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Market Stats: Greater Vancouver Real Estate Holds Steady

April 15th, 2025
According to Royal LePage's March 2025 Greater Vancouver Market Stats Report, the first quarter of 2025 has been a "wild ride" shaped by a steady stream of headline driven volatility. However, when it comes to the average cost of a home across Greater Vancouver, values have climbed to $1,239,638, an increase of 2.25 per cent from the January low of $1,212,072. On a month-over-month basis, pri ...

Strong Commercial Real Estate Activity in Pemberton for Q1 2025

April 4th, 2025
Pemberton, BC – March 31, 2025 – The first quarter of 2025 proved to be exceptionally active in the commercial real estate market of Pemberton, with a combination of key market drivers fueling substantial transactions. Limited supply, heightened activity from First Nations' new business models, and Pemberton’s continued residential growth trajectory created an environment ripe for strategi ...

2025 Recreational Property Market: An Increase in Sight for Canada's Favourite Destinations

March 29th, 2025
With Spring just around the corner, I’m sharing the annual Royal LePage Recreational Property Report, for which I contribute as the Royal LePage agent for the Pemberton and Whistler recreational markets. According to the recently released Spring Recreational Property Report, the median price of a single-family home in Canada’s recreational regions is projected to rise by 4.0% in 2025, reachin ...

January Reflects a Market in Transition

February 21st, 2025
January reflected a market in transition, with expanding inventory levels creating more options for buyers. While buyer confidence showed some hesitation, leading to declines in both sales and prices across all property segments, this shift may present new opportunities for those looking to enter the market. Whether this slowdown is a temporary adjustment or an early indicator of a broader tr ...

Royal LePage Sussex Statistics Speak Volumes

January 24th, 2025
Thanks to your trust, support, and confidence, Royal LePage Sussex continues to lead the market—outperforming our competitors by nearly three times in volume. For the fourth consecutive year, we’ve surpassed over a billion dollars in Real Estate sales, making us the only brokerage on the North Shore to ever reach this milestone. CLICK HERE TO SEE ALL THE NUMBERS /

Canadian Housing Market 2025: A Return to Stability

January 15th, 2025
Over the past few years, the Canadian housing market has faced unprecedented challenges, from the effects of a global pandemic to surging interest rates and economic uncertainty. These disruptions have created atypical trends, pushing the real estate market far from its usual trajectory. However, as 2025 unfolds, the outlook appears brighter, with conditions expected to align more closely wit ...

Royal LePage 2024 Winter Recreational Property Report

November 17th, 2024
As a regular contributor to Royal LePage’s West Coast Recreational Report, I was asked to share my insights on the current state of the recreational property market in Whistler and Pemberton. I’ve included links to the full Canadian Report at the bottom of this postRoyal LePage® forecasts a 7.5% increase in single-family home prices in Canada's ski regions over the next year, despite a 0.4% d ...

Vancouver Market Heats Up

November 5th, 2024
Rising Sales and Stable Prices Amid Interest Rate Drops. In October, home sales in Greater Vancouver surged across all asset classes, reflecting a dynamic shift in the market. A total of 2,624 properties went under contract, a remarkable 42 per cent increase from the previous month and a 37 per cent year-over year rise. Despite this upswing in sales volume, home prices remained relatively st ...

Housing Market Report
GVR October 2024 MLS®

November 4th, 2024
In October 2024, Metro Vancouver's housing market experienced a significant turnaround, with home sales rising over 30% year-over-year after months of subdued activity. According to the Greater Vancouver REALTORS® (GVR), 2,632 residential sales were recorded, reflecting a robust 31.9% increase from the previous October, although still falling short of the ten-year seasonal average. This surge ...

Key Mortgage Reforms
to Enhance Affordability and Flexibility

October 28th, 2024
With upcoming mortgage reforms designed to enhance affordability and flexibility, both homebuyers and homeowners should anticipate major changes. Staying informed about these developments is crucial. Here are a few of the changes:Refinance up to 90% of your home’s value to build a secondary suite (effective January 15th, 2025) Homeowners can refinance up to 90% of their property’s value, incl ...
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