ONE ONE

May 2025 Market Update

What does another Liberal federal government

mean for housing in B.C.?

Mark Carney is coming hot out of the gate as newly minted Prime Minister when it comes to solving one of Canada's most contested conundrums: housing.

"It's time to build twice as many homes every year with an entirely new housing industry using Canadian technology, Canadian skilled workers, Canadian lumber...We will build one Canadian economy, not thirteen, with a government committed to free trade in Canada, by Canada," said Prime Minister Carney in [his] victory speech.

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Click the link below to view the monthly market statistics for your area in an easy to understand infographic. Listings, sales and prices are summarized for condos, townhomes and single-family homes in cities across BC. For more up-to-date market information please visit macrealty.com/blog.

Abbotsford

Bowen Island

Burnaby East

Burnaby North

Burnaby South

Cloverdale

Coquitlam

Greater Victoria

Kelowna

Ladner

Langley

Maple Ridge

Mission

Nanaimo

New Westminster

North Delta

North Okanagan

North Surrey

North Vancouver

Parksville / Qualicum

Pitt Meadows

Port Coquitlam

Port Moody

Richmond

Saanich Peninsula

South Okanagan

South Surrey / White Rock

Squamish

Sunshine Coast

Surrey - Central

Tsawwassen

Vancouver - East

Vancouver - West

Vancouver Island

Victoria Core

Westshore

West Vancouver

Whistler

More than 40 fun and fantastic things to do in Vancouver in May

May is here, and Metro Vancouver is filled with fantastic events to discover!

From night markets to concerts, Playland, and more, here are 43 fantastic things to do around the city this month.

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B.C. Real Estate News

MACDONALD REALTY

Opinion: Shutting capital out of B.C. market hasn't made housing affordable (BIV)

LOWER MAINLAND

Metro Vancouver sees highest inventory in over a decade: GVR (Real Estate Magazine)

Homes Sales In Greater Vancouver Down 24% Amidst Economic Turmoil (STOREYS)

Buyers and sellers 'reluctant' in current Chilliwack real estate market as sales plummet (Fraser Valley Today)

VICTORIA AND VANCOUVER ISLAND

Victoria Real Estate Activity Tempered By Political & Economic Uncertainty (Business Examiner)

'I'm seeing stability': Vancouver Island seeing a 'balanced' real estate market (CTV News)

OKANAGAN

Kelowna building strong housing market: Report (Vernon Morning Star)

Kootenay housing market sees steady sales amid tight supply (Rossland News)

Kamloops real estate market could see activity boost from federal first-time homebuyers' GST exemption (CFJC Today)

BRITISH COLUMBIA

B.C. home sales forecast to fall further over uncertainty about economy (msn)

'Mutually destructive trade war' puts B.C. housing market recovery on hold (Real Estate Magazine)

CANADA

Canadian Developers Respond To Carney's Win, Liberal Policies (STOREYS)

More Canadians are holding back on buying homes amid recession fears (blogTO)

Mark Carney has a housing plan. How long will it take to implement? (Global News)

This communication is not intended to cause or induce breach of an existing agency agreement. Listing information is deemed reliable, but not guaranteed.

Just Sold

1033 Marinaside Crescent Unit 2307

BEDS

BATHS

1,327

SQFT

view property

About Property

This opulent WATERFRONT residence perched high above the coveted Yaletown Marinaside Crescent is a must see. This rare 3 bed floor plan has an abundance of natural light & near 270 degree VIEWS OF CITY, MOUNTAIN & OCEAN!! Generous living/dining spaces w/sleek gas fireplace, and AC to stay cool. alongside a fantastic gourmet kitchen w/ separate dining area is perfect for those who love to host. Huge closets & generous layouts in all 3 bedrooms. Great layout for those who need extra space for an WFH office, nursery, guests or storage. World Class Amenities: 24hr concierge, visitor parking, gym, pool, hot tub, sauna, theatre, party room, courtyard & play area. Steps away from Seawall, Urban Fare, Shops & 500+ restaurants. 2 Parking 1 Locker.