The glorious days of summer are here on the West Coast. Once again, I am reminded of just how spectacular our city is. From glistening ocean waters and stunning, sandy beaches to lush parks and mountain top adventures, Metro Vancouver has it all.
Whether you enjoy sunny patios and backyard barbeques or swimming in surrounding lakes and hiking wooded trails, Vancouver is truly the lifestyle capital of the world. While this month marks a time of rejuvenation and adventure, real estate inventory is at its highest in 10 years.
If you’re looking to diversify or upgrade your portfolio, now is an excellent time to consider your options. The Greater Vancouver Realtors (GVR) recently reported that home sales are trending upwards and that we are in balanced market conditions.
New listings were up 10.3% last month on the Multiple Listing Service (MLS) compared to June 2024. This is 12.7% above the 10-year seasonal average. The total number of properties currently listed for sale on the MLS is up 23.8% compared to the same time last year.
With more than 17,000 listings currently on the market, and mortgage rates down around 2% since last summer, buyers are enjoying some of the most favorable conditions seen in years, reported Andrew Lis, GVR director of economic and data analytics.
VIRANI continues its tradition of success in offering the finest homes in Metro Vancouver. I am inspired by the many excellent properties we have sold in the past few months. One of the most desirable, stunning waterfront properties in West Vancouver sold this month. Buyers will experience everything a quintessential West Coast lifestyle has to offer in this luxury home featuring unobstructed, panoramic water and mountain views. Other outstanding recently sold properties include expansive, prime British Properties homes in West Vancouver and wonderful single-family homes in both North and West Vancouver. Many beautiful condos and townhomes in downtown Vancouver and on the North Shore, as well as a modern half-duplex in East Vancouver, have also recently sold.
With curb appeal at its peak right now through to September, buyers can see your property’s full potential. Start your summer with a complimentary comparative market evaluation of your property and get ahead of the curve as we prepare for a busy market ahead. Call one of our expert VIRANI advisors now. You may be surprised to see what your property is worth in today’s market.
There is currently a strong demand for rental properties in Vancouver. Buyers are looking for all types of properties to rent. Our RENT + MANAGE division is renting homes quicker than they can keep them on the market. Homes are renting within weeks of hitting the market, so now is an excellent time to reach out to VIRANI as your property management experts. Whether looking to lease or manage daily operations, our experienced advisors will take care of all your rental requirements.
It is a good idea to have a property manager take care of your tenants and property while you’re away on vacation this summer. Our experienced real estate advisors will handle any tenant related issues while you relax and enjoy the best of what summer has to offer. Whether it’s carefree vacation time or additional time to manage your portfolio and other business matters, our advisors ensure everything from building maintenance to monthly rental payments are looked after.
Summer is an ideal time to prepare your home for sale in the months ahead. Inventory is high and there are many excellent properties available. I hope you find adventure and rejuvenation this summer while you enjoy all the amazing beauty and splendour our city has to offer.
JULY 2025 FOUNDER’S MESSAGE
The glorious days of summer are here on the West Coast. Once again, I am reminded of just how spectacular our city is. From glistening ocean waters and stunning, sandy beaches to lush parks and mountain top adventures, Metro Vancouver has it all.
Whether you enjoy sunny patios and backyard barbeques or swimming in surrounding lakes and hiking wooded trails, Vancouver is truly the lifestyle capital of the world. While this month marks a time of rejuvenation and adventure, real estate inventory is at its highest in 10 years.
If you’re looking to diversify or upgrade your portfolio, now is an excellent time to consider your options. The Greater Vancouver Realtors (GVR) recently reported that home sales are trending upwards and that we are in balanced market conditions.
New listings were up 10.3% last month on the Multiple Listing Service (MLS) compared to June 2024. This is 12.7% above the 10-year seasonal average. The total number of properties currently listed for sale on the MLS is up 23.8% compared to the same time last year.
With more than 17,000 listings currently on the market, and mortgage rates down around 2% since last summer, buyers are enjoying some of the most favorable conditions seen in years, reported Andrew Lis, GVR director of economic and data analytics.
VIRANI continues its tradition of success in offering the finest homes in Metro Vancouver. I am inspired by the many excellent properties we have sold in the past few months. One of the most desirable, stunning waterfront properties in West Vancouver sold this month. Buyers will experience everything a quintessential West Coast lifestyle has to offer in this luxury home featuring unobstructed, panoramic water and mountain views. Other outstanding recently sold properties include expansive, prime British Properties homes in West Vancouver and wonderful single-family homes in both North and West Vancouver. Many beautiful condos and townhomes in downtown Vancouver and on the North Shore, as well as a modern half-duplex in East Vancouver, have also recently sold.
With curb appeal at its peak right now through to September, buyers can see your property’s full potential. Start your summer with a complimentary comparative market evaluation of your property and get ahead of the curve as we prepare for a busy market ahead. Call one of our expert VIRANI advisors now. You may be surprised to see what your property is worth in today’s market.
There is currently a strong demand for rental properties in Vancouver. Buyers are looking for all types of properties to rent. Our RENT + MANAGE division is renting homes quicker than they can keep them on the market. Homes are renting within weeks of hitting the market, so now is an excellent time to reach out to VIRANI as your property management experts. Whether looking to lease or manage daily operations, our experienced advisors will take care of all your rental requirements.
It is a good idea to have a property manager take care of your tenants and property while you’re away on vacation this summer. Our experienced real estate advisors will handle any tenant related issues while you relax and enjoy the best of what summer has to offer. Whether it’s carefree vacation time or additional time to manage your portfolio and other business matters, our advisors ensure everything from building maintenance to monthly rental payments are looked after.
Summer is an ideal time to prepare your home for sale in the months ahead. Inventory is high and there are many excellent properties available. I hope you find adventure and rejuvenation this summer while you enjoy all the amazing beauty and splendour our city has to offer.