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April 2025 Market Update

 

International tariffs and financial uncertainty

drive down B.C.'s real estate

A new survey found that nearly half of British Columbians are willing to make sacrifices for their mortgage payments as long as it doesn't harm their health.

The Real Estate and Mortgage Institute of Canada (REMIC) surveyed 1,000 Canadians about mortgage payments amid financial uncertainty.

In B.C., the research found that 14 percent said they would do whatever it takes to pay their mortgage, even if it means financial pain for the year.

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Click the link below to view the monthly market statistics for your area in an easy to understand infographic. Listings, sales and prices are summarized for condos, townhomes and single-family homes in cities across BC. For more up-to-date market information please visit macrealty.com/blog.

 

Abbotsford

Bowen Island

Burnaby East

Burnaby North

Burnaby South

Cloverdale

Coquitlam

Greater Victoria

Kelowna

Ladner

Langley

Maple Ridge

Mission

Nanaimo

New Westminster

North Delta

North Okanagan

North Surrey

North Vancouver

Parksville / Qualicum

Pitt Meadows

Port Coquitlam

Port Moody

Richmond

Saanich Peninsula

South Okanagan

South Surrey/
White Rock

Squamish

Sunshine Coast

Surrey - Central

Tsawwassen

Vancouver - East

Vancouver - West

Vancouver Island

Victoria Core

Westshore

West Vancouver

Whistler

Cherry blossoms, Easter train and more events happening in Metro Vancouver this weekend

The first weekend in April brings springtime events both large and small to Metro Vancouver. Here are some activities to check out.

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B.C. Real Estate News

MACDONALD REALTY

Opinion: To secure a strong economic future, Canada must choose growth (BIV)

What could happen to prime real estate occupied by Hudson's Bay stores (CBC)

LOWER MAINLAND

Metro Vancouver real estate: Tariff uncertainty sidelines buyers despite favourable conditions (Vancouver Sun)

No buyers for a buyer's market: Greater Vancouver Realtors (CityNews Everywhere)

Vancouver's luxury housing market cooling down, says report (Western Investor)

Burnaby Approves Royal Oak Community Plan, Ushering In New Era (STOREYS)

Fraser Valley home sales slump, drop 26% from a year ago (Fraser Valley Today)

VICTORIA AND VANCOUVER ISLAND

Victoria real estate sales up slightly in March: 'Stable and balanced' (chek News)

Real estate market holds steady amid the threat of tariffs, VIREB (My Campbell River Now)

OKANAGAN

Kelowna housing affordability gap highlighted by national report (Castanet)

BRITISH COLUMBIA

B.C.'s fast-growing cities getting hammered by rapidly rising property taxes (Vancouver Sun)

CANADA

Canada's housing market 'not immune' to tariff impact: economist (CTV News)

 
 

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©2025 Macdonald Realty Ltd. 2105 W 38th Ave, Vancouver, B.C. V6M 1R8