Welcomehomeyvr - Real Estate with Katharine Reynolds
It’s December, and the holiday season is officially in full swing. If you’re not already following me on Instagram (@welcomehomeyvr_real_estate), hop over and join me there — I’ll be sharing lots of fun activities and festive things to explore around Greater Vancouver throughout the month.
The Word for 2025 Real Estate: “UNCERTAINTY”
Metro Vancouver’s home-sale trends we saw in October continued through November, with sales on the MLS® remaining lower than this time last year.The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 1,846 in November 2025, a 15.4% decrease from the 2,181 sales recorded in November 2024. This is also 20.6% below the 10-year seasonal average of 2,324.“As the year draws to a close, the data continues telling a story of a market with many buyers patiently waiting and sellers adjusting to conditions not seen in years,” said Andrew Lis, GVR’s chief economist and vice-president of data analytics.
Inventory remains high, and homes are taking longer to sell. What I’m seeing is many property owners choosing to wait rather than reduce prices further, while buyers are hesitant because they think prices might drop further. This has created a bit of a standstill. I don’t expect much to shift higher or lower in the next 6–8 months in terms of interest rates, inventory, or pricing.
We’re currently in a down market, and history shows that the best time to buy is when the market is down and interest rates are lower. Prices will eventually go back up, and I truly believe that buyers who move forward in 2025–2026 will be very happy with their decision 5–10 years from now.
Housing starts and new construction are basically at a standstill due to government policy, economic uncertainty, and rising building costs. So, even though there are headlines about thousands of unsold units in Metro Vancouver, once those are absorbed, there will be very little new inventory for 3–5 years, which will drive demand—and prices—back up.
There’s a psychology to the market where people don’t want to go against trends—but historically, that’s where people have made great investments. I truly believe the current market is full of opportunities! Whether you’re helping your young adult children secure their first home, downsizing, upsizing, or purchasing your first property, now is an excellent time to take action.
Reach out—I’d love to walk you through the data and the opportunities I’m seeing. I’m happy to help you navigate the market and make a confident move.
Bank Of Canada Rate Cut Update
The next Bank of Canada rate announcement is scheduled for December 10th 📉. Current predictions suggest the overnight rate will hold steady at 2.25% through 2026, with very little movement expected over the next few announcements.The October rate cut didn’t create much of a shift in fixed-term mortgage rates, which are still sitting in the high 3% range for 3–5 year terms.If you’re wondering how this might affect your buying or selling plans — or just want to talk through what it means for you — I’m always happy to chat.
For My Film Industry Connections…
I know firsthand how intense and all-consuming life in production can be. That’s why I work a little differently from most realtors. I take on the legwork for you — from pre-viewing and vetting properties to digging into neighbourhoods and buildings so the buying or selling process feels as smooth and manageable as possible.
I approach real estate the same way we approach production: fully prepared, anticipating challenges, and delivering full service from start to finish. If you’re curious about buying or selling but feel too busy to even think about the next step, let me help. After 27+ years in the film industry, I understand the pace, the pressure, and the long days — and I know exactly how to step in and make things happen for you.
If you ever have questions or just want to explore options, I’m here.
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!
Referral Offer
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 Drive
North Vancouver BC V7R2S4P.
604-831-3616 F. 604-620-7970