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The Real Estate Clock: What time is it in our Market? Are we seeing a return to Balanced Conditions? 

Posted on Aug 18, 2025

After an extended period of market uncertainty, we are now seeing some signs of stabilization across Metro Vancouver's residential real estate market. The current environment suggests a possible shift toward equilibrium, offering distinct advantages for both buyers and sellers who understand how to navigate these conditions effectively.

For prospec...

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The Real Estate Clock: What time is it in our Market? Time For The Market To Turn A Corner 

Posted on Jul 08, 2025

According to the sales results, June numbers suggest we might be seeing the first signs of a market finding its footing after months of uncertainty. While sales were still down 9.8% compared to June 2024, the decline has notably improved from May's steeper drop. Although we had a very busy May, sales overall were still down 20% so now at 9.8% we ar...

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The Real Estate Clock: What time is it in our Market? A Market Full of Opportunity—A rare buyers' paradise

Posted on Jun 05, 2025

(Breaking news: Bank of Canada rate announcement today left rates unchanged although a future rate decrease is still expected.)

The numbers for May are out and we are told this is still one of the most buyer-friendly markets we’ve seen in years. I wasn't expecting the market to still show as buyer friendly to the extent that it has because in May w...

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The Real Estate Clock: What time is it in our Market? Spring 2025: A Buyer’s Market That’s Waiting to Be Noticed? 

Posted on May 15, 2025

As we have been saying all year, it's a buyers' market with few buyers. While so far May seems to be taking off (more on that later) April’s numbers confirm what we’ve all been feeling: the market is STILL stuck in first gear. Sales plummeted 23.6% compared to last April, and are now 28.2% below the 10 year average. Meanwhile, inventory has surged...

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The Real Estate Clock: What time is it in our market? Time to BUY, INVEST, MOVE UP! (and possibly also ok to downsize or cash out...) 

Posted on Apr 12, 2025

The title of the recent Greater Vancouver Realtors' market report read: A Market Made for Buyers is Missing Buyers.  Yes that seems to be true. 
 
As noted in our March newsletter, after a very strong January in favour of sellers (ok maybe very strong is a bit much but definitely stronger than fall 2024!) February was not great and March continued tha...

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The Real Estate Clock: What time is it in our market? Not the best time: January was up; February was back down.

Posted on Mar 10, 2025

Before we get into the market update, just a reminder: BC SPECULATION AND VACANCY TAX DECLARATIONS MUST BE MADE BY MARCH 31ST! Go to gov.bc.ca/spectax 

Our 2025 market has been unpredictable. January sales suggested that the market may have been rebounding back to the pre-disastrous-2024 levels. Interest rates were down considerably and buyers who h...

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Patricia Houlihan Personal Real Estate Corporation

Mobile: 604-376-7653

Phone: 604-971-2683

phoulihan@deepcovehomes.ca

Office Info

Century 21 In Town Realty

101 - 2221 Panorama Drive  North Vancouver,  BC  V7G 1V4 

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