sell or have questions about real estate, please give me a call.
Victor Song PREC*
Royal LePage Sterling Realty
604-779-8408
info@victorsong.com
www.victorsong.com

Read

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Home sales across Metro Vancouver’s housing market is off to a strong start in 2024 compared to 2023.
 
Home sales totaled 1,427 that is a 38.5% increase compared to January 2023. This was 20.2% below the 10 year seasonable average.
 
If you are looking to buy, sell or have questions about real estate, please give me a call.
Victor Song PREC*
Royal LePage Sterling Realty
604-779-8408
info@victorsong.com
www.victorsong.com
Read
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Reciprocity Logo The data relating to real estate on this website comes in part from the MLSยฎ Reciprocity program of either the Greater Vancouver REALTORSยฎ (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLSยฎ logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.