Buying a House in Vancouver | 7 Mistakes to Avoid (2025)

I've seen people make a lot of mistakes over my nearly 20 years as a Vancouver realtor. Mistakes that have cost people many thousands of dollars and a whole lot of aggravation.

If you are thinking of buying a house in Vancouver, then this is a video you can't afford to miss. I'm not filling this video with fluff, and generic advice. No, this is detailed, honest advice that is specific to the Vancouver real estate market..and exactly the kind of stuff you NEED TO KNOW when buying a house in Vancouver.

You'll want to watch this video to learn how YOU can avoid making costly mistakes when moving to Vancouver and buying a house.

Remember all that uncertainty I spoke about last month?

Turns out it’s continued to have an impact on our real estate market. We continued to have “unusually” low sales activity through the month of April.

However…there are some glimmers of a silver-lining if I squint very hard.

Sales rose 4% from last month to 668. However, this was well below a year ago (-18.6%) and almost -21% below the 10-year average.

In recent years, we’ve seen April sales numbers dip from March…so while this number well below our historical average I do think it’s meaningful that it rose from last month rather than dropped.

New listings climbed only a modest +1% from the previous month to 2,050. This was -12% below last year but still +16% over the 10-year average.

Total active listings reached 4,915 +42% over the 10-year average (significantly, it’s our first decline vs the 10-year average in supply so far this year). This is the highest number of listings we’ve had in Vancouver since the fall of 2012 (although just 20...