The 2025 spring real estate market in Vancouver is off to a lukewarm start, impacted by broader economic concerns such as U.S. tariffs and the upcoming Canadian federal election. According to Royal LePage, many buyers are adopting a wait-and-see approach, leading to slower activity and transaction volumes that remain below the 10-year seasonal average.
That said, the market still holds strong fundamentals:
- Lower lending rates
- Increased household savings
- Stable home prices
- Higher inventory levels
A recent Royal LePage survey shows that 50% of Vancouver residents are lacking confidence in the Canadian economy, with only 17% planning to purchase a home this year. Notably, 9% have delayed their plans due to economic or political uncertainty.
What This Means for You
In uncertain times, working with a knowledgeable REALTOR® can make all the difference. I stay on top of market trends so my clients can make informed decisions—whether buying, selling, or simply exploring their options.
If you’re considering a move or have questions about how these market conditions could affect your plans, let’s connect. I’m here to help you navigate the shifting real estate landscape with confidence. CONTACT ME