Across all detached, attached and apartment property types, the sales-to-active listings ratio for May 2026 is 13.1 per cent. By property type, the ratio is 10.7 per cent for detached homes, 15.4 per cent for attached, and 14.2 per cent for apartments.
Analysis of the historical data suggests downward pressure on home prices occurs when the ratio dips below 12 per cent for a sustained period, while home prices often experience upward pressure when it surpasses 20 per cent over several months.
Led by slow sales in the apartment segment, home sales registered on the MLS® in Metro Vancouver were down nearly four per cent in May compared to last year.
The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 2,150 in May 2026, a 3.5 per cent decrease from the 2,228 sales recorded in May 2025. This was 26.6 per cent below the 10-year seasonal average (2,930).
There were 6,115 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in May 2026. This represents a 7.6 per cent decrease compared to the 6,620 properties listed in May 2025. This was 1.3 per cent above the 10-year seasonal average (6,036).
The total number of properties currently listed for sale on the MLS® system in Metro Vancouver is 16,917, a one per cent decrease compared to May 2025 (17,094). This is 34.6 per cent above the 10-year seasonal average (12,567).
Please visit our Open House at 702 615 Hamilton Street in New Westminster. See details here
Open House on Saturday, May 30, 2026 2:00PM - 4:00PM
Rare 1,275 sq ft 2-bedroom + den in Uptown New Westminster - significantly larger than most comparable condos on the market. This thoughtfully laid-out 7th-floor home at The Uptown features a spacious open-concept living area anchored by a gas fireplace, oversized windows that flood the space with natural light, and engineered hardwood flooring throughout. The kitchen features a central island perfect for entertaining, and the separate den makes an ideal home office or nursery. Two well-proportioned bedrooms include a primary with ensuite. Step out to your private covered balcony - usable in all seasons thanks to the northeast exposure and overhead cover. One secure underground parking stall and storage locker included. Building amenities include a fitness center and a social room with a pool table. Maintenance fee covers hot water, gas for the fireplace, gardening, management, and recreation facilities. Pet-friendly (1 dog or cat, max 44 lbs). Walk score is excellent: steps to Moody Park, a short walk to Queen's Park, Uptown shopping, Royal City Musical Theatre, medical building, and transit connecting to SkyTrain. A rare combination of size, location, and value in one of New Westminster's most walkable neighborhoods.
Please visit our Open House at 702 615 Hamilton Street in New Westminster. See details here
Open House on Sunday, May 31, 2026 2:00PM - 4:00PM
Rare 1,275 sq ft 2-bedroom + den in Uptown New Westminster - significantly larger than most comparable condos on the market. This thoughtfully laid-out 7th-floor home at The Uptown features a spacious open-concept living area anchored by a gas fireplace, oversized windows that flood the space with natural light, and engineered hardwood flooring throughout. The kitchen features a central island perfect for entertaining, and the separate den makes an ideal home office or nursery. Two well-proportioned bedrooms include a primary with ensuite. Step out to your private covered balcony - usable in all seasons thanks to the northeast exposure and overhead cover. One secure underground parking stall and storage locker included. Building amenities include a fitness center and a social room with a pool table. Maintenance fee covers hot water, gas for the fireplace, gardening, management, and recreation facilities. Pet-friendly (1 dog or cat, max 44 lbs). Walk score is excellent: steps to Moody Park, a short walk to Queen's Park, Uptown shopping, Royal City Musical Theatre, medical building, and transit connecting to SkyTrain. A rare combination of size, location, and value in one of New Westminster's most walkable neighborhoods.
I have listed a new property at 702 615 Hamilton Street in New Westminster. See details here
Rare 1,275 sq ft 2-bedroom + den in Uptown New Westminster - significantly larger than most comparable condos on the market. This thoughtfully laid-out 7th-floor home at The Uptown features a spacious open-concept living area anchored by a gas fireplace, oversized windows that flood the space with natural light, and engineered hardwood flooring throughout. The kitchen features a central island perfect for entertaining, and the separate den makes an ideal home office or nursery. Two well-proportioned bedrooms include a primary with ensuite. Step out to your private covered balcony - usable in all seasons thanks to the northeast exposure and overhead cover. One secure underground parking stall and storage locker included. Building amenities include a fitness center and a social room with a pool table. Maintenance fee covers hot water, gas for the fireplace, gardening, management, and recreation facilities. Pet-friendly (1 dog or cat, max 44 lbs). Walk score is excellent: steps to Moody Park, a short walk to Queen's Park, Uptown shopping, Royal City Musical Theatre, medical building, and transit connecting to SkyTrain. A rare combination of size, location, and value in one of New Westminster's most walkable neighborhoods.
The Bank of Canada announced today that it is holding its key interest rate at 2.25%.
This means no immediate changes to variable-rate mortgages, lines of credit, or lending costs.
So why the hold?
The Bank is taking a cautious approach as:
• Inflation remains slightly above target
• Economic growth is steady but uneven
• Global uncertainty continues to impact the outlook
What this means for you:
✔️ Borrowing costs stay the same (for now)
✔️ Buyers and sellers get a bit more stability
✔️ The next rate move will depend on how inflation and the economy evolve
If you’re thinking about selling, or refinancing, now is a great time to review your options and plan ahead.
📩 Reach out anytime, I’m happy to help you navigate the market.
Please visit our Open House at 702 615 Hamilton Street in New Westminster. See details here
Open House on Sunday, April 19, 2026 2:00PM - 4:00PM
Welcome to The Uptown at 615 Hamilton Street, New Westminster. This bright and spacious 2 bed + den, 2 bath home offers 1,275 square feet of thoughtfully designed living space. Enjoy a private, covered balcony with northeast exposure, perfect for year-round relaxation. The versatile, light-filled den is ideal for a home office. Features include oversized windows, engineered hardwood flooring, a cozy gas fireplace, and a kitchen with a central island. The building offers excellent amenities: gym, amenities/social room with a kitchen, patio and pool table. Includes 1 secure parking stall and storage locker. Pet-friendly (1 dog or cat, max 44 lbs). Walk to shopping, parks, schools, and transit. A perfect blend of comfort and convenience in Uptown New Westminster.
Please visit our Open House at 702 615 Hamilton Street in New Westminster. See details here
Open House on Saturday, April 18, 2026 2:00PM - 4:00PM
Welcome to The Uptown at 615 Hamilton Street, New Westminster. This bright and spacious 2 bed + den, 2 bath home offers 1,275 square feet of thoughtfully designed living space. Enjoy a private, covered balcony with northeast exposure, perfect for year-round relaxation. The versatile, light-filled den is ideal for a home office. Features include oversized windows, engineered hardwood flooring, a cozy gas fireplace, and a kitchen with a central island. The building offers excellent amenities: gym, amenities/social room with a kitchen, patio and pool table. Includes 1 secure parking stall and storage locker. Pet-friendly (1 dog or cat, max 44 lbs). Walk to shopping, parks, schools, and transit. A perfect blend of comfort and convenience in Uptown New Westminster.
Please visit our Open House at 702 615 Hamilton Street in New Westminster. See details here
Open House on Sunday, March 29, 2026 2:00PM - 4:00PM
Welcome to The Uptown at 615 Hamilton Street, New Westminster. This bright and spacious 2 bed + den, 2 bath home offers 1,275 square feet of thoughtfully designed living space. Enjoy a private, covered balcony with northeast exposure, perfect for year-round relaxation. The versatile, light-filled den is ideal for a home office. Features include oversized windows, engineered hardwood flooring, a cozy gas fireplace, and a kitchen with a central island. The building offers excellent amenities: gym, amenities/social room with a kitchen, patio and pool table. Includes 1 secure parking stall and storage locker. Pet-friendly (1 dog or cat, max 44 lbs). Walk to shopping, parks, schools, and transit. A perfect blend of comfort and convenience in Uptown New Westminster.
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.
