Vancouver Real Estate Market Update March 2025 Vancouverrealestate Housingmarket Vancouver

Vancouver Real Estate Market Update Dec 2015 Leo Wilk Real Estate Vancouver’s housing market continued to cool in march, with seasonally adjusted home sales falling 7.3% from february. this marks the fourth consecutive monthly decline and places overall sales 26.6% below their recent peak in november 2024. the uncertainty tied to american tariff threats continues to dampen consumer confidence, with many potential buyers taking a wait and see […]. The benchmark price of homes in metro vancouver was $1,190,900 in march 2025, a 0.6% annual decrease and a 5.5% decrease in 35 months from the all time high of $1,259,900 in april 2022.

Vancouver S Real Estate Market Continues To Rise In October News There were 6,455 detached, attached and apartment properties newly listed for sale on the multiple listing service® (mls®) in metro vancouver in march 2025. this represents a 29 per cent increase compared to the 5,002 properties listed in march 2024. The benchmark price of an apartment home is $767,300. this represents a 0.9 per cent decrease from march 2024 and a 1 per cent increase compared to february 2025. attached home sales in march 2025 totalled 472, a 4.6 per cent decrease compared to the 495 sales in march 2024. the benchmark price of a townhouse is $1,113,100. Vancouver is facing a significant demand drop ( 29%), while inventory has surged 38%, leading to a 71% increase in months of supply. despite this, prices remain high at $1,185,100, though they are down 4% year over year. with a 1.36% price increase month over month, the market is not crashing but is experiencing a major slowdown in transactions. Closing the first quarter of 2025, metro vancouver residential sales for march continued the month over over rise seen since the beginning of the year. the sales total of 2,091 last month was a 14% increase over february’s 1,827, and a steady increase from january’s total of 1,552.

Greater Vancouver Real Estate Market Q1 Market Forcast West Coast Vancouver is facing a significant demand drop ( 29%), while inventory has surged 38%, leading to a 71% increase in months of supply. despite this, prices remain high at $1,185,100, though they are down 4% year over year. with a 1.36% price increase month over month, the market is not crashing but is experiencing a major slowdown in transactions. Closing the first quarter of 2025, metro vancouver residential sales for march continued the month over over rise seen since the beginning of the year. the sales total of 2,091 last month was a 14% increase over february’s 1,827, and a steady increase from january’s total of 1,552. The greater vancouver real estate market is shifting. inventory is rising, buyers are cautious, and mortgage rates remain stable. With metro vancouver housing inventory growth, the impact of interest rate cuts, and new tariffs on building materials driving up construction costs, the vancouver housing affordability crisis remains a major concern. what does this mean for buyers, sellers, and investors?. On a year over year basis, vancouver home prices have decreased 0.6% over the last 12 months. the average selling price of a single family home in vancouver was $2,029,400 for the month of march 2025, that’s increased by 0.3% compared to the previous month. The city’s real estate board says residential sales in the region totalled 2,091 in march, a 13.4% decrease from the 2,415 sales recorded in march 2024 and 36.8% below the 10 year seasonal average. the composite benchmark price last month was $1,190,900, down 0.6% from a year earlier but 0.5% higher than february.