Spring has arrived! It’s a beautiful time of year, with vibrant flowers emerging from the ground and cherry blossom trees coming to life, creating a stunning canopy overhead.
Spring is often seen as a season of renewed optimism in the real estate market. That’s certainly the case for my clients in Yaletown. Their home blends modern design with subtle historical character, offering both warmth and functionality. It’s also just steps from the many amenities and attractions Yaletown has to offer.
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Here are some snap shots of March data. Keep in mind, these numbers can change from neighbourhood to neighbourhood within each city. For details on a specific city, or neighbourhood, get in touch. Click here
THINKING OF BUYING OR SELLING REAL ESTATE? CONTACT ME AND I’LL WALK YOU THROUGH THE STEPS.
Home sales registered on the MLS® in Metro Vancouver continue evolving at a pace similar to last year, with the sales down roughly three per cent from last March.
“We continue to see fewer sellers stepping into the market than last year, which is keeping inventory levels relatively flat. Pairing this dynamic with sales remaining below long-term averages, we’re not seeing prices move significantly in either direction,” said Andres Lis, GVR chief economist and vice-president data analytics. “And while the political uncertainty over tariffs may have diminished relative to what we saw in early 2025, the conflict in the middle east is now putting upward pressure on bond yields and fixed mortgage rates.
“As a result, it’s reasonable to expect there may be a dampening effect on demand as we head into the spring market, absent a swift resolution to the conflict.”