Vancouver’s housing market is showing signs of firmer competition—but it is not exactly breaking a sweat. Homes took a median 21 days to sell and achieved 97% of their list price, pointing to steady activity without widespread bidding-war intensity. Metro Vancouver’s 45% sales-to-new-listings ratio improved, suggesting demand is becoming more responsive. However, approximately eight months of supply continues to favor buyers, keeping negotiation power and careful pricing important. For sellers, strong presentation and realistic pricing can help attract serious attention. Buyers may have room to compare options and negotiate strategically. The takeaway: momentum is building, but the market remains balanced toward buyers. Local conditions vary, so a neighbourhood-specific conversation is the smartest next step.
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