March Market Updates 2025

We saw another Balanced month, however, this market with Buyer advantages is missing Buyers! This March, we saw a notable decrease in home sales – a 13.4% drop compared to March 2024. Despite this decrease, active listings have surged – providing Buyers with more inventory options! The benchmark price for all residential properties is now $1,190,900, a slight…

February Market Updates 2025

Metro Vancouver’s housing market achieved balanced conditions in February! What does this mean for Buyers and Sellers?  New Listings: Increased compared to January, giving buyers more options Market Conditions: Balanced, with moderate price adjustments across different property types Detached Homes: Prices seeing slight declines, with demand steady in sought-after neighborhoods Condos & Townhomes: Holding value as…

walkable neighbourhoods

Walkable Neighbourhoods and Canada’s Housing Crisis.

As Canada continues to grapple with a housing crisis rooted in a persistent inventory shortage, RE/MAX Canada explores possible solutions through the idea of walkable neighbourhoods. Thus far, the National Housing Strategy announced in 2017 has succeeded in creating and repairing 213,733 units. In comparison, Canada’s population grew by more than one million in 2022. With demand perpetually…