Market Cooling - But Smart Sellers Still Win
The Metro Vancouver real estate market may be showing early signs of cooling, but well-priced, move-in-ready homes continue to shine. Buyers are becoming more selective, yet they’re quick to act when a home checks all the boxes — updated, functional, and priced strategically within the local benchmark.
According to the latest data, the benchmark home price sits around $1,142,100 in Metro Vancouver. That figure reflects both the resilience of the market and the growing gap between entry-level properties and premium homes with strong presentation and location appeal.
North Vancouver: Townhomes & Newer Builds Lead the Way
In North Vancouver, demand is holding steady despite limited detached home inventory. With fewer single-family options available, townhomes and newer builds are seeing increased attention.
Families and professionals are drawn to modern layouts, energy-efficient design, and walkable neighbourhoods like Lynn Valley and Central Lonsdale — areas where lifestyle and long-term value align.
If you own a North Vancouver property that’s well maintained, the timing remains favourable. Buyers are still active, especially when a home is move-in-ready and positioned strategically within its price band.
Burnaby & New Westminster: Zoning Changes Bring Opportunity
Recent zoning updates in Burnaby and New Westminster are unlocking new possibilities for homeowners.
If you own property in these areas, your lot could now qualify for repositioning or redevelopment under expanded density and infill guidelines.
This shift opens doors for investors, multi-family conversions, and owners looking to maximize value. Even if you’re not ready to sell, understanding how these zoning changes affect your property is the first step to planning your next move.
Want a winning strategy?
Comment “VALUE MY HOME” and receive a custom pricing and marketing plan tailored to your property and neighbourhood. You’ll see exactly how your home compares, what buyers are paying attention to, and which strategies are getting top results right now.
Call 778-877-8807 today to discuss your selling strategy and position your home for success.
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Posted by Frederick Trudeau on
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