The Greater Vancouver housing market continues at a steady pace, with both buyers and sellers taking a more thoughtful approach this spring.

In March 2026, residential sales across Metro Vancouver totaled 2,032 homes. That was down 2.8% from March 2025 and below the 10 year seasonal average. At the same time, there were 14,774 active listings on the market, providing buyers with a wide range of options.

New listings reached 5,792 in March. While this was lower than last year, it remains in line with typical seasonal levels, helping keep inventory balanced.

Buyers Are Seeing More Options

With more homes available, buyers are in a position to take their time and compare opportunities more carefully.

The sales to active listings ratio across all property types was 14.2% in March. This places the market in balanced territory.

By property type:

• Detached homes: 11%

• Attached homes: 17.2%

• Apartments: 15.7%

These numbers show that while conditions vary slightly by property type, overall market activity remains stable.

Prices Are Holding Steady Month to Month

The benchmark price for all residential properties in Metro Vancouver is $1,104,300.

While this is lower than last year, prices have remained relatively stable on a month to month basis, showing signs of consistency as the market moves through the early spring season.

Detached homes saw 571 sales in March, up 8.3% from last year. The benchmark price is $1,854,800, with a small increase compared to February.

Apartment sales totaled 999 homes, and townhome sales reached 446. Prices in these segments have remained steady month to month, with only minor changes.

Detached Segment Showing Positive Momentum

One of the key takeaways from this update is the shift happening between property types.

Detached homes saw an increase in sales, while apartments and townhomes remained more measured. This suggests that different segments of the market are moving at different speeds, which is common in a balanced market.

Market Conditions Remain Stable Overall

External factors such as interest rates and global events continue to play a role in buyer decision-making. However, the current market is showing stability, with no major swings in either direction.

This creates an environment where both buyers and sellers can make more informed and confident decisions.

What This Means for Buyers and Sellers

For buyers, today’s market offers more selection and the ability to move at a comfortable pace.

For sellers, well-prepared and well-priced homes are continuing to attract attention, especially when they are positioned correctly for today’s conditions.

A Note for North Shore Buyers and Sellers

This update is based on data from Greater Vancouver REALTORS and reflects the overall Greater Vancouver market.

Conditions can vary by area, and we are seeing some differences on the North Shore. I will break those down in upcoming posts focused specifically on North Vancouver and West Vancouver.

Final Thoughts

The March 2026 market reflects a steady and balanced environment.

There is good selection for buyers, stable pricing, and continued activity across all property types. While the pace is more measured than in past peak markets, it is creating a more predictable and manageable environment for both buyers and sellers.

If you would like to understand what this means for your home, your building, or your buying plans on the North Shore, a local breakdown can provide a clearer picture.

The North Shore real estate market is sending a clear message right now—but it’s not one you’ll hear in headlines alone.

Inventory is rising. Prices have softened. And yet, certain homes are still selling quickly—sometimes within days. This creates a market that feels uncertain on the surface but reveals strong opportunities underneath for those who understand what’s really happening.
“Buyers are active—but only when the right property shows up.”

This is not a stalled market. It’s a selective one. And understanding that distinction is where smart decisions begin.

Insights for Buyers

Buyers are active across North Vancouver and West Vancouver—but many are hesitating at the final step.

Open houses are busy. Online interest is strong. Yet offers are slower to come. The reason is not lack of demand—it’s lack of confidence. Many buyers, especially first-time condo buyers, are waiting for reassurance that this is the “right time” to buy.
“First time buyers are not waiting for the perfect unit—they’re waiting for the perfect time. Experienced buyers know it’s the perfect time and will act when the right unit comes on the market”

This hesitation is often driven by headlines, economic uncertainty, and fear of short-term price movement. But the buyers who are moving forward today are taking a different view. They see today’s softer pricing and increased selection as an opportunity to enter the market with better terms—before competition returns.

At the higher end of the market, this mindset is even more clear. In the past two weeks alone, several homes in the $3.5M to $4M range in Edgemont and Canyon Heights sold within one week. These buyers are not waiting—they are prepared, informed, and decisive.

The takeaway is simple:
Well-informed buyers are already acting. The opportunity window is open—but it won’t stay open indefinitely.

Insights for Sellers

For sellers, today’s market requires a sharper, more strategic approach than in recent years.

The key factor driving results right now is pricing. Homes that are priced accurately are selling. Those that are not are sitting—and often undergoing price reductions.

“It’s all about price. If you’re not priced sharply, you’re just not going to sell.”

This applies across both condos and detached homes, but the dynamics differ. Detached homes—especially unique properties—face less direct competition. When a well-priced, desirable home comes to market, buyers recognize it quickly and act.

Condos, on the other hand, face higher inventory and more direct competition. Buyers have options, and they are taking their time. This means sellers must be even more precise—not only in pricing, but in positioning their property to stand out.

The opportunity for sellers still exists—but it requires alignment with current market conditions. Those who adapt are achieving results. Those who don’t are being left behind.

Market Outlook

Looking ahead, the market is at an important point in its cycle.

Two key indicators are being closely watched:

• An increase in sales activity

• A reduction in price adjustments

These signals will help determine when momentum begins to shift.

At the same time, a notable opportunity is emerging between North Vancouver and West Vancouver. Historically, the price gap between similar detached homes has exceeded $1 million. Today, that gap has narrowed to under $1 million.

In past cycles, this narrowing has typically led to increased demand in West Vancouver. However, that shift has not yet materialized. Buyers continue to favor North Vancouver, suggesting that lifestyle preferences and perceived value are currently outweighing price differences.

This creates a unique window:
Opportunities are out there.

Summary & Next Steps

The current North Shore market is not defined by weakness—it’s defined by selectivity.

• Buyers are cautious—but active

• Sellers can succeed—but must price correctly

• Opportunities exist—but require informed action

  
  “It’s a great time to buy.”

Davis Kosowan is a Real Estate agent with Oakwyn Realty in North Vancouver, British Columbia.

The Greater Vancouver real estate market has been active, but not always fast. Over the past 60 days, buyers and sellers in Greater Vancouver, North Vancouver, and West Vancouver have been making decisions in a market shaped by more inventory, softer prices in some segments, and a cautious mood tied to interest rates and global uncertainty. That has created a market where some homes sit longer, some buyers hold back, and yet well-priced properties can still move quickly and even attract multiple offers.

Davis Kosowan has been tracking this closely. His recent market observations point to a pattern many people can feel but may not fully understand at first glance: this is a market where timing, pricing, and property type matter more than ever. As Davis puts it, “This is not a frozen market. It is a selective market. Buyers have more choice, but the best opportunities still get attention fast.”

Insights for Buyers

For buyers, the biggest change has been choice. Across Greater Vancouver and North Vancouver in particular, inventory has been running higher than last year in several housing types. Detached homes and condos have both seen more listings, giving buyers more room to compare options and negotiate. In many cases, this has taken some pressure off compared with the faster conditions buyers faced in earlier markets. At the same time, not every part of the market is moving the same way. Entry level condos and well-priced homes can still draw strong interest, especially when they are in good condition and priced where buyers see value.

One recent example: a buyer looking five entry-level condos priced lower than perceived “market value.” On paper, it looked like a market full of opportunity. But once the buyer dug deeper, it became clear that the better units were still drawing serious attention and some lower-priced options had tradeoffs in layout, condition, or building quality. Davis’s read on the situation helped narrow the field and keep the buyer focused on true value, not just price. “More listings do not always mean easier choices,” says Davis. “A buyer still needs to know which homes are priced right, which ones have hidden issues, and which ones may attract competition.”

Insights for Sellers

For sellers, the message is simple: the market still works, but it is less forgiving. In North Vancouver and West Vancouver, there have still been homes selling over list price, even while overall sales have been lower in some categories. That tells us buyers are not gone. They are simply more careful. Homes that are well presented, well priced, and clearly worth the asking price are still getting action. Sellers who miss the mark on price or presentation may sit on the market longer than expected.

A good example is the difference between average listings and standout listings. Over the past 60 days, some sellers have entered the market expecting last cycle pricing, only to find that buyers now have more options and less urgency. Others have followed a more disciplined plan and been rewarded. Davis has seen that sellers who face the market honestly from day one often do better than sellers who “test” the market too high. “Today, buyers are watching closely,” Davis says. “If a home looks sharp and the price makes sense, they will move. If not, they wait.” That is especially important in a market where benchmark prices in some segments have eased from last year.

Market Outlook

Looking ahead, the market appears balanced but watchful. In Greater Vancouver, sales have been lower year over year, while listings have been higher. That usually gives buyers more leverage and puts pressure on sellers to be realistic. At the same time, there are signs of demand waiting on the sidelines. Mortgage pre-approvals, stable rate expectations, and improving move-up opportunities suggest that some buyers are preparing to act once they feel more confident.

There may also be good opportunity for move-up buyers right now. In recent observations, the price gap between North Vancouver and West Vancouver detached homes has been narrower than usual, which may create a window for some homeowners looking to upgrade. Townhomes have also been one of the stronger segments in North Vancouver, showing that demand still exists where value and lifestyle line up well. The challenge ahead is that inflation and rising fixed mortgage rates could limit how much momentum the market builds in the near term. “This market is giving people options,” says Davis. “But the people who do best are the ones who understand where the pressure points are before they make a move.”

Summary

The Greater Vancouver market is giving buyers more choice, but the best homes can still sell fast. Sellers can still get strong results, but pricing and presentation matter a lot more now. North Vancouver and West Vancouver both offer chances for smart buyers and sellers, especially when they understand what is happening in the market right now.

If you are thinking about buying, selling, or moving within Greater Vancouver, North Vancouver, or West Vancouver, connect with Davis Kosowan for advice based on what is happening in the market today. A good plan can help you avoid mistakes and spot the right opportunity.

The past 60 days across Greater Vancouver have created mixed signals for homeowners and buyers. January sales began the year approximately 28 percent lower than the same time last year and well below the 10 year seasonal average. That headline alone has caused hesitation.

Yet on the ground in Greater Vancouver, North Vancouver, and West Vancouver, activity is not uniform. Some segments are moving steadily. Others are slower. Buyers are cautious, but they are not absent.

Davis Kosowan has been tracking this closely.

“When you look past the headlines and study what is actually selling, you see opportunity. The market is selective, not stalled.”

Here is what that means for buyers and sellers right now.

Insights for Buyers

Over the past two months, many buyers assumed slower overall sales would create heavy negotiating power. Some entered the market expecting substantial discounts simply because activity was down year over year.

What we have seen instead is targeted competition in the entry-level and well-priced segments. One recent example: a buyer looking five entry-level condos priced lower than perceived “market value.” Roughly 75 percent of those homes had accepted offers. These were not bidding wars across the board, but they were clear signals that well-priced properties are attracting real demand.

“Buyers who wait too long on properly priced homes are learning that someone else will step forward,” Davis explains.

This is still a healthier market than the peak frenzy years. Buyers can conduct inspections, review documents carefully, and negotiate terms in many situations. But hesitation on strong value properties is proving costly. Preparation and decisiveness are separating successful buyers from frustrated ones.

Insights for Sellers

For sellers across Greater Vancouver, the past 60 days have reinforced one central theme: pricing strategy is everything.

Homes entering the market aligned with recent comparable sales are generating activity. Properties launched above recent market evidence are sitting longer and often adjusting later. This pattern has been visible in both North Vancouver and West Vancouver, particularly in the condo and mid-range detached segments.

In one recent case, two similar properties launched within weeks of each other. The one positioned at market value attracted early showings and secured an offer. The other tested a higher price and experienced extended days on market before repositioning.

“Today’s buyers are educated,” says Davis. “They know recent sales. When pricing reflects reality, they act.”

Sellers who prepare their homes properly and align with current conditions are still achieving solid results. Those who ignore market evidence are experiencing delays.

Subject to Sale offers are common.

Market Outlook

Looking ahead, selective strength is likely to continue. Entry-level and well-priced properties should remain the most active segments. Downsizers and lifestyle-driven moves continue to generate steady demand, especially in established communities within Greater Vancouver.

Challenges remain. Affordability pressures persist. Buyer confidence is cautious. Homes priced beyond what recent sales support may face longer timelines. However, properly positioned properties are proving that demand still exists.

“This market rewards informed decisions,” Davis notes. “Clients who understand current data and act strategically are gaining an advantage.”

Summary 

Here is what the last 60 days show:

• Overall sales are lower than last year.
• Well-priced homes are still selling.
• Buyers are careful but active.
• Pricing correctly is the key to success

The market is steady, not frozen. It favours preparation, realism, and smart timing.

After a slow start to the year, July’s real estate numbers confirm what many of us are seeing on the ground—sales are picking up again. Home sales were almost on par with this time last year, and the steady activity from June has continued into summer. While borrowing costs haven’t dropped again just yet, interest rate stability is helping restore buyer confidence. For anyone waiting for a sign to make a move, this is it.

Inventory levels remain high, with over 17,000 homes currently listed—well above the 10-year average. That means buyers still have plenty of options, and prices have stayed relatively flat. Sellers should take note: with more activity and stable pricing, the window of opportunity to list before competition tightens is still open. In other words, we’re in that sweet spot where the market is balanced, but change is brewing.

Whether you're buying or selling, this shift brings real opportunity. Buyers can still shop with leverage, and sellers who list now can avoid competing in a busier fall market. If you’re wondering what these numbers mean for your specific situation, let’s connect.

CLICK to CONNECT

May saw inventory levels across Metro Vancouver reach another ten-year high, while home sales registered on the MLS® remained muted.  

The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 2,228 in May 2025, an 18.5 per cent decrease from the 2,733 sales recorded in May 2024. This was 30.5 per cent below the 10-year seasonal average (3,206).  

“While there are emerging signs that sales activity might be turning a corner, sales in May were below the ten-year seasonal average, which suggests that some buyers are still sitting on the sidelines or are being especially selective,” said Andrew Lis, GVR’s director of economics and data analytics. “On a year-to-date basis, sales in 2025 rank among the slowest to start the year in the past decade, closely mirroring the trends seen in 2019 and 2020. It’s worth noting that sales rebounded significantly in the latter half of 2020, but whether sales in 2025 might follow a similar pattern remains the million-dollar question.”  

There were 6,620 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in May 2025. This represents a 3.9 per cent increase compared to the 6,374 properties listed in May 2024. This was 9.3 per cent above the 10-year seasonal average (6,055).  

The total number of properties currently listed for sale on the MLS® system in Metro Vancouver is 17,094, a 25.7 per cent increase compared to May 2024 (13,600). This is 45.9 per cent above the 10-year seasonal average (11,718).  

Across all detached, attached and apartment property types, the sales-to-active listings ratio for May 2025 is 13.4 per cent. By property type, the ratio is 10.2 per cent for detached homes, 17.4 per cent for attached, and 14.7 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 some of the healthiest levels of inventory seen in years, many sellers are adjusting price expectations, which has provided buyers more negotiating room and kept a firm lid on price escalation over the past few months,” Lis said. “From a seasonal perspective, sales in the summer months are typically quieter than the spring, but with such an unusually slow spring, we may have an unusually busy summer with so many having delayed their purchasing decisions. Either way, the market continues tilting in favour of buyers, which bodes well for anyone looking to make a purchase this summer.”  

The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $1,177,100. This represents a 2.9 per cent decrease over May 2024 and a 0.6 per cent decrease compared to April 2025.  

Sales of detached homes in May 2025 reached 654, a 22.7 per cent decrease from the 846 detached sales recorded in May 2024. The benchmark price for a detached home is $1,997,400. This represents a 3.2 per cent decrease from May 2024 and a 1.2 per cent decrease compared to April 2025.  

Sales of apartment homes reached 1,087 in May 2025, an 18.8 per cent decrease compared to the 1,338 sales in May 2024. The benchmark price of an apartment home is $757,300. This represents a 2.4 per cent decrease from May 2024 and a 0.7 per cent decrease compared to April 2025.  

Attached home sales in May 2025 totalled 469, a 10.3 per cent decrease compared to the 523 sales in May 2024. The benchmark price of a townhouse is $1,106,800. This represents a 3.4 per cent decrease from May 2024 and a 0.4 per cent increase compared to April 2025.

Click Here to Connect with Davis

Condo Specialist North Vancouver – If you’re preparing to list your condo in today’s North Vancouver real estate market, you want to make sure it shines—and that you walk away with the best possible sale price. The right preparation can make a huge difference in both buyer interest and final offers.

What we’re going to cover:

We’ll walk through the key steps that can help you maximize your condo’s value before listing—so you know what to focus on and what really matters to buyers.

Why it matters:

In a competitive North & West Vancouver property listings market, well-prepared condos stand out. The better your presentation, the stronger your buyer interest and negotiating power.

Why it's important to you:

Whether you're aiming for top dollar, a quick sale, or both, these steps will help ensure your condo hits the market in its best possible light—so you can achieve your goals.

📌 Disclaimer: This is for informational purposes only and should not be considered real estate advice. Always verify information independently and consult with a qualified professional before making any real estate decisions.

Step 1 – Start with a Professional Home Sale Readiness Audit

Before you think about pricing or marketing, start with a Home Sale Readiness Audit. This professional assessment focuses on your condo’s current condition and identifies simple, high-impact improvements to help it stand out.

Why this matters:

• Pinpoints any quick fixes or updates that could boost buyer appeal

• Helps you avoid over-renovating or spending unnecessarily

• Targets the elements that influence first impressions—which is where buyers form value judgments

The result: a clear plan to get your condo ready for the North Vancouver real estate market with confidence.

Book My 12 Point Home Readiness Audit

Step 2 – Get a Comparative Real Estate Market Analysis (CMA)

Once your condo is audit-ready, it’s time for a Comparative real estate market analysis (CMA). This gives you a true picture of what similar properties are selling for—and where your condo will fit in the current market.

Why this matters:

• Pricing is everything—and smart pricing starts with a solid CMA

• The North & West Vancouver property listings market is dynamic, and buyer expectations shift quickly

• An accurate CMA helps you price competitively while protecting your value

Book My Sellers Consultation

Step 3 – Focus on High-Impact Improvements

Some updates offer excellent return on investment—others don’t. Focus on what today’s buyers notice most:

Fresh Paint & Neutral Tones

A simple paint refresh can make a condo feel brand new. Stick to neutral, modern colours.

Updated Lighting & Fixtures

Modern lighting, faucets, and hardware instantly elevate the space.

Minor Kitchen & Bathroom Touches

New cabinet handles, faucet updates, or a statement light fixture can dramatically improve buyer perception without major expense.

Step 4 – Declutter and Depersonalize

Less is more. Buyers want to envision their life in your space—not yours.

• Clear surfaces

• Remove excess furniture

• Store personal photos and memorabilia

This helps buyers mentally move in—which leads to better offers.

Step 5 – Stage for the Target Market

Every neighbourhood and price point in North & West Vancouver has its own buyer profile. Your staging should match that profile.

A Condo Specialist North Vancouver can help tailor staging for:

• Downsizers seeking turnkey luxury

• First-time buyers valuing smart, modern finishes

• Investors looking for rental-ready appeal

Step 6 – Maximize Curb Appeal (Yes, Even for Condos)

Buyers start forming opinions before they enter your unit. Make sure the approach is welcoming:

• Clean entryway and door

• If allowed, tasteful door mat or plant

• Engage your strata if lobby or hallway updates are needed—you’d be surprised how much this matters

Step 7 – Professional Photography & Marketing

Online presentation is everything in today’s North Vancouver real estate market.

Professional photos, floorplans, and high-quality marketing bring:

• More views

• More showings

• More offers

Buyers shop with their eyes first—and standout visuals give your condo an edge.

Final Tips: Is Now the Right Time to List?

With high inventory in many segments of North & West Vancouver property listings, presentation & price matter.

A Condo Specialist North Vancouver can:

• Help you get the best possible results in today’s market.

Ready to Maximize Your Condo’s Value?

Click the button below to connect with Davis—to book a Home Sale Readiness Audit, request a free market analysis, or simply grab a coffee and ask a question.
Click here to connect with Davis

Want to know what buyers look for?
7 Things to Check in Strata Documents Before Buying a Condo

#CondoSpecialistNorthVan
#MaximizeCondoValue
#NorthVanRealEstate
#RealEstateTips
#NorthVanListings

Real Estate Agent North & West Vancouver – Thinking about buying a pre-sale condo? You’re not alone. In a changing market, many buyers ask whether locking in a brand-new home before it's built is a smart move—or a risky one.

What we’re going to cover:

We’ll break down the real pros and cons of buying pre-sale condos in today’s Vancouver market so you can decide if it's the right fit for your goals.

Why it matters:

Buying pre-sale can be exciting, but it comes with a unique set of timelines and risks. Knowing what you're signing up for can save you thousands and set you up for success.

Why it's important to you:

Whether you’re a first-time buyer living rent-free at home, or paying top dollar for rent each month, your situation will determine whether buying a pre-sale is your best next step.

📌 Disclaimer: This is for informational purposes only and should not be considered real estate advice. Always verify information independently and consult with a qualified professional before making any real estate decisions.

Pros of Buying a Pre-Sale Condo in Vancouver

✅ Potential Incentives from Developers

Right now, the pre-sale market is slower, which means some developers are offering bonuses, like decorating allowances, credits, or flexible deposit terms. These offers weren’t common a couple of years ago—but today, they can give you an edge.

✅ Full Warranty Coverage

New homes come with comprehensive warranties through BC's 2-5-10 home warranty program. That means peace of mind for years to come, with protection on structure, systems, and finishes.

✅ Time to Plan Ahead

If you’re not in a rush to move, a pre-sale can be a smart way to get into the market. For example, if you're living at home rent-free, it can give you time to save and prepare while securing a home at today’s price.

✅ Good for Long-Term Value & Rentals

Choosing the right location and building can pay off over time. Well-located pre-sales often attract premium renters who want something new and stylish.

And if you’re planning to live in it, it can be a great first step into homeownership without competing in today’s resale market.

Cons of Buying a Pre-Sale Condo in Vancouver

❌ Long Wait Times

Pre-sales often don’t complete for 2–3 years, which isn’t ideal if you’re currently paying high rent. That’s a lot of money spent without building any equity.

❌ Market Uncertainty

The market can change while you wait. What seems like a good deal today might not be as appealing in a few years—or could turn out even better. The truth is, you’re buying into the unknown.

❌ Limited Inventory Visibility

With a pre-sale, you’re buying based on floorplans and showrooms. You can’t walk through the actual unit, which can sometimes lead to surprises.

Click the button below to connect with Davis—to view a presale, book a consultation, or simply grab a coffee and ask a question.

Connect With Davis

So, Is Buying Pre-Sale a Smart Move?

It depends on your situation.

If you’re living rent-free and can comfortably wait 2–3 years, a pre-sale might work perfectly—especially if you find a developer offering strong incentives.

But if you’re in an expensive rental, and the pre-sale won’t complete for years, it might not make sense to keep paying rent while waiting. In that case, it could be better to buy an existing condo now, start building equity, and take advantage of today’s high inventory and motivated sellers.

When Pre-Sale Makes Sense:

• You’re downsizing and want time to prepare, sell, and move slowly

• The market is hot and resale options are going in multiple offers

• You’re not in a rush and want brand-new construction with a warranty

• You’ve found a building and location you genuinely love for long-term value

Final Thoughts

Our market is always changing. Before committing to a pre-sale, check if there are any great resale deals first. There may be move-in-ready options that get you out of renting and into ownership sooner than you think.

Whether you’re downsizing, investing, or buying your first home, I can help you compare your options and decide if a pre-sale is right for you.

Other blog posts:

How to Buy and Sell at the Same Time—Without the Stress (Or Risk of Being Homeless)

What to Know Before Buying a Condo in North Vancouver: Insights from a Condo Specialist

Click the button below to connect with Davis—to view a presale, book a consultation, or simply grab a coffee and ask a question.

Connect With Davis

#VancouverPresales #CondoBuyingTips #RealEstateNorthVan #PreSalecondos #NorthVanCondos

One of the most common concerns I hear from clients is:
“How do I buy and sell at the same time without being stuck—or worse, temporarily homeless?”
Whether you're downsizing, upsizing, or simply making a lifestyle move, the idea of timing it all perfectly can be overwhelming.

But there’s a better way—and it’s working for many of my clients right now.

The Buy First, Sell Later Strategy

You're living in your current home (House #1), mortgage-free or with equity, and you’re ready for a change. But the idea of selling first, then scrambling to find your next home?
That’s risky, rushed, and often leads to regret.

This strategy flips the script—and puts you in control.

Connect with Davis

How It Works

• Step 1: You find and buy your next home first—without having to sell your current one immediately.

• Step 2: You move in calmly and comfortably—no boxes stacked to the ceiling during showings, no pressure.

• Step 3: A short-term mortgage is secured using the combined value of both properties (your current home and the new one).

• Step 4: The mortgage covers:

  • Purchase price of your new home

  • Property transfer tax

  • 3 months of interest (no monthly payments required)

  • One-time setup fee (~2%, typically built into the financing)

• Step 5: Once you’re settled in, you prepare and sell your original home properly—clean, staged, and timed to get top value.

• Step 6: After the sale, you pay off the short-term mortgage in full. No long-term debt, no disruption.

💡 Example 1: The Downsizer

• Current Home (House #1): Worth $2.3M, mortgage-free

• Next Home (House #2): $1.8M condo or townhome

• Total Value Secured: $4.1M

• Short-Term Mortgage Covers:

  • $1.8M purchase price

  • Property transfer tax

  • 3 months of interest

  • No monthly payments

🎯 Once House #1 is sold, the mortgage is cleared. You’re now comfortably in your new home and zero pressure. It’s time to sell house #1.

💡 Example 2: The Move-Up Buyer

• Current Home (House #1): Worth $2.0M

• Next Home (House #2): $3.9M

• Total Asset Value: $5.9M

• You secure a short-term mortgage on both homes that covers the $3.9M purchase + costs.

🎯 This lets you secure the home you really want—before selling. You move in, then take your time to list and sell your current home the right way.

Why This Works (What’s In It for You)

✅ No pressure to sell and buy at the same time
✅ Avoid showings, open houses, and cleaning while living in the home
✅ No need to tap into savings—costs are included
✅ No income qualification required — ideal for retirees or people on a pension
✅ Perfect for busy lives with kids, pets, work, or travel
✅ More control over when and how you move
✅ Better results when you sell because you’ve had time to prepare

This Strategy is Ideal For:

• Seniors who want to downsize calmly without risking their routine

• Professionals or families who found the right home and don’t want to miss out

• Anyone feeling stuck because the logistics of buying and selling at once feels impossible

The key is to plan ahead—while it’s a choice, not a necessity.
Give yourself time, and give your agent the ability to guide you through the process without chaos.

If you’ve found a home you love but don’t know how to make the transition without disrupting your life, this Buy First, Sell Later strategy might be your best next step.

I’m here to walk you through the details, show you how the numbers work, and help you make a move that fits your timeline, not someone else’s.

Ready to Explore Your Options?

Let’s walk through your numbers and timeline. I’ll show you exactly how this could work in your situation—step by step.

Click the button below to connect with Davis about real estate.
Connect with Davis

April 2025 saw home sales in Metro Vancouver drop nearly 24% year-over-year, despite improved borrowing conditions and growing inventory. With prices holding relatively steady and more listings on the market than we’ve seen in a decade, buyers may find this a rare window of opportunity.

Connect with Davis

read this article from Greater Vancouver Realtors:

The slowdown in home sales registered on the Multiple Listing Service® (MLS®) in Metro Vancouver that began early this year continued in April, with sales down nearly 24 per cent year-over-year. 

The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 2,163 in April 2025, a 23.6 per cent decrease from the 2,831 sales recorded in April 2024. This was 28.2 per cent below the 10-year seasonal average (3,014). 

“From a historical perspective, the slower sales we’re now seeing stand out as unusual, particularly against a backdrop of significantly improved borrowing conditions, which typically helps to boost sales,” said Andrew Lis, GVR’s director of economics and data analytics. “What’s also unusual is starting the year with Canada’s largest trading partner threatening to tilt our economy into recession via trade policy, while at the same time having Canadians head to the polls to elect a new federal government. These issues have been hard to ignore, and the April home sales figures suggest some buyers have continued to patiently wait out the storm.” 

There were 6,850 detached, attached and apartment properties newly listed for sale on the MLS® in Metro Vancouver in April 2025. This represents a 3.4 per cent decrease compared to the 7,092 properties listed in April 2024 and was 19.5 per cent above the 10-year seasonal average (5,731) for the month. 

The total number of properties currently listed for sale on the MLS® system in Metro Vancouver is 16,207, a 29.7 per cent increase compared to April 2024 (12,491). This is 47.6 per cent above the 10-year seasonal average (10,979). 

Across all detached, attached and apartment property types, the sales-to-active listings ratio for April 2025 is 13.8 per cent. By property type, the ratio is 9.9 per cent for detached homes, 17.5 per cent for attached, and 15.7 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. 

“While the headlines have been filled with worrying news lately, there are positives in the current market worth highlighting, especially for buyers,” Lis said. “Inventory levels have just crested 16,000 for the first time since 2014, prices have stayed fairly stable for the past few months, and borrowing costs are the lowest they’ve been in years. These factors benefit buyers, and with balanced conditions across the market overall, there’s plenty of opportunity for anyone looking to make a purchase.” 

The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $1,184,500. This represents a 1.8 per cent decrease over April 2024 and a 0.5 per cent decrease compared to March 2025.

Sales of detached homes in April 2025 reached 578, a 29 per cent decrease from the 814 detached sales recorded in April 2024. The benchmark price for a detached home is $2,021,800. This represents a 0.7 per cent decrease from April 2024 and a 0.6 per cent decrease compared to March 2025. 

Sales of apartment homes reached 1,130 in April 2025, a 20.2 per cent decrease compared to the 1,416 sales in April 2024. The benchmark price of an apartment home is $762,800. This represents a two per cent decrease from April 2024 and a 0.6 per cent decrease compared to March 2025. 

Attached home sales in April 2025 totalled 442, a 23.8 per cent decrease compared to the 580 sales in April 2024. The benchmark price of a townhouse is $1,102,300. This represents a 2.9 per cent decrease from April 2024 and a one per cent decrease compared to March 2025.

Are you dreaming of owning a condo in the beautiful North Vancouver area? You're not alone! This vibrant community offers stunning views, outdoor adventures, and a thriving lifestyle. But diving into the condo market can feel overwhelming. That's where I come in. As a dedicated condo specialist in North Vancouver, I'm here to provide you with the essential information you need to make informed decisions and find your perfect home. What’s in it for you? I'll cut through the noise, share my local expertise, and help you avoid common pitfalls, ensuring you get the best possible outcome.

Disclaimer: This is for informational purposes only and should not be considered real estate advice. Always verify information independently and consult with a qualified professional before making any real estate decisions.

Understanding North Vancouver's Condo Market

North Vancouver's condo market is unique and dynamic. It's crucial to understand the local trends, property values, and neighborhood nuances. Here's what you need to know:

Market Trends and Pricing:

• We'll explore the current market conditions, including average condo prices, inventory levels, and how they might impact your buying strategy. Remember, when considering price, always factor in completion dates, subjects, and subject removal dates. Real estate contracts have two critical components: dollars and dates.

Neighborhood Insights:

• North Vancouver offers diverse neighborhoods, each with its own character. We'll discuss popular areas like Lonsdale, Deep Cove, and Lynn Valley, highlighting their amenities, transportation options, and lifestyle appeal.

Key Financial Considerations for Condo Buyers

Understanding the financial side of buying a condo is essential to avoid surprises.

BC Property Transfer Tax and First-Time Buyer Incentives:

• We'll explain the BC Property Transfer Tax, how it works, and if you qualify for any first-time buyer exemptions or incentives. This is a very important part of the financial process.

Move-In Fees, Utilities, and Taxes:

• Beyond the purchase price, you'll need to factor in move-in fees, monthly strata fees, property taxes, and utility costs. We'll break down these expenses so you can budget accurately. Please note that exact tax amounts are not provided here and should be reviewed with your buyers agent.

Click here to connect with Davis

Key Considerations for Condo Buyers

Buying a condo isn't just about the unit itself. It involves understanding the strata, building condition, and other crucial factors. Here's what you need to consider:

Strata Documents and Fees:

• Strata documents are essential for understanding the condo's rules, financial health, and potential future costs. We'll review how to analyze these documents and what red flags to look for.

Building Condition and Maintenance:

• Assessing the building's condition is vital to avoid unexpected expenses. Key questions to ask: "Is it a leaky condo?" and "Are there upcoming levies?" We'll discuss how to evaluate maintenance records, reserve funds, and potential upcoming repairs.

In-Suite Laundry and Other Amenities:

• Many buyers prioritize in-suite laundry, parking, storage, and other amenities. We'll discuss the importance of these features and how they can impact resale value.

Understanding Bylaws:

• Many Strata's have bylaws that restrict things such as pets, rentals, or renovations. Understanding these before you buy is essential.

Potential Resale Value

Thinking long-term about your investment is wise.

Factors Affecting Resale:

• We'll discuss factors that influence condo resale value, such as location, building condition, amenities, and market trends. Making wise choices now will impact your future returns.

Financing Your Condo Purchase

Securing the right financing is a critical step in the buying process. Here's what you should know:

Mortgage Pre-Approval:

• Getting pre-approved for a mortgage gives you a clear understanding of your budget and strengthens your offer.

Down Payment and Closing Costs:

• We'll discuss the various down payment options and the additional closing costs you'll need to factor into your budget, including lawyer and notary fees. Please note that exact legal fees are not provided here and should be reviewed with your buyers agent.

Working with a Local Condo Specialist

Having a knowledgeable real estate agent on your side can make all the difference. As a condo specialist in North Vancouver, I can provide:

Expert Negotiation Skills:

• I'll advocate for your best interests and negotiate the best possible price and terms.

Access to Exclusive Listings:

• I have access to a wide range of property listings, including those not yet publicly available.

Local Market Knowledge:

• I live and work in the area, and therefore have intimate knowledge of the market.

Click the button below to connect with Davis about real estate.

Click here to connect with Davis

Real Estate Agent North & West Vancouver – If you're a homeowner in North or West Vancouver and considering your next move, downsizing to a condo might be one of the smartest decisions you can make right now.

What we’re going to talk about:

In this post, we’ll cover the key reasons why downsizing makes financial and lifestyle sense in today’s market, particularly in West Vancouver. We'll look at benefits like reduced maintenance, lifestyle upgrades, and cost efficiency.

Why it’s important:

With shifting property values, rising costs, and lifestyle changes—especially for empty nesters and retirees—understanding your downsizing options could protect your equity and enhance your quality of life.

Why it’s important to you:

If you’re a longtime homeowner thinking about simplifying your living situation or unlocking home equity, this article will help you make an informed, confident decision.

📌 Disclaimer: This is for informational purposes only and should not be considered real estate advice. Always verify information independently and consult with a qualified professional before making any real estate decisions.

1. The Financial Benefits of Downsizing

For many homeowners in West Vancouver, your home has gained substantial value over the years. Downsizing to a condo allows you to unlock that equity, giving you flexibility to invest, travel, or support your retirement plans.

Smaller spaces also come with reduced property taxes, utilities, and overall maintenance—freeing up monthly cash flow.

2. Lifestyle Upgrade: Less Stress, More Freedom

Condos in West Vancouver offer incredible access to local amenities, ocean views, parks, and walkable neighborhoods. Many buildings are equipped with fitness rooms, social lounges, and concierge services—perfect for those seeking a turnkey lifestyle.

If you're looking to travel, become a snowbird, or simply want a more relaxing lifestyle without the burden of constant maintenance or surprise repair costs, a condo offers that freedom. It's a lifestyle choice—one that’s about comfort, ease, and peace of mind.

Ambleside and Dundarave are particularly popular for their walkability, proximity to the seawall and the Seniors’ Centre, and a great selection of +1,000 sq ft condos. Many buildings in these areas are well-maintained with a mature demographic, creating a peaceful, community-oriented atmosphere. Further up, Cypress and Folkstone offer large condos with outstanding views.

For many downsizers, it's not just about cashing out—it’s about living well. In fact, sometimes lifestyle matters more than money.

3. Ideal for Empty Nesters and Retirees

When the kids have moved out and daily maintenance feels overwhelming, a condo can offer the perfect balance of independence and simplicity. You'll still enjoy the North Shore lifestyle—close to mountains, trails, and culture—without the upkeep of a detached home.

The key is to make the move while it’s still a choice—not when it becomes a necessity. Organizing a move can take months, so starting the process early gives you control and options. Having a patient and knowledgeable agent is critical—someone who understands the steps, timelines, and financing considerations.

4. Lower Maintenance, Better Peace of Mind

No more worrying about roof replacements, snow shoveling, or lawn care. With strata management taking care of the building exterior and common areas, you're left with a clean, manageable space and more time for what matters most.

5. Inventory & Market Timing in West Vancouver

The condo market in West Vancouver remains strong, with demand for quality units in well-managed buildings. For homeowners looking to sell a detached property, the timing may be ideal—high-value listings are still attracting serious buyers, especially in prime neighborhoods.

Many downsizers are best served by moving first, then selling. It all depends on your financing ability and comfort level. Having an agent who can guide you through that process—so it’s not hectic or stressful—is invaluable.

Ready to Make the Move?

Downsizing doesn’t mean sacrificing lifestyle—especially in West Vancouver. Whether you're starting to plan or just exploring options, I'm here to help.

Click the button below to connect with Davis about real estate.

Click here to connect with Davis

Are you dealing with an Estate Sale?
Estate Sales in BC: What Sellers & Buyers Need to Know

SEO Settings

#DownsizingWestVan
#WestVancouverCondos
#RealEstateNorthVan
#NorthVanListings
#EmptyNesterRealEstate
Labels & Tags: downsizing, West Vancouver, condo living, real estate tips, retiree lifestyle