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As we move deeper into the summer market, the Vancouver real estate landscape is showing signs of stabilizing. Sales remain slightly lower than last year, but July’s numbers confirm the early recovery trend we saw in June. Inventory has plateaued at around 17,000 listings, giving buyers plenty of choice while keeping prices relatively stable.
Detached homes remain in buyer’s market territory, while condos are leaning toward balanced but still giving buyers some negotiating room.
Let’s dive into the numbers ...
📊 Key Market Metrics: Greater Vancouver, July 2025
Sales Volume: 2,286 homes sold ⬇️ 2.0% lower than July 2024 ⬆️ 4.8% higher than June 2025 📉 13.9% below 10-year seasonal average (2,656)
New Listings: 5,642 homes listed 📈 0.8% above July 2024 📈 12.4% above the 10-year seasonal average (5,018)
Total Active Listings: 17,168 ⬆️ 19.8% higher than July 2024 ⬇️ 2.2% lower than June 2025 📈 40.2% above the 10-year seasonal average (12,249) 💡 What it means: Buyers still have plenty of choice, but if sales continue to rise, inventory could tighten later this year.
Months of Inventory (MOI): 7.51 → Balanced Market 💡 What it means: Supply and demand are relatively aligned, keeping prices from big swings.
Home Price Index (HPI): $1,165,300 ⬇️ 2.7% lower than July 2024 ⬇️ 0.7% lower than June 2025 💡 What it means: Prices are stable to slightly down across most segments.
🔹 For Buyers: Current conditions still favour buyers in most segments, with balanced conditions in townhomes and more negotiating room in detached and condo markets. Inventory remains steady, so there is time to view multiple options and compare. Keep an eye on neighbourhood-specific trends, as well-priced homes in popular areas may attract faster offers.
🔹 For Sellers: While detached homes are facing more competition, condos inventory shows signs of gradually tightening. Strong presentation, competitive pricing, and strategic marketing remain key to attracting serious buyers in today’s market.
💡 If you are curious about how your area is performing, make sure to download the free market report below!
As we head into the summer market which is typically a slower time of the year, especially following the slowest spring in nearly a decade (besides 2019 & 2020) — inventory has reached record highs, with many homes sitting longer on the market. However, entry-level detached houses are still seeing stronger demand and continue to sell well. In contrast, the townhouse segment remains stable in balanced territory. Overall, the market is shifting, and pricing strategy is more important than ever.
📊 Key Market Metrics: Greater Vancouver, June 2025
Sales Volume: 2,181 homes sold
⬇️ 9.8% lower than June 2024
⬆️ 2.1% lower than May 2025
📉 25.8% below 10-year seasonal average (2,940)
💡 What it means: Sales are still soft, but the year-over-year decline is half of May’s—suggesting demand may be stabilizing.
New Listings: 6,315 homes listed
📈 10.3% above June 2024
📈 12.7% above the 10-year seasonal average (5,604)
Total Active Listings: 17,561
⬆️ 23.8% higher than June 2024
⬆️ 2.7% higher than May 2025
📈 43.7% above the 10-year seasonal average (12,223)
💡 What it means: Buyers have more choice than ever. Sellers must position and price strategically to attract attention.
Months of Inventory (MOI): 8.05 → Buyer’s Market
💡 What it means: Inventory levels are high, placing downward pressure on prices and increasing negotiation power for buyers.
Home Price Index (HPI): $1,173,100
⬇️ 2.8% lower than June 2024
⬇️ 0.3% lower than May 2025
💡 What it means: Prices are trending sideways, with slight downward pressure across most property types.
Market Type by Property Category
🏡 Detached Homes: Buyer’s Market
🏘️ Townhomes: Balanced Market
🏢 Condos: Buyer’s Market
💬 Professional Insight & Actionable Advice
🔹 For Buyers: More listings, stable prices, and lower mortgage rates—these are the best buyer conditions we’ve seen in years. If you’ve been watching and waiting, now’s your chance to move strategically—especially in the condo and detached segments.
🔹 For Sellers: Inventory is high. A smart listing strategy—accurate pricing, professional presentation, and local market insights—is essential. Townhouses are moving better than expected, so timing could be on your side if you're in that category.
💡 If you are curious about how your area is performing, make sure to download the free market report below!
As we close out May, the Greater Vancouver housing market continues to tilt in favor of buyers. Inventory hit another 10-year high, and while sales edged up slightly from April, they remained well below both last year’s levels and long-term seasonal trends. Meanwhile, home prices are easing further, signaling more negotiating room for buyers heading into summer. Here’s this month’s breakdown:
📊 Key Market Metrics: Greater Vancouver, May 2025
Sales Volume: 2,228 homes sold ⬇️ 18.5% lower than May 2024 ⬆️ 3% higher than April 2025
💡 What it means: Activity picked up slightly month over month but remains sluggish compared to past years. Buyers are still cautious and selective.
New Listings: 6,620 📈 9.3% above the 10-year seasonal average (6,055)
Total Active Listings: 17,094 ⬆️ 25.7% higher than May 2024 ⬆️ 5.5% higher than April 2025 📈 45.9% above the 10-year seasonal average (11,718)
💡 What it means: With more homes on the market than we’ve seen in years, buyers have the upper hand. Sellers need to stand out with pricing and presentation.
Months of Inventory (MOI): 7.67 months → firmly in Buyer’s Market territory
💡 What it means: High inventory and slower sales mean buyers can take their time and negotiate better deals.
Home Price Index (HPI): ⬇️ Down 2.9% vs. May 2024 ⬇️ Down 0.6% vs. April 2025
💡 What it means: Prices are softening across all property types, providing more accessible entry points for buyers who have been on the sidelines.
🔹 For Buyers: With listings at a decade high, you now have time and options on your side. It’s an opportune moment to explore areas with higher inventory and focus on motivated sellers who are adjusting prices.
🔹 For Sellers: It’s no longer enough just to list—you need to compete. Proper pricing, staging, and a strong marketing strategy are key in today’s crowded marketplace. Homes that show value and readiness still attract the right buyers.
💡 If you are curious about how your area is performing, make sure to download the free market report below!
As we wrap up April, Greater Vancouver’s real estate market continues to see growing inventory and softened prices. While sales have inched up compared to March, they remain significantly lower than last year, signaling that buyers are still cautious. With over 16,000 active listings now on the market and months of inventory climbing, we’re firmly in buyer’s market territory. Below are this month’s highlights and key takeaways:
📊 Key Market Metrics: Greater Vancouver, April 2025
Sales Volume: 2,163 homes sold
⬇️ 23.6% lower than April 2024
⬆️ 3.4% higher than March 2025
💡 What it means: Sales are slowly gaining momentum month over month, but still lag behind last year’s levels. Buyers are active—but selective.
New Listings: 6,846 homes listed
📈 19.5% above the 10-year seasonal average (5,731)
Total Active Listings: 16,207
⬆️ 29.7% higher than April 2024
⬆️ 11.4% higher than March 2025
📈 47.6% higher than the 10-year average (10,979)
💡 What it means: Supply continues to surge, giving buyers more leverage and forcing sellers to adjust their pricing expectations.
Months of Inventory (MOI): 7.49 months → firmly in Buyer’s Market territory
💡 What it means: High inventory levels mean buyers have the upper hand. Sellers need to be more competitive on pricing and presentation.
Home Price Index (HPI):
⬇️ Down 1.8% vs. April 2024
⬇️ Down 0.5% vs. March 2025
💡 What it means: Prices are softening across the board. This is good news for buyers who’ve been waiting for better entry points.
🏘️ Inventory Breakdown by Property Type
🏡 Detached Homes: Buyer’s Market
🏘️ Townhomes: Balanced Market
🏢 Condos: Buyer’s Market
💬 Professional Insight & Actionable Advice
🔹 For Buyers:
Now is a strategic window—more inventory means less competition and more room to negotiate. If you've been waiting for a buyer-friendly market, this is it. However, don’t expect steep discounts in every segment—focus on motivated sellers and properties that have been sitting.
🔹 For Sellers:
It’s not just about listing—it’s about positioning. In a high-supply market, homes that are priced right and show well still attract serious buyers. Pay attention to recent comparables and don’t rely on outdated peak pricing.
💡 If you are curious about how your area is performing, make sure to download the free market report below!
March is typically when the real estate market begins to warm up—but this year tells a different story. Sales dropped to the lowest level in nearly 20 years, even as mortgage rates started to ease. Meanwhile, inventory climbed sharply, shifting the market strongly in favor of buyers. Whether you're planning to buy or sell, these shifts require careful strategy.
📊 Key Market Metrics: Greater Vancouver, March 2025
Sales Volume: 2,091 homes sold
↘️ 13.4% lower than March 2024
↗️ 14.4% higher than February 2025
📉 36.8% below the 10-year seasonal average (3,308)
New Listings: 6,455 homes listed
↗️ 15.8% above the 10-year seasonal average (5,572)
Total Active Listings: 14,446
↗️ 37.9% higher YoY
↗️ 14.4% higher MoM
Months of Inventory (MOI): 6.9 months → firmly in Buyer’s Market territory
Home Price Index (HPI):
↗️ 1.0% higher YoY
↗️ 0.1% higher MoM
💡 Prices remain stable despite rising inventory
🏘️ Inventory Breakdown by Property Type
🏡 Detached Homes: Buyer’s Market
🏘️ Townhomes: Balanced Market
🏢 Condos: Balanced Market
💬 Professional Insight & Actionable Advice
🔹 For Buyers: With inventory at multi-year highs and interest rates softening, now is a good time to negotiate. While prices remain stable, many sellers are more open to flexible terms. If you're actively searching, this could be your opportunity to buy with less competition.
🔹 For Sellers: It's critical to price right. Homes that show well and are priced competitively continue to sell. However, overpricing could mean sitting on the market much longer in this climate.
💡 If you are curious about how your area is performing, make sure to download the free market report below!