What Home Sellers & Buyers Need to Know

Whether you’re planning to sell your home or you’re just beginning your buying journey, keeping up with Vancouver’s real estate housing market update trends gives you an edge. Housing prices, sales activity, and investment opportunities shift with the seasons and understanding those changes can help you make smarter decisions.

This monthly market update covers the latest trends across Vancouver, with a closer look at East Vancouver housing activity and North Vancouver home prices. Our goal is to give you clear, useful insights whether you’re buying, selling, or just keeping an eye on the market.

Vancouver Real Estate Market at a Glance

After a slower start to the year, Vancouver’s real estate market is finding its rhythm again. While interest rates remain a key influence, there’s growing optimism among both sellers and buyers as we head into the spring selling season.

Recent Trends (as of February 2025):

• Home sales are stabilizing after a dip last year, with more serious buyers entering the market.
• New listings are up, giving buyers more options across property types.
• Detached homes are showing steady demand, while condos and townhomes remain popular with first-time buyers.
• Prices are holding firm in most areas, though there are subtle shifts depending on location and housing type.

For sellers, the current climate rewards homes that are well-priced and well-presented. For buyers, increased inventory means more breathing room to make thoughtful choices.

East Vancouver Housing Trends

East Vancouver continues to be one of the most dynamic areas in the city. With its mix of family-friendly neighborhoods, character homes, and access to downtown, demand remains high—particularly for homes that are move-in ready.

What’s happening right now:

• Detached homes in East Van are attracting families looking for space, especially in areas like Grandview-Woodland, Renfrew, and Hastings-Sunrise.
• Townhouses and condos remain competitive, particularly near transit lines and walkable areas like Mount Pleasant and Commercial Drive.
• Many sellers are seeing success when they stage their homes and price strategically, rather than aiming high and waiting.

If you’re thinking about selling in East Vancouver, now is a good time to take advantage of increasing buyer interest before competition ramps up later in the spring.

North Vancouver Home Prices

On the North Shore, the real estate market has been relatively steady. North Vancouver continues to appeal to families and nature lovers, with its access to hiking trails, great schools, and a tight-knit community feel.

Current pricing snapshot (as of early 2025):

• Detached homes are seeing strong interest, especially in neighborhoods like Lynn Valley, Blueridge, and Canyon Heights.
• Benchmark prices for detached homes in North Vancouver are sitting just over $2.2 million, slightly higher than the Metro Vancouver average.
• Condos and townhomes are also in demand, especially in Lower Lonsdale where walkability and amenities are major draws.

Buyers looking in North Vancouver should expect stable prices, but may have opportunities to negotiate—especially if a property has been sitting on the market for more than a few weeks.

What This Means for Sellers

If you’re a homeowner considering selling, the current market offers opportunities to get ahead of the seasonal rush. Buyers are active, but inventory is still catching up giving well-marketed homes a chance to shine. How to maximize your sale:

• List in early spring before competition rises.
• Focus on curb appeal and staging to stand out in online listings.
• Work with a local expert who understands how to price strategically in your neighborhood.

What This Means for Buyers

Now is a good time to explore your options, especially if you’ve been watching the market from the sidelines. With more listings coming online and slightly less pressure to rush, buyers can make informed decisions without getting caught in bidding wars.

• Get pre-approved so you can act quickly when you find the right home.
• Watch for price reductions or listings that have been on the market longer.
• Lean on a knowledgeable realtor who can spot value and negotiate smartly.

Is Now a Good Time to Invest?

Real estate investors continue to keep an eye on Vancouver for long-term growth potential. While the days of quick flips have cooled, there are still solid opportunities, especially in East Vancouver’s multi-family homes or North Van condos near transit hubs.

• Strong rental demand across the city
• Increased interest in co-ownership and multi-unit homes
• Long-term value in walkable, well-connected neighborhoods

Looking Ahead for the Best Selling and Buying timing for properties

As we move further into 2025, expect the Vancouver housing market update to remain balanced but still competitive in sought-after areas. If you’re thinking about making a move this year, preparation and expert guidance will make all the difference.

Whether you’re planning to sell in East Vancouver, buy in North Vancouver, or just want a better understanding of your options, the Ruth & David Group is here to help.