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Chai Chung PREC

Home
Canada
Vancouver, BC
Chai Chung PREC

Providing Real Estate Services since 2012. I was originally from Saskatchewan and moved to Vancouver in 2015.

05/01/2026

🎉 Happy International Workers Day!

Cheers to all the hard workers in the world! We appreciate you and everything you do.

Have a great day and a happy May!

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04/08/2026

🏡 Market Update for March 2026 🏡

🤔 Buyers and sellers adopting a wait-and-see approach to housing market.

Year-to-date, sales are tracking our forecast for the year closely, and the weakness in demand we continue to observe at the aggregate level is unsurprising. What’s interesting is that the aggregate total masks an emerging divergence among market segments. While the multifamily segment continues to see slower sales, the detached segment may be awakening with sales up, and new listings down from last year”, Andrew Lis said.

💰 Residential sales in the region totalled:

⬇️ 2,032 in March 2026, a 2.8% decrease from the 2,091 sales recorded in March 2025.
⬇️ 31.8% below the 10-year seasonal average (2,981).

“We continue to see fewer sellers stepping into the market than last year, which is keeping inventory levels relatively flat. Pairing this dynamic with sales remaining below long-term averages, we’re not seeing prices move significantly in either direction,” Lis said. “And while the political uncertainty over tariffs may have diminished relative to what we saw in early 2025, the conflict in the middle east is now putting upward pressure on bond yields and fixed mortgage ratess.“

👉 Swipe for more updates!

📲 Need help navigating the real estate market? Contact me today and let’s discuss the best strategies to buy and sell!

04/03/2026

🌸 Wishing a Happy Easter to all who are celebrating! 🪺

🐣 Have a wonderful long weekend celebration alongside loved ones!

🐰 How are you spending the Easter long weekend? Share in the comments!

04/01/2026

🌼 Happy April 1st! A new month is here!

🔔 Important reminder that every April, the Canadian Cancer Society’s Daffodil 🌼 Campaign raises funds to save lives and improve the quality of life for people affected by cancer, spreading hope from community to community 💛

🌼 Let’s do what we can to 🙏

03/17/2026

🍀 Happy St. Patrick’s Day! 🍀

Have a great celebration! 🎉 May you be happy and lucky today and always! Cheers 🍻

💚 How are you celebrating St. Patrick’s Day?

🔔 Reminder to don’t rely on luck only when it comes to finding your dream home!
📲 Contact your trusted realtor instead!

03/09/2026

🏡 Market Update for February 2026 🏡

💫 New normal for Metro Vancouver’s housing market continues.

“With each passing data point, the pace of sales running well-below long-term averages are no longer a surprise – it’s become the new norm. A surprising finding this February, however, is that home sellers appear less eager to list their homes relative to last year with new listings down about seven percent, mostly driven by fewer listings in the apartment segment”, Andrew Lis said.

💰 Residential sales in the region totalled:

⬇️ 1,648 in February 2026, a 9.8% decrease from February 2025
⬇️ 28.7% below the 10-year seasonal average (2,310).

“With fewer sellers coming to market with their properties than last year, a pick-up in demand heading into the spring could result in a stagnation of standing inventory, which may support prices around current levels,” Lis said. “With sales slightly outpacing our 2026 forecast year-to-date, the spring market will be the litmus test of whether we continue along this new normal, or if we see any significant surprises.”

👉 Swipe for more updates!

📲 Need help navigating the real estate market? Contact me today and let’s discuss the best strategies to buy and sell!

03/06/2026

🌸 This weekend we are celebrating - a day to honor and celebrate all the amazing and hard-working women who are conquering every day!

💐 Happy Women’s Day!

02/17/2026

🧧Happy Lunar New Year!🧧

🐎 May the Year of the Horse bring us good health, prosperity, and great success! 💫 Have a beautiful celebration alongside family and friends!

🐴 Let’s move forward with independence, endurance and a warm heart!

02/16/2026

🫶 Happy Family Day!

Hope you are celebrating today with loved ones and enjoying wonderful moments! 🥰

🏠 How are you spending this Family Day long weekend? Are you at home with the family or enjoying outdoor activities?

📲 Need a family home? Contact me today and let’s talk!

02/06/2026

🏡 Market Update for January 2026 🏡

💫 New year, same housing market in Metro Vancouver.

“On their own, the January sales appear alarming, but it’s important to put these figures in the context of the past few years. Last year ended with one of the lowest sales totals in over two decades, and so it’s not surprising that the January sales figures were fourth slowest in over two decades as well. Market momentum is a slowly evolving force, and in many ways, the January figures represent a market that continues slowly evolving to what may be a new normal”, Andrew Lis said.

💰 Residential sales in the region totalled:
⬇️ 1,107 in January 2026, a 28.7% decrease from January 2025
⬇️ 30.9% below the 10-year seasonal average (1,602).

“Our recent 2026 forecast suggests this year is likely to resemble 2025 on many fronts, and we expect sales to remain tepid. When paired with sellers remaining eager to list, inventory will likely remain elevated relative to historical averages and, as a result, we expect prices to finish the year relatively unchanged,” Lis said. “As consumers adjust to the ongoing backdrop of political and economic uncertainty, we expect a degree of pent-up demand to re-enter the market at some point. Whether it will happen in 2026 remains an open question, and we’ll be watching the market closely for signs of improvement”, Lis added.

👉 Swipe for more updates!

📲 Need help navigating the real estate market? Contact me today and let’s discuss the best strategies to buy and sell!

Address

1500-701 West Georgia Street
Vancouver, BC
V7Y1G5

Opening Hours

Monday	9am - 9pm
Tuesday	9am - 9pm
Wednesday	9am - 9pm
Thursday	9am - 9pm
Friday	9am - 9pm
Saturday	9am - 9pm
Sunday	9am - 9pm

Telephone

+17788398896

Website

http://chaichungprec.com/

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