The spring real estate market is in full swing, but things are looking a little different this year—and that’s great news for buyers!
According to the latest stats from the Greater Vancouver REALTORS®, home sales in April 2025 dropped nearly 24% compared to April 2024. While that might sound concerning, it’s actually opening up incredible opportunities for buyers in Metro Vancouver, including the Tricities.
Why is this your moment to make a move?
✔️ Inventory is up 30% from this time last year, with over 16,000 homes currently for sale—the highest since 2019
✔️ Borrowing conditions are improving, with rates at their lowest in years
✔️ Home prices have remained steady for several months, giving buyers more time and flexibility
Benchmark Prices – April 2025:
Detached Homes: $2,021,800 (down 0.7% year-over-year)
Townhomes: $1,102,300 (down 2.9% year-over-year)
Apartments: $762,800 (down 2% year-over-year)
Sales-to-active listings ratio is sitting at 13.8% overall—signaling a balanced market and more negotiating power for buyers.
Whether you're a first-time buyer, upsizing, downsizing, or exploring investment options, I'm here to help you navigate it all with clarity and confidence.
Let’s connect and turn this market shift into your opportunity.
Tara Kennedy
REALTOR®, ABR, RENE, SRS
236-992-8989
TaraKennedy.ca
TaraKennedySells@gmail.com
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.