"A market made for buyers is missing buyers."
*Sales volume compared to March 2024 decreased about 11.4% and for the month was 36.8% below the 10-year seasonal average.
*The total number of listings available today is 37.9% higher than March 2024 and 44.9% above the 10-year seasonal average.
*Pricing changes compared to February 2025:
- Overall: +0.5%
- Detached: +0.4%
- Apartments: +1.0%
- Attached: +0.2%
*Sales-to-Active Ratio:
- Overall: 14.0%, a 0.1% increase from February 2025.
- Detached: 10.3% (-0.4%)
- Attached: 21.5% (+3.0%)
- Condominiums: 16.2% (-0.6%)
Analysts say that downward pressure on home prices occurs when the ratio dips below the 12% mark for a sustained period, while home prices often experience upward pressure when it surpasses 20% over several months.
For real estate related questions, please contact a Trusted Real Estate Advisor, Eva Li. www.EvaLi.ca
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.