If you're feeling like the 2025 real estate market is hard to get a read on, you're not alone. From fluctuating interest rates to low inventory in high-demand neighbourhoods, it's been a year of shifts and surprises—and we’re only a few months in. Whether you’re a buyer looking to make a move, or a homeowner wondering if it’s time to sell or hold, here are a few key insights I’m seeing in the trenches of the Fraser Valley market right now.
🏡 1. Buyer Confidence Is Returning
After a slow start to the year, I’ve been seeing renewed energy from buyers—especially families upsizing into townhomes and detached homes in areas like Willoughby. Some are tired of waiting, while others are capitalizing on slightly softer prices before another rate adjustment. If you're looking to buy, this might be your window.
📉 2. Inventory Remains Tight—but That’s Shifting
We’re still experiencing low inventory levels in many segments of the market, especially in move-in ready homes. But I’ve also noticed more listings quietly getting ready to launch. If you’re a seller, this could be a great time to list while competition is still manageable—but pricing strategically is key.
📊 3. Interest Rates Are Still in the Spotlight
Mortgage rate fluctuations continue to impact affordability. Many buyers are opting for shorter-term fixed rates or variable options with flexible terms. If you’re not already working with a great mortgage broker, now’s the time to get that pre-approval locked in so you can act quickly when the right property hits.
📍 4. Hyper-Local Trends Matter More Than Ever
Langley isn’t Burnaby. Surrey isn’t Vancouver. Even within Langley, Willoughby behaves differently than Brookswood. Knowing what’s happening right on your block—or within your building—is crucial. That’s why I always do a deep dive with clients to understand the true value of a home based on real-time local data.
✨ 5. Real Estate Is Still Personal
Market stats are helpful, but your personal goals matter more. Whether you're growing your family, downsizing, investing, or just curious—there’s no one-size-fits-all approach. The best move? Talk it through with someone who understands both the market and your priorities.
Final Thoughts
2025 is shaping up to be a dynamic year. It’s not about timing the market perfectly—it’s about being informed, prepared, and supported with the right guidance.
If you’re considering a move or just want to chat about your options, I’m here to help. Let’s connect when you're ready:
📅 Book a consult → https://calendly.com/leoniemorris/consultation
Warmly,
Leonie Morris
Personal Real Estate Corporation
Langley & Fraser Valley REALTOR®
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