We're seeing a significant shift in Metro Vancouver! For the first time in over a decade – since 2014, to be exact – the number of homes available for sale has climbed above the 16,000 mark. This surge in inventory, coupled with stable pricing over the past few months and the lowest borrowing costs we've seen in years, is creating a unique window of opportunity for buyers.
As I mentioned, "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."
What does this mean for you?
- More Choice: With a larger selection of homes on the market, buyers have more options to find the perfect property that meets their needs and budget.
- Negotiating Power: A balanced market often means buyers have more leverage in negotiations.
- Affordability: Lower borrowing costs can significantly impact your monthly mortgage payments, making homeownership more accessible.
Whether you're a first-time homebuyer, looking to upsize, or considering an investment property, now is an opportune time to explore the Vancouver market.
At The Ali Group, we’ve been through every type of market cycle.
With over 17 years of top 1% experience, deep construction knowledge, and elite negotiation skills, we help our clients make smart, confident moves — even when the headlines say otherwise.
Thinking of buying, selling, or investing this year?
Let’s have a real conversation about how to maximize your opportunity.
Call or text us directly or book a private strategy call.
Imran Ali
The Ali Group
📧 [email protected]
📞 604-616-555