MAY 2025 FOUNDER’S MESSAGE

Spring is in full bloom on the West Coast. Metro Vancouver’s real estate market is picking up as more buyers enter the market. 

There is a lot of excellent inventory to choose from this month. The total number of properties currently listed for sale on the Multiple Listing Service (MLS) in Metro Vancouver is 16,207, a 29.7% increase compared to April 2024. This is 47.6% above the 10-year seasonal average. 

Andrew Lis, Greater Vancouver Realtor (GVR) director of economics and data analytics, recently reported that prices have stayed fairly stable for the past few months and borrowing costs are the lowest they’ve been in years. “These factors benefit buyers and with balanced conditions across the market overall, there’s plenty of opportunity for anyone looking to make a purchase,” said Lis in the GVR’s latest housing market report.

Now is a great time to call one of our highly knowledgeable advisors to receive a complimentary comparative market evaluation of your property. With current lower borrowing costs and high inventory, May is an ideal month to consider your options. 

There are currently many people throughout Metro Vancouver looking for homes to rent. VIRANI RENT+MANAGE is becoming Vancouver’s premier rental management and tenant placement brokerage. Our goal is to maintain your property to keep it at its best value so you will get the best return. Our experienced property managers take care of every detail from building maintenance and rental payments to showings and tenant agreements. We strive to offer the most individualized service possible to ensure you are fully protected and so you can focus on what is important to you.

Don’t miss your chance to own a home in Lilibet, Vancouver’s exciting low-rise development directly across from Queen Elizabeth Park. Two-bedroom-plus-rooftop homes from $1,598,800 are currently available. Located in one of Vancouver’s most serene residential neighbourhoods, Lilibet is just a few minutes’ walk from the vibrant dining and shopping destinations found on Cambie and Main streets.

We invite you to subscribe to the V LIST this month to receive a complimentary copy of our recently published Spring 2025 issue. Many of Metro Vancouver’s finest properties are featured in our latest offering. I hope you find inspiration and possibility as you peruse the pages. VIRANI has many exclusive offerings and we take pride in showcasing these properties.

Spring is the perfect time of year to prepare your home for sale. The warmer weather of May allows you to do any necessary updates to both the exterior and interior of your property. Details make the difference to ensure your home is showcased to its best potential. 

Creating a strong first impression is important when preparing your home to sell. A fresh coat of paint is one of the simplest yet most effective ways to update your home so you will get the most value. Landscape and power wash your outdoor living space. Trim trees and lawns and also plant colourful flowers in containers to create an elegant, welcoming environment. 

Our experienced real estate professionals understand the importance of showcasing your home’s best potential. We provide you with an accurate value of your home based on an understanding of how the global economy impacts our region’s real estate. All our members are attuned to both local and global marketplaces and offer solid advice based on extensive research. 

Spring is a beautiful time of year on the West Coast. With high levels of inventory and lower borrowing costs, May is an ideal time to consider your personal real estate goals. We take pride in offering the most individualized service possible and look forward to providing you with expert advice in all markets.

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