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North Burnaby RE/MAX Reports Market Update

Hi , your free RE/MAX Market Share Reports Plus many Advanced Market Reports.

Question? Do you know when 's market will switch to a Buyers Market, in advance?

Bottom-line if you are not using our Advanced Market Reports you have lost 25% of your profits.

Our Advanced Reports and the Stats Boot Camp Course empower Agents to get shaper prices;higher sell-through rates and to be able to show their clients the actual market trends.

Many of these Advanced Reports will probably look like gibberish until you take a lesson. Once empowered with your own personalized reports, then you can really understand the market trends to protect your clients and make you more money. Standing by to help you :) Bill Coughlin 778-374-3744 eXp Realty

Now even Condominiums eked small gains in most communities this year!

Would like to to see the Condos Low & the Townhouse Changes too? Note: All of these Home Price Changes are complied from the most accurate VMR Home Price Index (paired) HPIp

, if you do not want any future RE/MAX Market Reports Please reply Remove Me and you will be sorely missed! :) Bill Coughlin

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Burnaby

June 1, 2025

Current: Burnaby's Residential Detached housing market is in a Buyer's Market with 7 %SOLD rate.
(This means 7 homes out of 100 sold last month with an average $57,000 decrease from the original price) Lesson

Most Active Range: Homes below $1.7 mill. have 23.1 %SOLD rate
Least Active Range: Homes between $2.5 mill. - $3.0 mill. have 3.1 %SOLD rate.

History: The Burnaby Year-To-Date Home Price Index HPIp (Top 50%) shows that prices increased $66,983.
The Burnaby Home PriceIndexHPIp (Lower 50%) Year-To-Date shows that prices decreased $9,051.
*The HPIp (Home Price Index) is an approximate reflection of the Average Home Price Changes.

Forecast: Burnaby has a normal Listing supply; 416 homes are for sale and with the 7 %SOLD monthly rate gives us a ~14 months of inventory. 11% of the active listings have reduced their price by $115,077 on average or $89,000 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.