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Homebuyers in Metro Vancouver are sitting on the sidelines despite market conditions tipping in their favour, according to the latest data from the Greater Vancouver Realtors (GVR). Residential home sales in March 2025 totalled just 2,091—down 13.4 per cent from March 2024 and 36.8 per cent below the 10-year seasonal average. It marked the slowest March for sales since 2019. Active listings climbing to highest levels seen in a decade At the same time, active listings reached levels not seen in nearly a decade. New listings for detached, attached and apartment properties were up 29 per cent year-over-year to 6,455—a 15.8 per cent increase over the 10-year average. Total active listings on the MLS reached 14,546, up 37.9 per cent compared to March 2024 and 44.9 per cent above the seasonal average. “If we can set aside the political and economic uncertainty tied to the new U.S. administration for a moment, buyers in Metro Vancouver haven’t seen market conditions this favourable in years,” said Andrew Lis, GVR’s director of economics and data analytics. “Prices have eased from recent highs, mortgage rates are among the lowest we’ve seen in years, and there are more active listings on the MLS than we’ve seen in almost a decade.”  Read More

Feeling like the market hasn’t taken off this spring? You’re not alone — April marks the slowest start to the spring Real Estate market in over 15 years across Langley, Surrey, Abbotsford, and the Fraser Valley. In this episode of Andy Talks Real Estate, I break down what’s happening beneath the surface — and what it could mean for your next move. 📊 What’s Covered in This Update: ✅ April 2025 market stats and sales trends ✅ Detached, Townhome & Condo price breakdown ✅ Why the Fraser Valley is still a buyer’s market ✅ What buyers can leverage — and where to be cautious ✅ Why pricing and preparation still matter for sellers ✅ What 30 years of market insight says about what’s ahead Whether you’re looking to buy or sell in Langley or just want to know what’s really going on, this update gives you the clarity you need to move forward. 📊 Full Fraser Valley Market Stats → https://rly.forsale/April-Stats 📅 Book a call a time convenient to you https://calendly.com/andyschildhorn 📞 778.835.8957 📧 [email protected] 🌐 www.AndytheRealtor.com 📍 Serving Langley | Fort Langley | Cloverdale | South Surrey | Walnut Grove | Abbotsford | Fraser Valley