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Update • Update • Update • 8 May 2025

Is MAY2025 the Perfect Time to Dive into Metro Vancouver’s Housing Market?

by Gavin Lam

Metro Vancouver’s housing market in April 2025 offers a golden opportunity for buyers, with inventory soaring to 16,207 listings—the highest since 2014! Home sales dipped to 2,163, down 23.6% from last year, signaling cautious buyers amid trade uncertainties. Yet, prices remain stable, with the MLS® Home Price Index at $1,184,500, only 1.8% lower than April 2024. Lower borrowing costs and a buyer’s market (sales-to-active listings ratio at 13.8%) create ideal conditions for savvy investors and first-time buyers.

Detached homes saw a 29% sales drop, with benchmark prices at $2,021,800, while apartments fell 20.2% to $762,800. With more choices and stable prices, now’s the time to act. Don’t miss out on this rare market shift—connect with me to explore your options!

Ready to seize this buyer’s market or curious about your home’s value? Contact me today to discuss your real estate goals!

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