December 2025 Presale Report: Launch Activity Rises, Yet Sales Stay Subdued

“ We are still living through an incredibly slow time in the presale market. Tempo programs are struggling to attract steady traffic and active buyers are feeling empowered to negotiate, which is prolonging buying decisions further. Condo developers see nothing but short-term headwinds that all but
Real Estate News
The Enduring Legacy of Vancouver’s West Side
2 years
Today's real estate market is characterized by one undeniable truth—it's unpredictable. Naturally, this gives potential buyers pause before understanding all the potential risks and challenges they may face while navigating the complexity of the real estate market. Amidst the curveballs that this
Real Estate News
Transit-Oriented Surrey Centre is Poised for Growth
2 years
In the Fraser Valley, Surrey emerges as an area of potential growth despite facing the headwinds of rising interest rates and changing market dynamics. The city has moved through price appreciations and market corrections to head into the last month of the year with tentative hope for the year to
Real Estate News
The Ripple Effect of BoC's Announcement on Presale
2 years
On Wednesday, for the second time in a row, the Bank of Canada announced it would maintain its benchmark interest rate at 5%, continuing its policy of quantitative tightening amid global economic shifts. Bank of Canada holds overnight rate at 5% With the Bank projecting global GDP growth to be 2.9%
Real Estate News
Finding Balance in Langley’s Real Estate Market
2 years
The Fraser Valley is preparing for a surge in the pre-sale market in the early part of 2024, tailing closely behind Greater Vancouver in forecasted activity and project launches. Despite the potential headwinds posed by increasing interest rates and fluctuating market conditions, areas within the