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New property listed at 1465 HASTINGS ST W in Vancouver

I have listed a new property at 1465 HASTINGS ST W in Vancouver.
FROM TIME TO TIME A TRULY VISIONARY DESIGN IS REALIZED. With no expense spared, this New York inspired townhouse has been renovated to the highest standard in living. Pulled right back to the studs, everything from the appliances to the winding stair railing have been meticulously commissioned and thoughtfully arranged. The heart of this home is the kitchen, and what instantly captures one’s attention is the stunning ornate La Cornue Chateau 75 stove. The finest materials imported from around the world; white oak from France, backsplash tiles from Japan, tiles from Spain and more! Fingertip living gives you fully automated control of all comforts. Equally spectacular is the stunning roof-top deck. This home is an experience and a joy to view.
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New property listed at 983 CANYON BLVD in North Vancouver

I have listed a new property at 983 CANYON BLVD in North Vancouver.
Discover your dream home in the desirable Canyon Heights! This beautifully renovated 2,156 sqft residence is in incredible condition, boasting 4 spacious bedrooms and 3 full baths, perfect for families and entertaining. The open concept design features stunning quartz countertops and modern s/s appliances, creating a stylish and functional space. Enjoy the exceptional floor plan with all four bedrooms conveniently located on the second floor, providing privacy and comfort. Plus, it's just a short walk to the iconic Capilano Suspension Bridge, with nearby parks and Grouse Mountain offering endless outdoor adventures. In addition, you are situated in the highly coveted Handsworth school catchment. Don't miss this opportunity to make this stunning home yours!
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March 2025 Market Report

Welcome to our March Market Report

Canada and the U.S. have officially entered a trade war, with tariffs taking effect on Tuesday, March 4. The economic consequences—both immediate and long-term—are undeniable and demand strategic navigation.

This trade conflict is creating significant economic uncertainty, with widespread repercussions across industries, including real estate. Higher tariffs on goods and materials will drive up construction and renovation costs, disrupt supply chains, and slow economic growth. As a result, consumer and investor confidence is already wavering, leading to more cautious spending and investment decisions.

The housing market will not be immune. Rising construction costs, potential interest rate fluctuations, and shifts in market demand will directly impact housing prices, inventory levels, and overall market activity. Despite the Bank of Canada’s interest rate cut on March 12, consumer uncertainty remains high. Many submarkets experienced a rare decline in activity and pricing between January and February—something seen only a handful of times in the past two decades.

Month-over-month growth in Q1 traditionally signals the start of the spring market’s surge, yet consumer hesitation is undeniable, causing a cooling effect on the real estate market. Nonetheless, well-priced properties, particularly in the detached and townhouse segments, continue to sell. In every market, opportunities exist—it’s about recognizing and seizing them.

If you have any questions about how these market conditions may affect your specific situation, please don’t hesitate to contact me. I’m happy to discuss your property questions.


Last Month’s Listings and Sales


Interested in another area?

Click the images below for other market stats!


News From the Real Estate Board

Home sales registered on the Multiple Listing Service® (MLS®) in Metro Vancouver rose over thirty per cent in December, compared to the previous year, signalling strengthening demand-side momentum to close out 2024.

“Looking back on 2024, it could best be described as a pivot year for the market after experiencing such dramatic increases in mortgage rates in the preceding years,” said Andrew Lis, GVR’s director of economics and data analytics. “With borrowing costs now firmly on the decline, buyers have started to show up in numbers after somewhat of a hiatus – and this renewed strength is now clearly visible in the more recent monthly data.”

“Disappointingly, sales came in shy of our forecasted target for the year, but the December figures signal an emerging pattern of strength in home sales, building on the momentum seen in previous months,” Lis said. “These more recent sales figures are now trending back towards long-term historical averages, which suggests there may still be quite a bit of potential upside for sales as we head into 2025, should the recent strength continue.

“Although sales activity had a slower start to the year, price trends began 2024 on the rise and closed out the year on a flatter trajectory. Most market segments saw year-over-year increases of a few per cent except for apartment units, which ended 2024 roughly flat. With the data showing renewed strength to finish the year however, it looks as though the 2025 market is positioned to be considerably more active than we’ve seen in recent years.”

The Board reports that for Metro Vancouver the sales-to-active listings ratio for the month of December were:

  • 12.1% for detached homes

  • 18.7% for apartments

  • 23.6% for townhomes

(The sale to active ratio indicates what type of market each sector is in. 0-12% equals a buyer’s market, 12-20% equals a balanced market and 20-100% equals a seller’s market.)



If 2025 is your year to make a move, let us help you customize a successful plan. Call us to get started.

-Dan Pigott
604-862-4124
dan@pigottproperties.com


Copyright (C) 2025 Dan Pigott - Royal LePage Sussex Pigott Properties. All rights reserved.

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New property listed at 810 BURLEY DR in West Vancouver

I have listed a new property at 810 BURLEY DR in West Vancouver.
Prepare to be wowed by this charming side-split home nestled on a 13,060sqft park-like oasis! This immaculate residence offers spacious living across two levels, bathed in natural light with stunning backyard and mountain views. The sophisticated living room features a cozy fireplace and mid-century modern feel complete with floor-to-ceiling windows. Main level opens seamlessly onto an expansive patio—perfect for entertaining. A well-appointed kitchen with a banquette-style eating area enhances the home’s warmth and functionality. Upstairs you will find three spacious bedrooms, and downstairs a fourth bedroom and rec room provide endless possibilities. A sun-drenched dining/great room and private office offer the perfect work-from-home setup. Outside, the terraced yard, complete with mature annuals, Japanese maples, and more, not to mention a greenhouse and workshop/studio create a tranquil escape. With covered parking and a prime location near Ambleside & Park Royal, this home is an incredible find!
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Reciprocity Logo The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.