IDX Wrapper | Patrick Hung, MBA - REALTOR® with Grand Central Realty

Patrick Hung, MBA - Realtor with Grand Central Realty

3 days ago

British Columbia Housing Market Update (October 2025):"BC Housing Market Activity Strengthening into the Closing Months of 2025"“Sales activity in many regions of the province has recovered to pre-tariff levels, with more expensive regions continuing to lag behind,” said BCREA Chief Economist Brendon Ogmundson. “We expect demand to steadily enter the market as interest rates fall, driving a stronger final quarter of the year.”For the complete news release: www.bcrea.bc.ca/wp-content/uploads/2025-10.pdfQuestions? Let's chat!604-715-9908 or Patrick@PatrickHung.ca!Not planning to buy or sell yourself? Maybe one of your friends or family members is! Ask me about my Referral Gifts!#RealEstate #SOLD #BuyBuyBuy ... See MoreSee Less

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Patrick Hung, MBA - Realtor with Grand Central Realty

6 days ago

Your 2-minute October 2025 Greater Vancouver Market Insights housing market update video!Questions? Let's chat!604-715-9908 or Patrick@PatrickHung.ca!Not planning to buy or sell yourself? Maybe one of your friends or family members is! Ask me about my Referral Gif#realestates#sold##buybuybuyuyBuy ... See MoreSee Less

October 2025 MLS® Market Insights | GVR

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Home sales registered on the MLS® in Metro Vancouver were 14 per cent lower than last October, as the trend of slower sales and building inventory creates fa...

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Patrick Hung, MBA - Realtor with Grand Central Realty

6 days ago

Curious to know what housing costs in different parts of town? Want to know how strong each market is as well?My October 2025 stats sheet is now ready, so please check it out!Don't see your neighbourhood? Ask me for it!Questions? Let's chat!604-715-9908 or Patrick@PatrickHung.ca!Not planning to buy or sell yourself? Maybe one of your friends or family members is! Ask me about my Referra#realestateR#soldt#buybuybuy#BuyBuyBuy ... See MoreSee Less

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Patrick Hung, MBA - Realtor with Grand Central Realty

1 week ago

BCREA 2025 Fourth Quarter Housing Forecast:"A Strong Finish to 2025 Sets Up a Brighter 2026 for the BC Housing Market"" “After lofty expectations heading into the year, both the 2025 economy and housing market have disappointed,” said BCREA Chief Economist Brendon Ogmundson. “However, with tariff uncertainty lingering but far less prominent, we expect a strong hand-off to 2026 as activity closes out 2025 on an upswing.”With active listings running near what we consider a healthy long-term level – about 45,000 homes for sale across the province – markets are expected to be balanced in 2026, with limited price growth. We anticipate the average price in BC will rise roughly four per cent in 2026 to $995,600, up from $957,700 in 2025. This increase will largely reflect composition effects, as the sales recovery in higher-priced markets in the Lower Mainland catches up to the rest of the province."Questions? Let's chat!604-715-9908 or Patrick@PatrickHung.ca!Not planning to buy or sell yourself? Maybe one of your friends or family members is! Ask me about my Referral Gifts!#RealEstate #SOLD #BuyBuyBuy ... See MoreSee Less

BCREA 2025 Second Quarter Housing Forecast: Pent-up Demand Builds as Tariff Uncertainty Drives Buyers to the Sideline - British Columbia Real Estate Association

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To view the full interactive BCREA Housing Forecast, click here. To download the PDF, click here. Vancouver, BC – April 30, 2025. The British Columbia Real Estate Association (BCREA) released its 20...

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Patrick Hung, MBA - Realtor with Grand Central Realty

2 weeks ago

Greater Vancouver Housing Market Update (October 2025):"Slow sales and high inventory give buyers the edge in October"In a nutshell for October 2025:*Sales volume compared to October 2024 decreased about 14.0% and for the month was 14.5% below the 10-year seasonal average.*The total number of listings available today is 13.2% higher than October 2024 and 35.9% above the 10-year seasonal average.*Benchmark pricing changes compared to September 2025:- Overall: -0.8%- Detached: -0.9%- Apartments: -1.4%- Attached: -0.3%*Sales-to-Active Ratio:- Overall: 14.2%, a 2.9% increase from September 2025.- Detached: 11.3% (+2.8%)- Attached: 17.6% (+4.9%)- Condominiums: 15.5% (+2.2%)(Generally, analysts say that downward pressure on home prices occurs when the ratio dips below the 12% mark for a sustained period, while home prices often experience upward pressure when it surpasses 20% over several months)For the complete news report: members.gvrealtors.ca/news/GVR-Stats-Package-October-2025.pdfQuestions? Let's chat!604-715-9908 or Patrick@PatrickHung.ca!Not planning to buy or sell yourself? Maybe one of your friends or family members is! Ask me about my Referral Gifts!#RealEstate #SOLD #BuyBuyBuy ... See MoreSee Less

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Patrick Hung, MBA

REALTOR®

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Patrick Hung, MBA - Realtor with Grand Central Realty