Julien Delbassee Leflon Personal Real Estate Corporation

02/10/2026

📈📉 Market Stats and Interest rate update - February 2026

📉 January 2026 — New Year, Same Market
🧊 Sales: Still Very Quiet
1,107 total sales
⬇️ -28.7% YoY
⬇️ -30.9% vs 10-yr average
4th slowest January in 20+ years
💬 Andrew Lis: The market is slowly evolving toward a new normal, not collapsing.

🏘️ Listings: High Inventory Pressure
5,157 new listings ⬇️ -7.3% YoY
Still +19.4% above 10-yr average
12,628 active listings ⬆️ +9.9% YoY
+38% above long-term norms
➡️ Sellers remain active, buyers remain cautious.

🧭 Market Balance: Buyer’s Market Firmly In Place
Sales-to-active listings ratio: 9.1% ❄️
Detached: 6.7% 🧊
Townhomes: 11.1%
Condos: 10.3%
📌 Below 12% = downward pressure on prices

💲 Prices: Softening Across All Property Types
📊 Composite Benchmark: $1,101,900
⬇️ -5.7% YoY
🏠 Detached
Price: $1,850,800
⬇️ -7.3% YoY
Sales: 300 ⬇️ -21.1%
🏢 Condos
Price: $704,600
⬇️ -5.9% YoY
Sales: 554 ⬇️ -34.5% ❗
🏘️ Townhomes
Price: $1,043,400
⬇️ -5.4% YoY
Sales: 246 ⬇️ -23.4%

🔮 Outlook for 2026
Sales expected to remain tepid
Inventory likely to stay elevated
Prices projected to finish largely flat
⏳ Pent-up demand exists, but timing is uncertain

01/07/2026

🏡 Greater Vancouver Real Estate Market | Year-End 2025 Update 📊

Overall Market Conditions
2025 marked a significant shift in market dynamics. Sales slowed considerably while inventory climbed to record levels, creating buyer-favouring conditions across most property types. Prices softened throughout the year as choice increased and demand remained subdued.

Total Sales – Full Year 2025
• 23,800 homes sold across Metro Vancouver
• Down 10.4% from 2024
• Nearly 25% below the 10-year annual average
➡️ Lowest annual sales total in over two decades

Recent Monthly Activity – December 2025
• 1,537 homes sold, down 12.9% year-over-year
• Sales were 20.7% below the 10-year seasonal average
• 1,849 new listings came to market, up 10.3% from December 2024

Sales-to-Active Listings Ratio (December 2025)
• Overall: 12.7%
• Detached: 9.3%
• Townhomes: 14.6%
• Apartments: 15.1%
Ratios at this level indicate continued downward pressure on prices, particularly for detached homes.

Benchmark Home Prices (Year-End)
• All residential properties: $1,114,800 (⬇️ 4.5% year-over-year)
• Detached homes: $1,879,800 (⬇️ 5.3%)
• Townhomes: $1,056,600 (⬇️ 5.0%)
• Apartments: $710,000 (⬇️ 5.3%)

Total Sales by Property Type – December 2025
• Detached: 431 sales (⬇️ 12.8% YoY)
• Apartments: 791 sales (⬇️ 11.2% YoY)
• Townhomes: 303 sales (⬇️ 18.3% YoY)

Overall Summary
While 2025 recorded historically low sales, it also delivered the highest listing volumes in decades, easing competition and creating more balanced conditions for buyers. With prices lower, borrowing costs easing, and inventory elevated, 2026 is starting with improved affordability and opportunity — though the pace of demand recovery remains the key question ahead.

📩 Thinking about buying, selling, or planning your next move in 2026? Let’s build the right strategy.

Julien Delbassée-Leflon
📞 604-837-1979

01/01/2026

🎉✨ Happy New Year 2026! ✨🎉

As we step into a brand new year, I want to take a moment to thank my family, friends, and clients for your trust, kindness, and support. I am so grateful for the relationships we’ve built and the memories we’ve shared.

Wishing you a 2026 filled with health, happiness, and exciting new opportunities. May this year bring you joy, success, and moments you’ll treasure. 🥂✨

Here’s to fresh beginnings and a bright year ahead! 💛
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🎉✨ Bonne Année 2026 ! ✨🎉

En ce début d’année, je tiens à remercier ma famille, mes amis et mes clients pour votre confiance, votre gentillesse et votre soutien. Je suis profondément reconnaissant(e) pour les liens que nous avons tissés et les beaux souvenirs partagés.

Je vous souhaite une année 2026 remplie de santé, de bonheur et de nouvelles opportunités. Que cette année vous apporte de la joie, du succès et de précieux moments à chérir. 🥂✨

À de nouveaux départs et à une belle année qui commence ! 💛

12/25/2025

🎄✨ Merry Christmas! ✨🎄

This season always reminds me how important it is to pause and appreciate the people who make life so meaningful. To my family, friends, and clients and thank you for your trust, support, and kindness throughout the year. I feel truly blessed to know and work with such wonderful people.

Wishing you a Christmas filled with warmth, laughter, and special moments with those you hold dear. ❤️
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🎄✨ Joyeux Noël ! ✨🎄

En cette période de fêtes, je prends un moment pour exprimer toute ma gratitude. À ma famille, mes amis et mes clients et merci pour votre confiance, votre soutien et votre amitié tout au long de l’année. J’ai la chance de côtoyer des personnes aussi formidables.

Je vous souhaite un Noël rempli de chaleur, de rires et de précieux moments avec ceux qui comptent le plus pour vous. ❤️

12/05/2025

1. 📉 Sales Remain Weak — Buyers Still Waiting
1,846 total sales, down 15.4% vs. Nov 2024.
Sales are 20.6% below the 10-year seasonal average.
All property types saw double-digit declines in activity

2. 🏘️ Inventory Is High & Rising
15,149 active listings, up 14.4% YoY.
Inventory is 36.3% above the 10-year seasonal average.
New listings (3,674) are slightly down (-1.4%) from last year.

3. 🧭 Strong Buyer’s Market Conditions
Overall sales-to-active ratio: 12.6%
Detached: 9.7% ❄️ (clear buyer’s market)
Townhomes: 13.6%
Condos: 14.8%
Below ~12% → downward pressure on prices.

4. 💲 Prices Softening Across the Region
Composite benchmark: $1,123,700
-3.9% YoY
-0.3% MoM
Detached: $1,900,600 (-4.3% YoY)
Townhouse: $1,065,600 (-4.4% YoY)
Condo: $714,300 (-5.2% YoY)
👉 Overall: Gradual, steady price softening.

5. ⏳ Homes Taking Longer to Sell
More inventory + fewer active buyers = longer days on market.
Sellers must price sharply and realistically.

6. 🏦 Rates Stable, Sentiment Still Cautious
Borrowing costs are steady, not driving a demand surge yet.
Buyers remain cautious: “wait-and-see” mode continues.

7. 📍 Sub-Market Highlights
Largest declines: Burnaby, Maple Ridge, Vancouver West.
Areas holding stronger:
Bowen Island (+5.2% monthly) 🌲
Sunshine Coast condos (+2.4% monthly) 🌅
West Vancouver condos (+4.3% monthly)

https://youtu.be/KEy7KEaRtm4?si=Ev13uC8PBd7w_F8J

Book a 30 minutes private call:https://book.julien.realestate/widget/bookings/private-30-min-home-seller-call-with-julienDecember 2025 Market Summary1. 📉 Sa...

12/03/2025

🏡🏘️🏢 Market Update | November 2025

Overall Market Conditions
Market Tilt: Buyer-favouring conditions remain. Sales dropped, inventory is elevated, and buyers continue to hold negotiating leverage.

MLS® Sales: 1,846 homes sold in November — a 15.4% decrease compared with November 2024. This total is 20.6% below the 10-year seasonal average of 2,324.
New Listings: 3,674 properties were newly listed — down 1.4% vs. November 2024 (3,725).
Active Listings: 15,149 homes were actively listed at month’s end — up 14.4% from November 2024 (13,245), and 36.3% above the 10-year seasonal average of 11,116.

Sales-to-Active Listings Ratio:
• Overall: 12.6%
• Detached: 9.7%
• Attached (Townhomes): 13.6%
• Apartments: 14.8%

Interpretation: Ratios under ~12% typically signal downward price pressure; the overall ratio is just slightly above, but detached remains quite weak, reinforcing a generally soft market.

🏡 Home Prices (Benchmark, Greater Vancouver)
• Composite benchmark: C$1,123,700 — down 3.9% year-over-year and 0.3% down from October 2025.
• Detached: C$1,900,600 — down 4.3% YoY, and 0.4% MoM.
• Townhomes (Attached): C$1,065,600 — down 4.4% YoY, and 0.1% increase MoM (versus October 2025).
• Apartments: C$714,300 — down 5.2% YoY, and 0.2% down MoM.

Sales by Property Type
• Detached homes: 541 sales — down 13.6% YoY (vs. 626 in Nov 2024).
• Townhomes (Attached): 350 sales — down 22.4% YoY (vs. 451 in Nov 2024).
• Apartments: 945 sales — down 13.2% YoY (vs. 1,089 in Nov 2024).

✅ In short: November 2025 reinforces a buyer-tilted market across Greater Vancouver. Sales plunged compared with last year and remain well under long-term seasonal norms, while listings continue to pile up. Benchmark prices eased across all property types, especially apartment and townhome segments. For buyers, this continues to offer opportunity and bargaining leverage; for sellers, strategic pricing and cash-flow considerations will matter more than ever.

Have questions about what this means for you? Let’s chat! 📩
Julien Delbassée-Leflon
📞 604-837-1979

11/14/2025

🏡 Just Sold | #310-750 W 12th Avenue

Congratulations to A&J on their new purchase!

Tapestry by Concert Properties is a boutique concrete building in the popular Fairview neighbourhood. Welcome to this open and airy home featuring fresh paint, an updated modern kitchen and efficient floor-plan with absolutely no wasted space. The primary bedroom features a luxurious sized walk-in-closet while the bright den/2nd bedroom gives you flexibility for working from home, guest room or nursery. There is a fully covered patio for year round bbqs. The area features an abundance of amenities with multiple transit options including the Canada Line and Broadway extension within a short walk, VGH, City Square shopping centre and a plethora of restaurants & shops along Broadway and Cambie. The building features EV charging stalls, bike rooms and a massive amenity room.

A big THANK YOU to JJ Lu with Oakwyn. It has been a pleasure working with you! You have been very professional throughout the negotiations process.

Listed for: $799,900
🛏️ 2 | 🛁 1 | 🚘 1 Parking Stall | 📐 760 SQ FT

If you are curious how you can get yourself into a new property. Give me a call!!

Julien Delbassée-Leflon
📞 604-837-1979

11/11/2025

🌺 Remembrance Day 🌺

Today, we pause to honour the courage, sacrifice, and dedication of those who have served—and continue to serve—our country. Their bravery has given us the freedom and peace we cherish today.

Let us take a moment to reflect, remember, and express our deepest gratitude to all who have given so much for Canada.

Lest we forget. ❤️
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🌺 Jour du Souvenir 🌺

Aujourd’hui, nous rendons hommage au courage, au sacrifice et au dévouement de celles et ceux qui ont servi – et qui continuent de servir – notre pays. Leur bravoure nous a offert la liberté et la paix dont nous jouissons aujourd’hui.

Prenons un moment pour réfléchir, nous souvenir et exprimer notre plus profonde gratitude envers tous ceux et celles qui ont tant donné pour le Canada.

Nous nous souvenons d’eux ❤️

Julien Delbassée-Leflon
📞 604-837-1979

11/07/2025

🏡 October Market Update: Buyers Take the Driver’s Seat
Key Takeaway: With slower sales and higher inventory, buyers are back in control this fall. Conditions haven’t been this balanced in years.

📊 Market Snapshot
Sales: 2,255 homes sold down 14% year-over-year and 15% below the 10-year average.
New Listings: 5,438 properties steady from last year but 16% above the 10-year average.
Active Listings: 16,393 homes on the market up 13% vs. last year and 36% above the long-term average.
Sales-to-Active Listings Ratio: 14.2% → a clear buyer’s market signal.

💰 Benchmark Prices
All Homes: $1,132,500 ↓ 3.4% YoY
Detached: $1,916,400 ↓ 4.3% YoY
Townhouses: $1,066,700 ↓ 3.8% YoY
Condos: $718,900 ↓ 5.1% YoY

🧭 Market Insight
Even after multiple Bank of Canada rate cuts, buyers remain selective. Inventory peaked mid-year and has started to ease, while prices have softened across all housing types.
➡️ With no more rate drops expected this year, motivated buyers now have time, leverage, and choice — a rare combination in Metro Vancouver.

💡 What This Means for You
✅ Buyers: This is your window to negotiate strong terms and secure a great property before competition returns.
✅ Sellers: Pricing right and presenting your home strategically will make all the difference in today’s market.

📞 Let’s Talk Strategy
If you’re thinking about buying or selling, now’s the time to review your options with data-driven insight.
👉 Book your fall real estate strategy session today
📞 604-837-1979

🏡 October Market Update: Buyers Take the Driver’s SeatKey Takeaway: With slower sales and higher inventory, buyers are back in control this fall. Conditions...

11/07/2025

BONJOUR BUSINESS | UPCOMING EVENT

I am pleased to share that I will be exhibiting at BONJOUR BUSINESS, the Trade Show for Francophone Businesses, Artisans, and Artists, organized by CCF Vancouver, on Thursday, November 27, 2025.

For the fourth consecutive year, BONJOUR BUSINESS will bring together Francophone entrepreneurs, artisans, artists, and organizations from across Greater Vancouver to celebrate the creativity, diversity, and energy of our community.

I would be delighted to see you there and introduce you to my business.

Event website: https://bonjourbusiness.ca
📅 Date: Thursday, November 27, 2025
📍 Location: Roundhouse Community & Arts Centre, Yaletown - Vancouver
🕒 Time: 3:00 PM - 8:00 PM
🎟 Free admission

I look forward to seeing you there!
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J'aurai le plaisir, le jeudi 27 novembre 2025, d'exposer à BONJOUR BUSINESS, le Salon des Entreprises, Artisans et Artistes Francophones, organisé par la CCF Vancouver.

Pour la quatrième année consécutive, BONJOUR BUSINESS réunira les entrepreneurs, artisans, artistes et organisations francophones du Grand Vancouver pour célébrer la créativité, la diversité et le dynamisme de notre communauté.

Je serais ravi.e de vous y retrouver et de vous présenter mon activité.

Voici le lien vers le site de l'événement : https://bonjourbusiness.ca
Date : jeudi 27 novembre 2025
Lieu : Roundhouse Community & Arts Centre, Yaletown - Vancouver
Horaires : 15h00 - 20h00
Entrée gratuite

Au plaisir de vous y retrouver!

Vancouver Francophone Expo hosted by the CCF Vancouver

11/06/2025

🏡🏘️🏢 Market Update | October 2025

Overall Market Conditions
Market Tilt: Still firmly in buyer-favouring territory; sales are down, inventory remains elevated, giving purchasers meaningful leverage.

MLS® Sales: 2,255 homes sold in October. A 14.3% decrease year-over-year (from 2,632 in October 2024).
This figure is also 14.5% below the 10-year seasonal average of 2,638.

New Listings: 5,438 newly listed properties. Essentially flat compared to October 2024, down only 0.3%.

Active Listings: 16,393 homes actively listed. Up 13.2% from October 2024 (14,477), and 35.9% above the 10-year average (12,063).

Sales-to-Active Listings Ratio:
* Overall: 14.2%
* Detached: 11.3%
* Attached (Townhomes): 17.6%
* Apartments: 15.5%

Interpretation: With the overall ratio below 20% and the detached market especially low (11.3%). The market continues to exhibit downward price pressure characteristics.

⸻

🏡 Home Prices (Benchmark, Greater Vancouver)
* Composite benchmark: $1,132,500 - down 3.4% YoY, and 0.8% MoM (versus September).
* Detached: $1,916,400 - down 4.3% YoY, and 0.9% MoM.
* Townhomes (Attached): $1,066,700 - down 3.8% YoY, and 0.3% MoM.
* Apartments: $718,900 - down 5.1% YoY, and 1.4% MoM.

Sales by Property Type
* Detached: 693 sales - down 4.3% YoY (vs 724 in Oct 2024).
* Attached (Townhomes): 477 sales - down 4.8% YoY (vs 501 in Oct 2024).
* Apartments: 1,071 sales - down 23.1% YoY (vs 1,393 in Oct 2024).

✅ In short: October 2025 confirms that the Greater Vancouver market remains buyer-tilted. Sales continue to track well below both last year’s level and long-term norms, while inventory is elevated and benchmark prices are slipping across all major property types. For buyers, this means increased negotiating power and more selection. For sellers, the takeaway is clear: pricing strategy and market positioning are more critical than ever.

Have questions about what this means for you? Let’s chat! 📩
Julien Delbassée-Leflon
📞 604-837-1979

10/29/2025

📰 Big News for Homebuyers & Homeowners
Today, the Bank of Canada announced a 0.25% decrease in its key overnight rate from 2.50% down to 2.25%.

🔍 What this means for you:
• If you’re a variable-rate mortgage owner, you could see lower interest costs as banks pass along this cut.
• For fixed-rate buyers: less immediate change, but this signals a more favourable rate environment ahead.
• For sellers: this may broaden the pool of buyers who feel more comfortable financing their next home.
• For our Vancouver & Greater Vancouver market: every tick down in rates helps boost buyer confidence and affordability.

💡 Our take:
We know how to interpret shifts like this and translate them into strategy for you. A rate cut like this can be a catalyst:
• Buyers: now is a great time to revisit your budget, connect with a mortgage advisor, and see if you can afford more than you thought.
• Homeowners/Refinancers: consider discussing whether now’s the time to switch to a variable or renegotiate your loan.
• Sellers: knowing buyers might feel a little more empowered can help you time your listing well and plan your positioning.

📆 What to watch next:
• The Bank indicated this cut might be the last one for a while unless the economy weakens further.
• We’ll keep an eye on how lenders react (variable rates, fixed rates) and how our local market absorbs the news.
• If you’ve been thinking “should I move now?” or “how much can I afford?”, this is your moment to get in touch with me and our trusted Mortgage Broker to fine tune the new number you can work with

If you’re in the Greater Vancouver area and wondering what this rate cut means specifically for your real estate strategy — whether buying, selling, or refinancing — call me to schedule a complimentary strategy session tailored to you.

Julien Delbassée-Leflon
📞 604-837-1979