Endless Southeast Views

2 Bed + Den, 2 Bath, 1,099sqft

Priced at $1,089,800

Open: Saturday, March 15th from 2-4pm

Click here for more...

Bright and spacious. Endless southeast views. This luxurious 2bed+den (easily 3rd rm)/2bath/1099sqft home w/9' ceilings, wrap-around covered balcony & an abundance of natural light will not disappoint. Features: engineered floors, Euro-inspired kitchen w/SS apps, hidden fridge, gas cooktop, marble counters & island w/bar. Enjoy the open layout w/spacious living & dining areas. The primary has walk-in closet & spa-like 5pc ensuite. The well-sized 2nd bed has a large closet & the den is a perfect home-office or potential 3rd rm. Benefits: 2 parking, locker & 40Ksqft of exclusive amenities; pool, gyms, games rm, theater rm, golf simulator & more! Located in the heart of Suter Brook: shops, dining, rec., Rocky Point, short walk to Skytrain & everything else. Act Now! Open house Saturday March 15th from 2-4pm.

Vancouver, BC – March 11, 2025. The British Columbia Real Estate Association (BCREA) reports that 4,947 residential unit sales were recorded in Multiple Listing Service® (MLS®) Systems in February 2025, down 9.7 per cent from February 2024. The average MLS® residential price in BC in February 2025 was down 2.4 per cent at $964,349 compared to $987,811 in February 2024.

The total sales dollar volume was $4.8 billion, an 11.8 per cent decrease from the same time the previous year. BC MLS® unit sales were 28 per cent lower than the ten-year February average.

“After several months of growing momentum, market activity was hampered in February by the uncertainty surrounding tariffs,” said BCREA Chief Economist Brendon Ogmundson. “Apprehension from prospective buyers will continue amidst this unfortunate trade war but may be somewhat tempered by lower interest rates on the horizon.

Year-to-date, BC residential sales dollar volume is down 4.5 per cent to $8.8 billion, compared with the same period in 2024. Residential unit sales are down 2.8 per cent year-over-year at 9,175 units, while the average MLS® residential price is also down 1.8 per cent to $958,366.

Click here for more...

Provided by: BCREA

VANCOUVER, BC – March 4, 2025 – After a 46 per cent year-over-year increase of new listings in January, the number of newly listed properties on the MLS® in Metro Vancouver* rose more moderately in February helping keep market conditions in balanced territory.

The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 1,827 on Metro Vancouver’s Multiple Listing Service® (MLS®) in February 2025, an 11.7 per cent decrease from the 2,070 sales recorded in February 2024. This total was 28.9 per cent below the 10-year seasonal average (2,571).

“After the rush of new listings in January, home sales and new listings in February were closer to historical averages, which has positioned the overall market in balanced conditions,” Andrew Lis, GVR’s director of economics and data analytics said. “With a potential Bank of Canada rate cut on the table for mid-March, homebuyers may find slightly improved borrowing conditions while enjoying the largest selection of homes on the market since pre pandemic times.”

There were 5,057 detached, attached and apartment properties newly listed for sale on the MLS® in February 2025. This represents a 10.9 per cent increase compared to the 4,560 properties listed in February 2024. This was 11.6 per cent above the 10-year seasonal average (4,530).

The total number of properties currently listed for sale on the MLS® system in Metro Vancouver is 12,744, a 32.3 per cent increase compared to February 2024 (9,634). This is also 36.4 per cent above the 10-year seasonal average (9,341).

Across all detached, attached and apartment property types, the sales-to-active listings ratio for February 2025 is 14.8 per cent. By property type, the ratio is 10.7 per cent for detached homes, 18.5 per cent for attached, and 16.8 per cent for apartments.

Analysis of the historical data suggests downward pressure on home prices occurs when the ratio dips below 12 per cent for a sustained period, while home prices often experience upward pressure when it surpasses 20 per cent over several months.

“Balanced market conditions typically bring a flatter price trajectory, and we’ve seen prices across all segments remain in a holding pattern for the past few months,” Lis said. “But with the active spring season just around the corner, it will be interesting to see whether buyers take advantage of some of the most favorable market conditions seen in years, and whether sellers change their willingness to bring their properties to market.”

The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $1,169,100. This represents a 1.1 per cent decrease over February 2024 and a 0.3 per cent decrease compared to January 2025.

Sales of detached homes in February 2025 reached 477, a 14.8 per cent decrease from the 560 detached sales recorded in February 2024. The benchmark price for a detached home is $2,006,100. This represents a 1.8 per cent increase from February 2024 and is virtually unchanged compared to January 2025.

Sales of apartment homes reached 976 in February 2025, a 10.6 per cent decrease compared to the 1,092 sales in February 2024. The benchmark price of an apartment home is $747,500. This represents a 2.8 per cent decrease from February 2024 and a 0.1 per cent decrease compared to January 2025.

Attached home sales in February 2025 totalled 359, a 10.9 per cent decrease compared to the 403 sales in February 2024. The benchmark price of a townhouse is $1,087,100. This represents a 1.2 per cent decrease from February 2024 and a 1.7 per cent decrease compared to January 2025.

Click here for more...

Provided by: Greater Vancouver REALTORS®

Editor’s Note:

*Areas covered by Greater Vancouver REALTORS® include: Bowen Island, Burnaby, Coquitlam, Maple Ridge, New Westminster, North Vancouver, Pitt Meadows, Port Coquitlam, Port Moody, Richmond, South Delta, Squamish, Sunshine Coast, Vancouver, West Vancouver, and Whistler.

Greater Vancouver REALTORS® is an association representing more than 15,000 REALTORS® and their companies. The association provides a variety of member services, including the Multiple Listing Service®. For more information on real estate, statistics, and buying or selling a home, contact a local REALTOR® or visit www.gvrealtors.ca.

Gorgeous, Endless Views

2 Bed + Den, 2 Bath, 1,201sqft

Priced at $1,198,800

Open: Sat, March 8th from 2-4pm

Click here for more...

Stunning views from every room! 180-degree outlook of mountains, water and city lights. This luxurious 2bed+den (easily 3rd rm)/2bath/1,201sqft home w/9’ ceilings, covered balcony & an abundance of natural light will not disappoint. Features: engineered floors, Euro-inspired kitchen w/SS apps, hidden fridge, gas cooktop, marble counters & island w/bar. Enjoy the open layout w/large living & dining areas. The primary has walk-in closet & spa-like 5pc ensuite. The well-sized 2nd bed has a large closet & the den is outfitted w/built-ins; perfect office or 3rd rm. Benefits: parking w/EV, 2 lockers & 40K+of amenities; pool, gyms, games rm, theater rm & more! In the heart of Suter Brook: shops, dining, rec., Rocky Point, short walk to Skytrain & everything else. Act Now! Open house Saturday, March 8th from 2-4pm.

Gorgeous, Endless Views

2 Bed + Den, 2 Bath, 1,201sqft

Priced at $1,224,800

Open: Sat, Feb 22nd from 2-4pm

Click here for more...

Stunning views from every room! 180-degree outlook of mountains, water and city lights. This luxurious 2bed+den (easily 3rd rm)/2bath/1,201sqft home w/9’ ceilings, covered balcony & an abundance of natural light will not disappoint. Features: engineered floors, Euro-inspired kitchen w/SS apps, hidden fridge, gas cooktop, marble counters & island w/bar. Enjoy the open layout w/large living & dining areas. The primary has walk-in closet & spa-like 5pc ensuite. The well-sized 2nd bed has a large closet & the den is outfitted w/built-ins; perfect office or 3rd rm. Benefits: parking w/EV, 2 lockers & 40K+of amenities; pool, gyms, games rm, theater rm & more! In the heart of Suter Brook: shops, dining, rec., Rocky Point, short walk to Skytrain & everything else. Act Now! Open house Saturday, February 22nd from 2-4pm.

Bright & Spacious Layout

1 Bed + Den, 637sqft

Now Priced at $474,800

Click here for more...

Enjoy the peace & tranquility this area has to offer. Welcome to UniverCity at SFU, Vancouver’s premier lifestyle neighborhood. This 1 bed & den, 1 bath 637sqft home, located in Novo I; a concrete, rental and pet friendly building will not disappoint. Perfect for investors, first time buyers, students & everyone else in between. Features: an abundance of natural light, an open layout, granite counters, laminate floors, well sized covered balcony. The bedroom has plenty of closet space and overlooks the balcony. Close to: transit, shopping, indoor/outdoor recreation & a host of perks available only to UniverCity residences. Do not miss your chance to enjoy living in this great neighborhood! Act Now!

Bright & Spacious Layout

1 Bed + Den, 1 Bath, 637sqft

Priced at $478,800

Open: February 15th from 1-2:30pm

Click here for more...

Enjoy the peace & tranquility this area has to offer. Welcome to UniverCity at SFU, Vancouver premier lifestyle neighborhood. This 1 bed & den, 1 bath 637sqft home, located in Novo I; a concrete, rental and pet friendly building will not disappoint. Perfect for investors, first time buyers, students & everyone else in between. Features: an abundance of natural light, an open layout, granite counters, laminate floors, well sized covered balcony. The bedroom has plenty of closet space and overlooks the balcony. Close to: transit, shopping, indoor/outdoor recreation & a host of perks available only to UniverCity residences. Do not miss your chance to enjoy living in this great neighborhood! Act Now! Open house Saturday, February 15th from 1-2:30pm.

Vancouver, BC – February 13, 2025. The British Columbia Real Estate Association (BCREA) reports that 4,221 residential unit sales were recorded in Multiple Listing Service® (MLS®) Systems in January 2025, up 6.4 per cent from January 2024. The average MLS® residential price in BC in January 2025 was down 1 per cent at $949,560 compared to $959,191 in January 2024.

The total sales dollar volume was $4 billion, a 5.3 per cent increase from the same time the previous year. BC MLS® unit sales were 12 per cent lower than the ten-year January average.

“As expected, 2025 is off to a better start in most regions across BC,” said BCREA Chief Economist Brendon Ogmundson. “January’s pickup in sales and listings may foreshadow a stronger 2025, caveated by global uncertainties which may trigger higher or lower rates from the Bank of Canada.”

Active listings in January 2025 climbed to 30,896 units, a 27 per cent increase from the same month last year. Normalizing trends in new listings, coupled with stronger sales activity in the past few months, have led to an accumulation of inventory. Moving forward, it remains crucial for supply to keep pace with growing demand to keep markets balanced and prevent rampant price appreciation.

Click here for more...

Provided by: BCREA

Just Sold!

Show Suite Condition

3 Bed, 2 Bath, 1,251sqft

Priced at $748,800

Click here for more...

Bright, spacious & open layout are just a few ways to describe this home. This 1,251sqft/3bed/2bath, corner unit is one of the larger plans in the Harmony complex. Your wait is over. Features: open living & dining rooms, laminate floors, fresh paint, new blinds, excellent room separation, spacious kitchen with eating area, SS apps & access to covered balcony. The large primary has ensuite w/soaker tub & walk-in closet. The well-sized 2nd & 3rd rooms complete this home. The Harmony complex offers gym facilities & allows for rentals & pets. Close to: transit, shopping, indoor/outdoor recreation & a host of perks available only to UniverCity residences. Do not miss your chance to enjoy living in this great lifestyle neighborhood!  Act Now.

VANCOUVER, BC – February 4, 2025 – Homes newly listed on the MLS® in Metro Vancouver* rose 46 per cent year-over-year in January, as sellers appear eager to enter the market to start the year.

The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 1,552 in January 2025, an 8.8 per cent increase from the 1,427 sales recorded in January 2024. This was 11.3 per cent below the 10-year seasonal average (1,749).

“In the three months preceding January, we’ve watched buyer demand gain momentum, but it appears that momentum is now shifting toward sellers to start the new year,” Andrew Lis, GVR’s director of economics and data analytics said. “Even with this increase in new listing activity, sales continue to outpace last years’ figures, signaling some buyer appetite remains after the upswing that finished off 2024.”

There were 5,566 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in January 2025. This represents a 46.9 per cent increase compared to the 3,788 properties listed in January 2024. This was 31.1 per cent above the 10-year seasonal average (4,247).

The total number of properties currently listed for sale on the MLS® system in Metro Vancouver is 11,494, a 33.1 per cent increase compared to January 2024 (8,633). This is 33.2 per cent above the 10-year seasonal average (8,632).

Across all detached, attached and apartment property types, the sales-to-active listings ratio for January 2025 is 14.1 per cent. By property type, the ratio is 9.2 per cent for detached homes, 18.5 per cent for attached, and 16.5 per cent for apartments.

Analysis of the historical data suggests downward pressure on home prices occurs when the ratio dips below 12 per cent for a sustained period, while home prices often experience upward pressure when it surpasses 20 per cent over several months.

“With new listings outpacing demand to start 2025, price trends saw little fluctuation in January across all segments, with the market overall standing in balanced conditions,” Lis said. “Our 2025 forecast calls for moderate price growth by the end of the year, but we have cautioned that shocks to the economy such as those currently threatening Canada via tariffs from the US could impact these estimates. Going forward, whether these tariffs actually come into force, the duration they remain in place, and the degree to which Canada retaliates will determine the impact to the housing market in our region in the months ahead, if any.”

The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $1,173,000. This represents a 0.5 per cent increase over January 2024 and a 0.1 per cent increase compared to December 2024.

Sales of detached homes in January 2025 reached 380, a 0.3 per cent increase from the 379 detached sales recorded in January 2024. The benchmark price for a detached home is $2,005,400. This represents a 3.1 per cent increase from January 2024 and a 0.4 per cent increase compared to December 2024.

Sales of apartment homes reached 846 in January 2025, a 13.4 per cent increase compared to the 746 sales in January 2024. The benchmark price of an apartment home is $748,100. This represents a 1.7 per cent decrease from January 2024 and a 0.2 per cent decrease compared to December 2024.

Attached home sales in January 2025 totalled 321, a 12.6 per cent increase compared to the 285 sales in January 2024. The benchmark price of a townhouse is $1,105,600. This represents a 2.7 per cent increase from January 2024 and a 0.8 per cent decrease compared to December 2024.

Click here for more...

Provided by: Greater Vancouver REALTORS®

Editor’s Note:

*Areas covered by Greater Vancouver REALTORS® include: Bowen Island, Burnaby, Coquitlam, Maple Ridge, New Westminster, North Vancouver, Pitt Meadows, Port Coquitlam, Port Moody, Richmond, South Delta, Squamish, Sunshine Coast, Vancouver, West Vancouver, and Whistler.

Greater Vancouver REALTORS® is an association representing more than 15,000 REALTORS® and their companies. The association provides a variety of member services, including the Multiple Listing Service®. For more information on real estate, statistics, and buying or selling a home, contact a local REALTOR® or visit www.gvrealtors.ca.

Gorgeous, Endless Views

2 Bed + Den, 2 Bath, 1,201sqft

Priced at $1,224,800

Open: Sat, Feb 8th from 2-4pm

Click here for more...

Stunning views from every room! 180-degree outlook of mountains, water and city lights. This luxurious 2bed+den (easily 3rd rm)/2bath/1,201sqft home w/9’ ceilings, covered balcony & an abundance of natural light will not disappoint. Features: engineered floors, Euro-inspired kitchen w/SS apps, hidden fridge, gas cooktop, marble counters & island w/bar. Enjoy the open layout w/large living & dining areas. The primary has walk-in closet & spa-like 5pc ensuite. The well-sized 2nd bed has a large closet & the den is outfitted w/built-ins; perfect office or 3rd rm. Benefits: parking w/EV, 2 lockers & 40K+of amenities; pool, gyms, games rm, theater rm & more! In the heart of Suter Brook: shops, dining, rec., Rocky Point, short walk to Skytrain & everything else. Act Now! Open house Saturday, February 8th from 2-4pm.

Vancouver, BC – January 27, 2025. The British Columbia Real Estate Association (BCREA) released its 2025 First Quarter Housing Forecast Update today.  

Multiple Listing Service^® (MLS^®) residential sales in BC are forecast to increase 14.3 per cent to 85,140 units this year. In 2026, MLS^® residential sales are forecast to strengthen further, rising to 87,670 units. 

“Markets across BC closed 2024 with significant momentum,” said BCREA Chief Economist Brendon Ogmundson. “While we are entering 2025 with a high level of optimism and expectations for increased activity, the potential for punishing tariffs on BC exports to the United States presents significant uncertainty for the outlook.”

Although new listings activity has been much stronger than last year, the accumulation of inventory in 2024 had much more to do with a prolonged slump in home sales. With active listings returning to more healthy levels across BC, we expect that the market will be able to absorb the coming rise in sales activity without a sharp increase in prices. Nonetheless, following a year of flat prices, the average price in BC is projected to rise by 4.5 per cent in 2025, driven by a strong recovery in overall housing demand. 

Click here for more...

Provided by: BCREA