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, When do you think 's SFD Home Prices will Peak.. turn to a Buyers Market?

How can you get More Listings SOLD?
Over Priced Listings are still the #1 problem (59% expiry rate in 2013): Only 26% of last years listings were listed on the money to be sold without having to reduce the listing price.

How can make your CMA's More Powerful and get a higher conversion at the RIGHT PRICE?

Over 1,000 CMA'S this Year have used these Advanced tools to get those sharper prices!

The ABSOLUTE Most Accurate Home Price Index (paired) HPIp now enables you to see the Home Value Histories, the Current Values to help you create your instant CMA's and soon to come the Forecasts

, may we show you how we help so many? (Yes)

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Price Reductions Work! In August, in the Vancouver area, 47% of the single family home sales over 30 Days On Market REDUCED their list price by $45,000 (median)
At the same time 59% of the August single family sales in FV/Chilliwack that were over 30 DOM REDUCED their list price by $19,994 (median)
Note: 61% of the listings now expiring had no price reduction! Last year 63.5% of the listings expired!

Index Abbotsford Burnaby North Burnaby Chilliwack Coquitlam North Delta Delta Ladner Langley N. Langley Vancouver Real Estate Investments Maple Ridge Mission New West Port Coquitlam Port Moody Richmond Surrey West Surrey East South Surrey White Rock Vancouver Westside Downtown-West End East Vancouver West Van North Van

Sponsored in part by Virtual Real Estate Assistants

Burnaby

July 1, 2025

Current: Burnaby's Residential Detached housing market is in a Buyer's Market with 8 %SOLD rate.
(This means 8 homes out of 100 sold last month with an average $100,000 decrease from the original price) Lesson

Most Active Range: Homes below $1.7 mill. have 21.1 %SOLD rate
Least Active Range: Homes above $3.5 mill. have 4.1 %SOLD rate.

History: The Burnaby Year-To-Date Home Price Index HPIp (Top 50%) shows that prices decreased $70,999.
The Burnaby Home PriceIndexHPIp (Lower 50%) Year-To-Date shows that prices decreased $26,630.
*The HPIp (Home Price Index) is an approximate reflection of the Average Home Price Changes.

Forecast: Burnaby has a normal Listing supply; 448 homes are for sale and with the 8 %SOLD monthly rate gives us a ~13 months of inventory. 10% of the active listings have reduced their price by $107,20 on average or $85,000 median. We project Burnaby now in Buyer's market.

Greater Vancouver July 2025:

In July, 62% of single-family homes dropped in value, with an average price dip of $10,078. Still, that’s an improvement from June, when prices fell even harder—by $17,208. With plenty of homes for sale and many buyers and sellers waiting for clearer trade news, Metro Vancouver is still a buyer’s market.

Condos had an even tougher month, with 78% losing value and an average price drop of $2,755. Townhomes values stayed the same at $12,434loss in July. With trade talks and tariffs still making headlines, condo and townhouse prices may stay flat or even fall further.

The good news? Right now is a strong time for buyers. Sellers, though, need a smart game plan to get top value.

Curious which markets are heating up—or cooling down? Visit VancouverMarketReports.com every Saturday at noon for fresh updates. 📞 Want expert advice or a free Home Market Analysis? Call Bill Coughlin and the Coughlin Team at 778-374-3744—we’ll help you make the right move.

Fraser Valley July 2025:

In July, 89% of single-family homes lost value, dropping prices by an average of $17,997. That’s a bigger decline compared to June, when prices fell by $4,025. With many homes still for sale and both buyers and sellers are waiting for clearer trade news, the Fraser Valley remains a buyer’s market.

Condos also struggled—83% dropped in value, with an average loss of $4,892. Townhomes saw an even steeper decline, shifting from a $4,819 drop in June to a $10,640 loss in July. With trade talks and tariffs still in the spotlight, condo and townhouse prices may stay flat or even fall further. Bottom line: Buyers continue to hold the advantage, while sellers need a solid strategy to succeed.

The takeaway? This is a great time for buyers to step in. Sellers, however, need a sharp strategy to secure the best deal.

Curious which areas are heating up—or cooling down? Visit VancouverMarketReports.com every Saturday at noon for the latest updates. 📞 Want expert advice or a free Home Market Analysis? Call Bill Coughlin and the Coughlin Team at 778-374-3744—we’ll help you make the right move.