Vancouver Real Estate Market: What's Happening This Quarter?

? Vancouver Real Estate Market: What’s Happening This Quarter?
Spring 2025 Update from Your Local Realtor

As we move through Spring 2025, Vancouver’s real estate market continues to show signs of cautious optimism. After a slower-than-usual start to the year, we're now seeing increased activity—particularly in the townhouse and condo segments, where more buyers are stepping off the sidelines thanks to slightly improved affordability and pent-up demand.

Home Prices:
Detached home prices have remained relatively stable, with minor fluctuations depending on neighbourhood. However, many areas—especially East Vancouver and parts of Burnaby—are still seeing competitive offers on well-priced listings.

Inventory:
Low inventory continues to be a challenge, especially for entry-level homes. This is putting upward pressure on prices in desirable neighbourhoods. If you’re thinking about selling, this could be a great time to take advantage of low supply and motivated buyers.

Interest Rates & Buyer Confidence:
With the Bank of Canada hinting at potential rate cuts later in the year, some buyers are beginning to re-enter the market in anticipation. This shift in sentiment is leading to more showings and quicker sales for well-presented homes.

What It Means for You:
Whether you’re planning to buy, sell, or simply watch the market, staying informed is key. I’m here to provide up-to-date insights, personalized advice, and local expertise to help you navigate the months ahead.

I'm Melissa Roy with TRG Realty - full time residential Realtor & Relocation Specialist in Vancouver, BC. Got questions about buying, selling, renting? Let's connect! | melissaroy.realtor@gmail.com