As we step into 2025, staying updated on Greater Vancouver's evolving real estate trends is crucial for making informed buying, selling, or investment decisions. Understanding these changes will help you navigate the market more effectively. As your dedicated Vancouver Realtor, I’m here to guide you through these shifts with a personalized strategy. Whether you're planning to buy, sell, or invest, I’m committed to making the process smooth and helping you reach your goals. Let's work together to turn your real estate aspirations into reality.
A Market in Transition
The current market favors buyers due to an abundance of homes, but a shift toward a balanced market is expected by mid-2025 as demand grows and supply shrinks, increasing competition later in the year.
The current market favors buyers due to an abundance of homes, but a shift toward a balanced market is expected by mid-2025 as demand grows and supply shrinks, increasing competition later in the year.
Price Growth Continues, Just at a Slower Pace
Home prices are projected to rise by 3-5% in 2025, driven by immigration, limited land, and strong demand, especially in desirable Canadian
Home prices are projected to rise by 3-5% in 2025, driven by immigration, limited land, and strong demand, especially in desirable Canadian
cities.
Condos and Townhomes Remain Hot
Condos and townhomes will continue to be popular due to affordability challenges, with particular interest in pre-construction units near transit hubs.
Condos and townhomes will continue to be popular due to affordability challenges, with particular interest in pre-construction units near transit hubs.
Mortgage Rates Finally Stabilizing
Mortgage rates are expected to stabilize in 2025, providing more predictable financing options for buyers and potentially increasing market activity.
Mortgage rates are expected to stabilize in 2025, providing more predictable financing options for buyers and potentially increasing market activity.
Green Housing Trends on the Rise
Vancouver leads in sustainability with energy-efficient and eco-friendly homes becoming more common, appealing to environmentally conscious buyers.
Vancouver leads in sustainability with energy-efficient and eco-friendly homes becoming more common, appealing to environmentally conscious buyers.
What This Means For Buyers & Sellers:
For Buyers: Act quickly while inventory is high to secure a property before competition intensifies later in the year.
For Sellers: Consider listing early in 2025 to benefit from current demand before the market becomes more competitive.
For Buyers: Act quickly while inventory is high to secure a property before competition intensifies later in the year.
For Sellers: Consider listing early in 2025 to benefit from current demand before the market becomes more competitive.