Vancouver Island Housing Market Outlook 2025 Re Max Canada News Looking ahead to 2025, the vancouver island housing market is expected to continue to be a balanced market. average prices across all property types are anticipated to rise by four per cent, while the number of sales will likely increase by 10 per cent. 2025 housing market outlook *the outlooks for 2025 are estimates provided by re max canada brokers and agents. each re max office is independently owned and operated. **the estimated 2025 average price change ( %) is relative to 2024 (january october 2024) average price.
Vancouver Island Housing Market Outlook 2025 Re Max Canada News Specifically, sale prices are anticipated to increase by three per cent in kelowna central okanagan, four per cent in vancouver island, seven per cent in the greater vancouver area (gva), five per cent in calgary, alberta, 10 per cent in edmonton, alberta, and five per cent in winnipeg, manitoba. Vireb recorded 637 unit sales (all property types) in march 2025, down one per cent from one year ago. year over year active listings (all property types) rose by six per cent, climbing to 3,708 from 3,488 the previous march. Here’s what you need to know about the 2025 housing market outlook, as revealed by re max canada and its network of brokers and agents. national market highlights. · national average price growth: the average residential price is expected to rise by 5% in 2025. re max regions surveyed predict price increases ranging from 0.1% to as high as 10%. According to re max canada ’s 2025 housing market outlook report, national average residential prices are forecasted to rise by 5%, with sales increases anticipated in 33 of 37 surveyed regions, some by as much as 25%, fueled by late 2024 interest rate cuts and changes to the mortgage stress test.
Vancouver Island Housing Market Outlook 2025 Re Max Canada News Here’s what you need to know about the 2025 housing market outlook, as revealed by re max canada and its network of brokers and agents. national market highlights. · national average price growth: the average residential price is expected to rise by 5% in 2025. re max regions surveyed predict price increases ranging from 0.1% to as high as 10%. According to re max canada ’s 2025 housing market outlook report, national average residential prices are forecasted to rise by 5%, with sales increases anticipated in 33 of 37 surveyed regions, some by as much as 25%, fueled by late 2024 interest rate cuts and changes to the mortgage stress test. The vancouver island real estate market has kicked off 2025 with impressive momentum, according to the latest market analysis from the shanon kelley realty group. december 2024 data reveals significant growth across multiple property segments, painting a picture of a robust and dynamic market. Re max canada and its network of brokers and agents are expecting a more active market next year, with the national average residential price likely to increase by five per cent, and sales anticipated to rise in 33 out of 37 regions surveyed, with sales increases of up to 25 per cent. Top housing market & mortgage trends, condo sales numbers & more. visit re max canada for all of your real estate news!. Property prices in greater vancouver could rise by seven per cent in 2025, and sales volume could increase by 20 per cent, according to an outlook report by national brokerage re max canada.
Comments are closed.