Hi,
Spring is here, but the real estate market in Greater Vancouver and the Fraser Valley isn't exactly heating up as tariff uncertainty brings hesitancy.
Here's what the latest data tells us — and why it matters if you're thinking of buying or selling:
Greater Vancouver
Sales: 2,091 homes sold
→ Down 13.4% from last year
→ 36.8% below the 10-year March average
New Listings: 6,455
→ 29% more than last year
Active Listings: 14,546
→ Up 37.9% year-over-year
What it means:
More homes are available, but buyers haven’t rushed back.
We're in a balanced market overall, but detached homes are leaning into buyer territory.
Fraser Valley
Sales: 1,036 homes sold
→ Down 26% year-over-year
→ Nearly 50% below the 10-year average
New Listings: 3,800
→ Up 59% vs the 10-year seasonal average
Active Listings: 9,219
→ Highest March inventory in a decade
What it means:
This is a textbook buyer’s market — lots of choice, little competition, and motivated sellers.
Big Picture:
- Buyers are cautious
- Sellers need to price smart
- Inventory is building in both regions
- Prices are flat or slightly down — but stable for now
If you're curious how this affects your situation or neighbourhood, feel free to reach out
Best,
Shawn Dhesi
Realtor©
778-714-1211
shawn@shawndhesirealtor.ca
One Flat Fee Real Estate Incorporated