Metro Vancouver Real Estate Update – For Buyers

Good news for buyers: Metro Vancouver’s housing market is showing more stability. With the benchmark home price now sitting around $1,150,400—a 3.8% dip year-over-year—there’s finally some breathing room for those looking to make a move.

North Vancouver Snapshot

In North Vancouver, the benchmark price is approximately $1,345,500. While that’s a modest dip, the real story lies in the opportunities: well-priced detached homes, townhomes, and condos are popping up, giving buyers a wider range of choices.

New Westminster & Burnaby Advantage

Over in New Westminster and Burnaby, rising inventory and zoning changes are creating more options and supporting new housing supply. This means buyers have a chance to explore communities that may have been more limited in past years.

What This Means for You

With more listings and a touch of price relief, buyers today are in a stronger position to find value—whether that’s a starter condo, a family-sized townhome, or a detached home with long-term potential.

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