Transparency, Market Insights, and Smarter Decisions for Buyers and Sellers
Big changes are here! As of April 2025, Greater Vancouver REALTORS® (GVR) are making a major shift in the BC real estate market by introducing sold listings, including pending sales and final sale prices, directly on REALTOR.ca. This exciting new feature is empowering both buyers and sellers with the data they need to navigate a rapidly evolving housing market.
What’s New on REALTOR.ca?
For the first time ever, REALTORS® and potential buyers in Greater Vancouver now have access to a full range of sold data on the popular REALTOR.ca platform. Here’s what you can expect:
Sold Listings Displayed: View detailed information about past sales, including pending sales.
Final Sale Prices: These will be available 30 days after the deal closes.
Real-Time Market Insights: Stay updated on the latest trends and see how your local market is performing.
“Price Pending” Listings: Listings will display as "Price Pending" until the final sale price is confirmed.
This update brings much-needed transparency to BC’s real estate market, providing buyers and sellers with a clear understanding of property values. It’s all about making smarter, data-driven decisions in a competitive marketplace.
Why This Matters for You
If you’re buying or selling, this move towards transparency is a game-changer. Here's how it benefits you:
Buyers: Get access to final sale prices and compare them to asking prices—no more guesswork when deciding how much to offer.
Sellers: Understand what comparable homes are actually selling for, giving you the edge in pricing your property.
Investors: Gain a deeper understanding of which areas are appreciating, helping you make strategic investments.
Who’s Leading the Charge in Canada?
BC isn’t the first to make this shift. Other provinces have already embraced sold data:
Nova Scotia: The Nova Scotia Association of REALTORS® (NSAR) pioneered this initiative, offering full transparency to the public.
Fraser Valley: The Fraser Valley Real Estate Board (FVREB) followed suit, providing valuable data for homebuyers and investors.
Newfoundland & Labrador: They’ve already introduced open access to housing data, making it easier for everyone to make informed decisions.
Now, Greater Vancouver REALTORS® is joining this growing movement, with even more updates to come in the future.
Stay Ahead in a Competitive Market
With real-time data and full transparency now at your fingertips, you can make the most informed choices in today’s fast-paced real estate environment. Whether you’re buying, selling, or investing, access to sold data is going to change the way you approach your next move.
Ready to take your real estate strategy to the next level?
Explore REALTOR.ca today to check out the latest listings, track market trends, and get the insights you need to make smarter decisions. If you have questions or need expert guidance in navigating these changes, don’t hesitate to reach out!
Want to know how this shift affects your home search or sale strategy? Let’s chat! 🗣️📞
Tara Kennedy
REALTOR®, ABR, RENE, SRS
☎️ 236-992-8989
🌐 TaraKennedy.ca
📧 TaraKennedySells@gmail.com
For more details or to get started, visit: REALTOR.ca
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