westcoast living market update

REALTORS Jason Ng, Jessica Chen, Zahra Damjanovic and Michelle Legaspi standing outdoors against a dark wall. They have warm smiles on their face.

Vancouver Market Update – What Our Team Is Watching Right Now

If you’re watching Vancouver and trying to time your next move… it’s not as clear-cut as it used to be.

Some homes are selling quickly. Others are sitting. The difference isn’t luck.

Here’s the shift we’re seeing as a team:

Vancouver has become a market of micro-decisions, not broad trends.


What the numbers are showing (March 2026)

Across both East and West Vancouver:

  • Detached homes
    • East: $1,699,600 (↓ 8.5% year-over-year)
    • West: $2,925,000 (↓ 13.8%)
  • Condos
    • East: $669,700 (↓ 4.8%)
    • West: $779,100 (↓ 8.3%)
  • Townhomes
    • East: $1,044,000 (↓ 9.1%)
    • West: $1,396,800 (↓ 5.2%)

What stands out

  • Prices have adjusted across all property types
  • The West Side has seen sharper price corrections at higher price points
  • The East Side remains more active, particularly in attached homes

Vancouver isn’t moving in one direction. It’s moving in segments.


What this means in real terms

If you’re buying

  • You have more choice and negotiating room than last year
  • But well-positioned homes still attract multiple offers
  • Understanding sub-markets matters more than ever

If you’re selling

  • Buyers are comparing across neighbourhoods, not just your street
  • Overpricing leads to lost momentum quickly
  • The first two weeks on market are critical

The plan (how we’re advising clients across Vancouver)

  • Position against active listings
    Buyers are choosing between what’s available now
  • Focus on early momentum
    The strongest offers still tend to come early
  • Be precise with pricing and presentation
    Small differences are driving big outcomes

What we’d watch for right now

  • Risk: Relying on last year’s pricing benchmarks
  • Safeguard: Review current listings weekly, not just past sales
  • Question to ask: “How does my home compare to the top 3 options a buyer will see this week?”

The takeaway

Two things can be true.
The market has softened, and strong sales are still happening.

Vancouver right now rewards clarity, preparation, and realistic positioning. The homes that succeed are the ones that align with what buyers see as value today.


If this is you

  • Buying in Vancouver: understanding micro-markets will give you an edge
  • Selling this spring: early positioning will shape your result
  • Planning ahead: the next few months may offer more flexibility than last year

Market conditions can vary significantly by neighbourhood and property type, so decisions should always be based on current comparable listings, not just city-wide trends.

Contact our team directly for a more targeted consultation tailored to your timeline and goals.

Jason Ng standing in an interior doorway

Richmond Market Update – What Jason Ng Is Watching Right Now

If you’re watching Richmond and feeling like the market is harder to read… you’re not wrong.

We’re seeing more inventory, softer pricing, and buyers taking a more measured approach.

Here’s the shift Jason is seeing:

Richmond hasn’t lost demand. It’s become more price-sensitive.


What the numbers are showing (March 2026)

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a portrait of Michelle Legaspi, Realtor, standing in a doorway.

Burnaby Market Update – What Michelle Legaspi Realtor Is Watching Right Now

If you’re watching Burnaby and trying to make sense of mixed signals… you’re not alone.

More listings are coming online. Some homes are sitting longer. Others are still moving quickly.

Here’s the shift Michelle is seeing:

Burnaby hasn’t slowed evenly. It’s splitting by property type.


What the numbers are showing (March 2026)

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Zahra Damjanovic - Oakwyn Realtor sitting while taking a call.

Tri-Cities Market Update – What Zahra Is Watching Right Now

If you’re watching the Tri-Cities and feeling unsure… you’re not alone.

We’re hearing it often. More inventory, longer timelines, and questions around whether pricing has stabilized.

Here’s the key shift:

This is no longer a speed-driven market. It’s a positioning market.

Across Port Moody, we’re seeing a clear pattern. Inventory is rising, prices have adjusted, and buyers are taking more time to decide. That combination changes how you approach both buying and selling.


What the numbers are showing (March 2026)

Pulled from Greater Vancouver REALTORS® data:

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