Greater Vancouver Real Estate Market Update – April 2025

The real estate market in Greater Vancouver remained relatively slow through April. However, with the uncertainty of the federal election behind us, attention now shifts to how new government policies will address housing affordability. Will they help ease the pressure on shelter costs—or make homes even less affordable? Time will tell.

 Market Highlights – April 2025
Looking at the Sales-to-Active Listings Ratio (SAR), we can see which areas are currently experiencing stronger demand:

 Stronger Markets:

• Port Coquitlam

• Pitt Meadows

• North Vancouver

• Cloverdale

• Langley (attached homes)

These cities showed relatively healthier SARs, suggesting a more balanced or slightly seller-favored market in those regions.

 Weaker Markets (SAR below 10%)

• Burnaby

• Coquitlam

• Vancouver West

• West Vancouver

• Richmond

• Ladner

• Surrey & White Rock (especially in attached properties)

These areas are firmly in buyer’s market territory, with slower sales activity and more inventory available.

 Whether you're thinking about buying, selling, or just staying informed, feel free to reach out for a breakdown tailored to your neighborhood or property type.

 Bonus Insight:
There are many overpriced homes still sitting on the market—some sellers are holding out for 2022 peak prices. But there are deals to be found! We recently helped a client purchase a townhouse for $100K below what a similar unit sold for. Let us help you find the hidden gem in this market!