Peter Tolentino PREC

09/03/2025

Sales across the province were up 2.2 per cent compared to last year, showing that more buyers are returning to the market. Prices, meanwhile, have eased by 2.1 per cent, giving buyers a welcome opportunity to enter at a more affordable level. Overall dollar volume has stayed steady, which means sellers are still finding demand for well-priced homes. For both buyers and sellers, this mix of rising activity and stable conditions is creating a window of opportunity to make a move with confidence.

📈 BC home sales rose in July.

Sales were up 2.2 per cent year-over-year, with prices down 2.1 per cent and dollar volume virtually unchanged. Get the July 2025 stats here 👉 https://bit.ly/3Jfu5Lh

08/22/2025

Housing markets across British Columbia are gaining steady momentum as we move through the summer months. Nearly every region in the province is reporting stronger sales activity compared to the same time last year, with the notable exception of the Lower Mainland, where sales have remained more subdued. This province-wide uptick reflects renewed buyer confidence and a growing sense of stability in many local markets.

“Housing markets across BC continue to build momentum through the summer, with all regions apart from the Lower Mainland boasting higher sales activity from the previous year,” said BCREA Chief Economist Brendon Ogmundson. Get the July 2025 stats here 👉 https://bit.ly/3Jfu5Lh

08/06/2025

Fraser Valley Market Update 🏡

Real estate activity is starting to level off as we head into the usual summer slowdown.

It’s still a great time for buyers, with more options and less competition—but a gap between what buyers are willing to pay and what sellers expect is keeping some deals on hold.

Thinking of making a move? Let’s talk!

Fraser Valley real estate sales activity levels off as market enters seasonal slowdown

Market conditions are ideal for Fraser Valley home buyers this summer, but the persistent gap between buyers’ and sellers’ price expectations continues to suppress sales.

Read the full press release and stats here: https://bit.ly/3IVJtfT

08/06/2025

Market Update: A Shifting Landscape for Home Buyers

We’re beginning to see a recovery in home sales activity across the market, supported by strong inventory levels that are helping to keep prices stable for now. This continues to create favorable conditions for buyers.

However, if sales momentum picks up further, we may start to see inventory tighten and sellers regain more negotiating power. Buyers considering a move may want to act while current opportunities remain in their favor.

If you’d like to discuss what this means for your plans, I’m here to help.

Sales activity is now recovering, with healthy levels of inventory to keep home prices trending sideways over the short term. However, if the recovery in sales activity accelerates, these favorable conditions for home buyers may begin slowly slipping away, as inventory levels decline, and home sellers gain more bargaining power.

Check out these market highlights and read the full July MLS® housing market report for more analysis: https://bit.ly/3J2TfN4

07/27/2025

The market is slowly coming back to form. Let's go!

After a sluggish start to the year, June’s sales numbers hint that the market may finally be turning a corner. The year-over-year drop in sales last month was just half of May’s decline — a notable shift that echoes the cautious optimism we first flagged back in May. Were we on the right track?

Read what we had to say then and see how it stacks up now:https://bit.ly/4eZyjCA

07/04/2025

BC’s housing market softened further in May, with home sales down 13.5% compared to last year. Both average prices and total dollar volume also declined, reflecting reduced buyer activity and growing inventory. As the market adjusts, buyers may find more opportunity, while sellers face increased competition and the need for strategic pricing.

📉 BC home sales dipped again in May.

Sales were down 13.5 per cent year-over-year, with prices and dollar volume also falling.

Get the latest stats here: https://bit.ly/4jPb7b8

06/05/2025

With some of the strongest inventory levels we've seen in years, the market is offering buyers more choice—and more leverage. Many sellers are becoming increasingly realistic with their pricing, adjusting expectations to align with current conditions.

This shift has created a more balanced playing field, giving buyers greater negotiating power and helping to keep a firm lid on price growth over the past few months. As a result, we’re seeing a calmer, more measured pace in the market—one that presents real opportunities for those ready to make a move.

With some of the healthiest levels of inventory seen in years, many sellers are adjusting price expectations, which has provided buyers more negotiating room and kept a firm lid on price escalation over the past few months.

Check out these market highlights by property type and don't forget to read our full May MLS® Housing Market Report: https://bit.ly/43PikBZ

06/05/2025

Home sales picked up in May across the Fraser Valley—but it’s still a buyer’s market.
Thinking of buying or selling? Connect with me for expert insights and the latest market data to help you make the right move.

05/02/2025

Buyer’s Market Emerges in Metro Vancouver: Inventory Hits 5-Year High, Prices Steady, Borrowing Costs Low.

Despite a cooler sales season, Metro Vancouver’s market is brimming with opportunity, especially for buyers. Total inventory is up over 16,000 units for the first time since 2019, while prices have remained stable and borrowing costs continue to be low.

Learn more! Read the April MLS® Housing Market Report: https://bit.ly/4d9wCBK

04/16/2025

Buyers be aware!

Buyers in Metro Vancouver haven’t seen market conditions this favourable in years:

🏠 Prices have eased from recent highs
📉 Mortgage rates are among the lowest we’ve seen in years
📊 Active listings are at levels not seen in nearly a decade

Sellers are ready to engage — but so far, buyers haven’t shown up.

Read the full story in the March MLS® Housing Market Report: https://bit.ly/428RO5z

04/03/2025

[March MLS® Housing Report]

Buyers in Metro Vancouver haven’t seen market conditions this favourable in years. Prices have eased from recent highs, mortgage rates are among the lowest we’ve seen in years, and there are more active listings on the MLS® than we’ve seen in almost a decade. Sellers appear ready to engage — but so far, buyers have not shown up in the numbers we typically see at this time of year.

Learn more -> https://bit.ly/428RO5z