Monday Market Pulse for buyers

The Metro Vancouver real estate market continues to shift in buyers’ favour, with more opportunities to negotiate and secure value.

Market Snapshot

  • Metro Vancouver: The benchmark price now sits at $1,150,400, down ~3.8% year-over-year, giving buyers more negotiating room.

  • North Vancouver: Benchmark is ~$1,345,500, reflecting a –1.5% YoY dip.

  • Vancouver Condos: The condo market remains steady, making it a strong entry point for first-time buyers and investors seeking long-term value.

What This Means for Buyers

This market climate opens up new possibilities. Buyers now have leverage in negotiations, and with stable condo pricing, entry-level buyers and investors can find great opportunities. Whether you’re searching for a family home or an investment property, there’s more room to act strategically.

 

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Posted by Frederick Trudeau on
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