Since the April 28 Federal election, conversations at open houses have felt a shade more optimistic. It’s subtle—fewer “I’ll wait and see” comments, a few more feature sheets in hand—but the change is there. Recent numbers back up the mood:
Supply has opened up. Metro Vancouver inventory just nudged past 16,000 homes, the highest spring selection since 2014.REM
Demand is steady, not frantic. Region-wide, the April sales-to-active listings ratio sits around 13.8 per cent—textbook “balanced” territory.Stilhavn
What Balanced Feels Like
If you’re selling:
More listings mean more neighbourly competition. A realistic price, a tidy exterior, and professional photos still set the pace. Testing the high end of the range usually costs time and, ultimately, dollars.
If you’re buying:
Choice has returned without the 2021 pressure cooker. “Balanced” doesn’t translate to discounts everywhere, but it does allow for conditions, inspections, and the occasional night to sleep on a decision—luxuries we haven’t enjoyed for a while.
Why the Election Matters
Markets dislike unknowns. With the ballots counted and fiscal policy looking steady, buyers who were waiting for clarity seem ready to re-engage. Confidence isn’t a flood—but even a trickle can move the needle when supply is already up.
A Sensible Takeaway
We’re neither in a runaway sellers’ market nor a bargain-bin buyers’ market. More inventory and measured demand create room for thoughtful moves on both sides of the table. If you’re weighing your options and could use a second opinion, I’m happy to share what I’m seeing—no hard sell, just a conversation.
Supply has opened up. Metro Vancouver inventory just nudged past 16,000 homes, the highest spring selection since 2014.REM
Demand is steady, not frantic. Region-wide, the April sales-to-active listings ratio sits around 13.8 per cent—textbook “balanced” territory.Stilhavn
What Balanced Feels Like
If you’re selling:
More listings mean more neighbourly competition. A realistic price, a tidy exterior, and professional photos still set the pace. Testing the high end of the range usually costs time and, ultimately, dollars.
If you’re buying:
Choice has returned without the 2021 pressure cooker. “Balanced” doesn’t translate to discounts everywhere, but it does allow for conditions, inspections, and the occasional night to sleep on a decision—luxuries we haven’t enjoyed for a while.
Why the Election Matters
Markets dislike unknowns. With the ballots counted and fiscal policy looking steady, buyers who were waiting for clarity seem ready to re-engage. Confidence isn’t a flood—but even a trickle can move the needle when supply is already up.
A Sensible Takeaway
We’re neither in a runaway sellers’ market nor a bargain-bin buyers’ market. More inventory and measured demand create room for thoughtful moves on both sides of the table. If you’re weighing your options and could use a second opinion, I’m happy to share what I’m seeing—no hard sell, just a conversation.