Rob Aitken Real Estate

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Rob Aitken Real Estate

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I've lived and worked in Vancouver for over 25 years, and love everything that this beautiful city h

09/04/2026

August Market Update

The summer season for Metro Vancouver ended with more unsettled market results in August, mirroring July’s lacklustre performance. Sales for August across Metro Vancouver were down 4.6% when compared to August 2025 and were almost 21% lower than the 10-year average.

There’s no shortage of headwinds for both Buyers and Sellers right now, with tensions in the middle east, a trade war with our biggest trading partner, elevated borrowing costs and the resulting economic uncertainty. Sellers continued to sit on the sidelines last month with new listing activity down for the 4th month in a row, dropping by 3% from August 2025 and 18% from July 2026. The number of available properties across Metro Vancouver, while still elevated, dropped by 10% from August 2025.

According to Andrew Lis, Greater Vancouver Realtors’ chief economist and vice-president data analytics: “While the renewed trade tensions with the USA are an unwelcome distraction for the market, we still believe the main drivers of this soft market are the slowdown in immigration to our region, reduced investor demand, and mortgage rates that aren’t low enough to incentivize robust buying activity.”

Most forecasters have adjusted their outlook for the remainder of 2026, with an expectation of subdued demand and muted sales activity continuing until we start to see visible market recovery in early 2027. However, the offset of lower new listing activity and dropping proper inventories should keep property values relatively stable through the fall season. As always, the slower market pace presents great opportunities for Buyers who have ample property options to choose from and enough time to really research buying opportunities.

Let's take a look at how these market dynamics shape your real estate needs, so we can develop a customized, winning strategy for you!

08/13/2026

The sales growth we saw in the Greater Vancouver real estate market in June lost momentum in July, erasing all the gains from the previous month. Sales across the region were down by 9.8% from those in July 2025 and were almost 14% below those in June 2026.

Sellers also seemed hesitant to enter the market last month. The number of newly listed properties across all property types dropped by 11.5% from July 2025 and 15.7% from June 2026. As a result, the total inventory of available properties across the region dropped 4% from July 2025 and 5.5% from June 2026. This decrease in new property inventory was most evident in the apartment segment, with a 10.3% drop in available resale properties compared to June 2026.

According to Andrew Lis, Greater Vancouver Realtors chief economist and vice-president data analytics: “Over the past few years, the sales activity story has often been one step forward, one step back, and the June and July data are a prime example of this pattern.” The combination of lower sales and lower listings activity resulted in slight downward pricing pressure last month, with home values dropping by roughly 1% from the previous month. However, the sales-to-actives ratio stayed in the lower end of balanced market territory at 12.9%. It’s said that there’s downward pressure on home prices when this ratio stays below 12% for a sustained period.

Historically, seasonal patterns would suggest that we shouldn’t expect August to be considerably busier than July, so there should be some favourable buying opportunities this month for motivated consumers. I look forward to discussing how this information impacts your real estate needs. Reach out anytime to find out more!

07/24/2026

We look forward to seeing you at the Yorkville this Saturday to check this super functional 1-Bedroom and Den in highly sought-after Kitsilano, north of 4th Avenue. With a recently completed bathroom renovation, new appliances and many updates and upgrades to the building, this is the one that you've been waiting for.

1 Bed+Den | 1 Bath|650 SF
Offered at $725,000

07/23/2026

I'm so happy for my clients for securing their new home in multiple offers at the iconic Woodward's building. With sweeping views of the city and mountains, along with resort like amenities, this beautifully updated property is exactly what they were looking for.

2 Bed | 2 Bath | 1,036 SF
Offered at $899,000

07/08/2026

June Market Update

The summer real estate season started with a long-awaited increase in demand across all property types in Metro Vancouver. Sales for June were 9.6% higher than June 2025, and Dollar Sales Volumes were the highest since October 2024.

One notable difference when comparing June’s results to previous months is the increase seen across all property types. Detached home sales showed progress in April and May, but June’s results also included healthy sales gains for condos and townhomes. Condo sales across Metro Vancouver were the strongest we’ve seen since May 2024.

A dip in new listing activity could potentially add more fuel to buyer demand in the coming months as the number of new listings decreased for the 2nd month in a row. Total inventory also fell 1.6% from May 2026 – the first decrease in available listings since the beginning of 2026. According to Andrew Lis, GVR chief economist and vice-president of data analytics: “It’s still too early to call, but if the current pattern of rising demand and slower new listings continues, we may see a sustained downtrend in inventory over the coming months.”

June’s increase in sales hasn’t impacted property values yet, as we saw a 0.1% decrease for the June Benchmark Home Price Index, but the sales-to-actives ratio saw gains across all property types, and was 14.7% for Metro Vancouver last month, up from 12.6% across all property types in May 2026.

For now, the market remains in balanced territory, with a considerable number of available options for Buyers and increased buying activity and motivated consumers for Sellers. Time will tell whether the June results are the beginning of a broad-based market recovery for this summer and beyond.

Please reach out to me directly for more information.

06/13/2026

We're excited to showcase this super functional 1-Bedroom and Den in highly sought-after Kitsilano, north of 4th Avenue. Concrete construction, with a multitude of updates and upgrades to the building and unit. This is the one you've been waiting for. We look forward to seeing you over the weekend!

1 Bed+Den | 1 Bath|650 SF
Offered at $735,000

05/13/2026

I'm very excited for my clients, who are first-time home Buyers in Vancouver. After an extensive search and lots of due diligence, we found the perfect new home for them in the heart of Yaletown at the Concordia 1, right next to the beautiful David Lam park. Right in time to take in the excitement of the FIFA World Cup!

2 Bed | 2 Bath | 876 SF
Offered at $874,000

05/12/2026

April Market Results

Home sales across Metro Vancouver remained relatively stable in April compared to last year. Residential sales were down 2.5% from April 2025, which is just under 23% below the 10-year average. However, a notable trend continues to take shape: detached homes are gaining momentum, while condo and townhome sales continue to trend well below historical levels.

Detached home sales are up by 14.9% over April 2025 and have experienced strong double-digit growth every month of 2026 so far. According to Andrew Lis, GVR chief economist and vice-president data analytics: “The fact this pattern is so broad-based reduces the likelihood what we’re seeing is just a blip in the data since the momentum isn’t isolated to small pockets of the market.”

The strength in the detached segment is being offset by robust new listing activity which is curbing upward pressure on home pricing. The number of active listings remained virtually unchanged in April, but new listings surged by over 16% across all property segments and by 24.65% in the detached home segment.The sales-to-active listings ratio sat at 13.5% overall, with detached homes at 11.3% (continuing a 4-month positive trend), attached homes at 15%, and apartments at 14.7%. Historically, prices tend to soften when this ratio stays below 12% and rise when it exceeds 20% over time.

“Detached homes have occasionally signaled broader market direction,” Andrew Lis noted. “With that segment picking up as we enter the peak spring season, it raises the question of whether others will follow.” In the interim, the balanced market conditions are providing both Buyers and Sellers with the time to perform the necessary due diligence and make measured decisions about their real estate transactions.

Wondering how this information affects you? I welcome the opportunity to discuss how these market dynamics shape your specific real estate situation.

04/17/2026

I'm excited to showcase this spacious 2 Bedroom and Den, located steps from vibrant Wesbrook Village. Over-height ceilings, concrete construction and open floor plan are complemented by a sizeable private patio, surrounded by lush landscaping. We look forward to seeing you over the weekend!

2 Bed+Den | 2 Bath|958 SF
Offered at $1,075,000

04/14/2026

Congratulations to my happy clients on the purchase of this beautiful property at the legendary Silver Sea in Vancouver’s Beach District. With expansive views of Howe Sound, Granville Island, False Creek, and seawall access right outside their front door, their new home represents everything one could hope for in urban waterfront living.

2 Bed | 3 Bath | 1,938 SF
Offered at $3,980,000

Address

2126 West 41st Avenue
Vancouver, BC
V6M1Z1

Telephone

+16043194751

Website

http://www.robaitkenrealestate.com/

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