Vancouver’s real estate market didn’t take a sudden turn in May. The pattern we’ve been seeing in recent months of a relatively weak market shifting toward buyer’s market territory continued through May.

Sales hit 654 in May. This was down slightly (-2.1%) from April but a fairly significant drop of -11.5% from the previous year (and -33.4% from the 10 year average).

It’s clear that demand was stifled in May. While being down just -2.1% isn’t really a big deal…it is when you take into account the typical historical pattern in our market…which is that sales are usually highest in May and June (although in recent years the peak sales have been moving earlier in the spring - March was the peak in 2021 and 2022 - but not in 2023 or 2024).

New listings followed a similar patter. They reached 2,036 which was slightly off the previous month (-0.7%) while they were +11.6% from the previous year (and +12.3% over the 10 year average).

Once again, these numbers are not following the typical spring pattern....

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...

Are you moving to Vancouver with your family and trying to find the right neighborhood?

The weight of the decision you are making can feel overwhelming.

…but I made this video to try and make things easier for you…and help you understand what it's like living in Vancouver.

Watch this video to learn about some of the best family friendly neighbourhoods in Vancouver (and Metro Vancouver). I'll help you understand why so many families love living in these Vancouver neighbourhoods, but also why they might not be right for you.

By the end of this video you'll know which family neighbourhood you'll want to live in Vancouver, but even MORE important which family oriented neighbourhoods you are going to want to avoid!

I don’t think it’ll surprise you if I said we were living in (suddenly) uncertain times. That uncertainty (driven by the threat of tariffs as well as rhetoric around the ‘51st State’) have had a significant impact on the Vancouver real estate market.

We were seeing a strengthening of demand at the tail end of 2024…strength that disappeared in the last couple of months. As a result, we have growing inventory and demand that’s well off of the typical pace at this time of year.

Sales rose to 642 in March which was up +25.9% from April but down -9.5% from last year. Most significantly, this was down -35.3% from the 10-year average and a low we haven’t seen in a March since 2019.

New Listings are growing and we saw 2,030 enter the market last month. This was +25.2% from last month and +28.8% from a year ago as well as +17.3% over the 10 year average. Total active listings rose to 4,561 which was nearly 50% over the 10 year average.

With demand falling and supply rising, we would expect to see prices...

These Vancouver Neighbourhoods MADE Money in 2024 [Living in Vancouver]

It's no secret that 2024 was not a great year for Vancouver real estate. There were some ups, and some downs but in the end it was a mostly flat year for the region.

In this video, I look under the hood at what REALLY happened...and uncover some very clear WINNERS but also some very obvious losers in the Vancouver real estate market. A few of these are really going to surprise you. Quite honestly, they surprised ME. ...but the data doesn't lie.

Most importantly, once I broke down the data carefully I saw some very clear trends develop. These are trends that are going to shape the Vancouver real estate market in 2025 and beyond.

So if you are moving to Vancouver or even if you already live in Vancouver, this is a video you won't want to miss.

After watching this video you'll better understand what's happening with Vancouver real estate today and into the future...and where the best Vancouver neighbourhoods are and which...