Homebuyers hold back in Greater Vancouver, while Fraser Valley sees modest bump

In May 2025, Greater Vancouver Realtors (GVR) saw a 26% rise in active listings and a 18.5% year-over-year drop in sales, indicating a balanced market with stable prices but a buyer's edge in single-family homes. Fraser Valley Real Estate Board (FVREB) experienced a 13% sales increase from April but remained below last year, with a buyer's market due to high inventory and slight price declines. Both regions show signs of a slow spring and potential summer rebound favoring buyers.

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