🌸 April Market Vibes – Metro Vancouver Real Estate Snapshot 🏘️

The spring market is here… but it’s not your typical hot streak. Instead of bidding wars, we’re seeing more inventory and fewer sales. So what does that mean for YOU?

Here’s the scoop 👇

📉 Sales Slipped
➡️ 2,163 homes sold in April 2025
That’s down 23.6% from last year and 28.2% below the 10-year April average.

📦 Inventory Piled Up
➡️ 16,207 active listings (up 29.7% YoY!)
➡️ 6,850 new listings hit the market (down just 3.4% from last year, but still well above average)

📊 Sales-to-Active Listings Ratio
➡️ Overall: 13.8%
🏠 Detached: 9.9%
🏘️ Townhomes: 17.5%
🏢 Condos: 15.7%
(Reminder: <12% = buyers’ market, >20% = sellers’ market)

💰 Benchmark Prices (Year-over-Year)
🏠 Detached: $2,021,800 (▼ 0.7%)
🏢 Apartment: $762,800 (▼ 2%)
🏘️ Townhome: $1,102,300 (▼ 2.9%)
📊 Composite: $1,184,500 (▼ 1.8%)

🔍 What This Means for You
According to GVR’s Andrew Lis, this slower pace means: ✅ More choice for buyers
✅ Prices holding steady
✅ Lowest borrowing costs we’ve seen in years

📬 Curious what this means for your move?
Let’s chat strategy over coffee (or your fave patio spot). DM me anytime!

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