WelcomeHomeYVR- Real Estate with Katharine Reynolds
Well the leaves are falling and we’ve had some epically beautiful fall days in the last while. Embracing the cosy season and dreaming of a winter holiday somewhere warm…if you have any recommendations please send them my way!
The trend continues…Slow sales and high inventory give buyers the edge in October
Metro Vancouver Market Update – October 2025
Home sales across Metro Vancouver* were 14% lower than last October, as slower sales and growing inventory continue to create more balanced — and often more favourable — conditions for buyers this fall.
According to the Greater Vancouver REALTORS® (GVR), there were 2,255 residential sales in October 2025, a 14.3% decrease from the 2,632 salesrecorded in October 2024, and 14.5% below the 10-year seasonal average of 2,638.There are currently 16,393 properties listed for sale on the MLS® system in Metro Vancouver — a 13.2% increase compared to October 2024 (14,477) and 35.9% above the 10-year seasonal average of 12,063.
We’re seeing a unique market dynamic right now — something we haven’t experienced in the Lower Mainland for years: interest rates and prices dropping at the same time. Typically, this combination would bring more buyers back into the market, but consumer confidence remains cautious. Many buyers are waiting to see if prices dip further, while some sellers are still holding onto pricing from a year or more ago which has created a difficult dynamic.
That said, I’ve noticed some encouraging signs recently — both in the economy and the housing market. Looking back over the past 20 years, one thing is consistent: prices tend to decline slowly, but when they turn upward, the recovery happens quickly. With significant pent-up demand for homeownership, we could see prices start to rise again as early as spring 2026.
Bottom line: if you’re considering buying your first home, upsizing, or downsizing, this could be a great opportunity — as long as the timing feels right for you.
I’d love to chat about your goals and how today’s market might work in your favour.
📞 Call or text me at 604-831-3616 to schedule a time to connect.
Bank Of Canada Rate Cut Update
As expected, the Bank of Canada cut the overnight rate by 0.25% October 29th📉
The last rate announcement of the year is coming up on December 10th—if inflation stays steady and unemployment doesn’t rise, we’ll likely see the rate stay at 2.25%.
Staging and Design Consultations
If you’re thinking about selling, I can draw on my extensive design background to help stage and declutter your home, and even suggest a front-of-house refresh to boost curb appeal.
If you’re buying, I can help ensure your existing furniture fits beautifully in your new space and assist with placement ideas.
I’m offering this service
free of charge throughout 2025!
Referral Offer For 2025
I’d really love the opportunity to work with people like you! If you have friends, coworkers, or family thinking about buying or selling, I’d be so grateful for your referral.
As a thank-you, if your referral results in a completed purchase or sale, I’ll send you a
$500 gift card of your choice
to show my appreciation.
You can call me directly or send your referrals via group text to
604-831-3616
—just include a brief intro of who you’re referring and what they’re looking for.
I truly appreciate all the referrals I’ve received so far—they mean so much!
Wishing you a wonderful winter season!
Feel free to contact me, I’d love to help you find your new home!
Katharine Reynolds
604-831-3616
kr@welcomehomeyvr.com
Copyright (C) 2025 welcomehomeyvr. All rights reserved.
My mailing address is: Oakwyn Realty
101-3151 Woodbine DriveNorth Vancouver BC
V7R2S4
P. 604-831-3616
F. 604-620-7970