New GST Rebate for First-Time Home Buyers in Canada

As of March 13, 2026, the Canadian federal government has introduced Bill C-4, which includes a new First-Time Home Buyer GST/HST Rebate program. The goal of this initiative is to make purchasing new homes more affordable for Canadians entering the housing market.

For buyers considering new construction homes in British Columbia, this rebate may provide significant savings.

What Is the New GST Rebate?

The new federal policy allows eligible first-time home buyers in Canada to receive up to 100% of the GST paid on a new home, with a maximum rebate of $50,000.

The rebate applies to homes priced under $1 million, with a gradual phase-out for homes priced between $1 million and $1.5 million.

Rebate Structure

The GST rebate is structured as follows:

• Homes under $1,000,000
Buyers may receive up to 100% of the GST paid, capped at $50,000.

• Homes priced between $1,000,000 and $1,500,000
The rebate gradually decreases as the purchase price increases.

• Homes over $1,500,000
No GST rebate is available.

Eligible Property Types

The program applies to several types of residential properties, including:

• New homes purchased directly from a builder
• New condominiums or townhouses
• Substantially renovated homes
• Owner-built homes

These rules are particularly relevant for buyers exploring new developments and presale homes in Metro Vancouver, Langley, Coquitlam, and the Fraser Valley.

First-Time Buyer Eligibility

To qualify for the rebate, buyers must meet several conditions:

• Be a Canadian citizen or permanent resident
• Be at least 18 years old
• Be a first-time home buyer (no home ownership in the current or four preceding calendar years)
• Purchase the home as their primary residence
• Be the first person to occupy the home

Program Timeline

The rebate applies to agreements of purchase and sale entered into on or after May 27, 2025.

Additionally:

• Construction must begin before 2031
• The home must be completed before 2036

What This Means for Buyers in BC

For many buyers in markets such as Langley, Surrey, Coquitlam, and Metro Vancouver, this new GST rebate could reduce the overall cost of purchasing a new construction property.

Understanding how this rebate applies to different property types and price ranges can help buyers make more informed decisions when entering the market.

Learn More About Buying Real Estate in BC

If you are exploring new homes, presale condos, or investment opportunities in British Columbia, working with an experienced real estate professional can help you understand available programs, taxes, and purchasing strategies.

The Anna Litvak Joseph Team specializes in helping buyers navigate the Metro Vancouver and Fraser Valley real estate market, including new construction homes and presale opportunities.

ABOUT ANNA LITVAK JOSEPH

Anna is a licensed REALTOR® based in Greater Vancouver and providing trading real estate services across Metro Vancouver, Greater Vancouver, Fraser Valley & Kelowna. Anna has an impressive track record and a wealth of experience in all the aspects of the real estate industry. As a full-time REALTOR®, Anna is dedicated to providing her clients with top-notch service, expert advice, and outstanding results in their real estate transactions. Anna emphasizes the importance of building valuable relationships and ensuring client satisfaction from the initial thoughts of making a move and through the home ownership journey. Her customer-centric approach is fundamental to her business philosophy.

With over 15 years of sales experience & entrepreneurship, Anna brings a high level of professionalism, customer service, and integrity to her real estate career. Anna’s outstanding performance in real estate is underscored by her impressive achievements. She qualified as a  Medallion Club Member in 2018, 2019, 2020, 2021, 2022, 2023 and 2024 placing her among the top 10% of real estate agents in Greater Vancouver. Anna has worked hard to gain numerous 5 star testimonials, and is being featured in several publications year over year, including Vancouver Excellence in Real Estate, Top agent Magazines, and more. Anna is also highly ranked in multiple cities across RATE-MY-AGENT.

Anna’s professionalism, expertise and knowledge is the reason why the majority of her business today consists of referral or repeat customers.  

About the team: The Anna Litvak Joseph Team at BC Prime Realty is a full-service real estate team that has grown over the years to a trusted brand that provides service to thousands of happy buyers and sellers.

Their dedication has been acknowledged with the prestigious Medallion Club award in 2020, 2021, 2022, 2023, 2024, and 2025 highlighting their excellence as one of the top 10% teams among real estate groups in Greater Vancouver.

The Anna Litvak Joseph Team values diversity and relationship, therefore they follow client- centric approach, making it stress-free journey throughout their real estate experience.

The Anna Litvak Joseph Team is truly passionate about their mission of deliver excellence in Real Estate by building long term relationships. Their professionalism, expertise and knowledge is the reason why the majority of their business consists of referral or repeat customers. 

MEET TEAM MEMBERS

Listings  | Selling a Home  | Home Evaluation  | Moving to BC  | Investors 

Market Statistics  | Customized Market Insights

Metro Vancouver’s housing market continued to show more balanced and cautious activity in February, with sales remaining slower than typical seasonal levels. Buyers are taking more time to make decisions as inventory has increased, providing greater choice and negotiating opportunities. While overall pricing has experienced some downward adjustment compared to last year, the market remains active with steady demand across different property types. Current conditions suggest a more balanced environment where both buyers and sellers are adapting to evolving market dynamics.

🏠 Detached Homes (February 2026):
Sales of detached homes reached 427 in February 2026, a 10.5% decrease from the 477 sales recorded in February 2025. The benchmark price for a detached home is currently $1,835,900, representing an 8.8% decline year-over-yearand a 0.8% decrease compared to January 2026. Detached properties continue to face softer demand as affordability challenges remain a key factor influencing buyer activity in this segment.

🏢 Apartments / Condos (February 2026):
Apartment sales totalled 824 in February 2026, reflecting a 15.6% decrease compared to the 976 sales recorded in February 2025. The benchmark price for apartment homes is $708,200, representing a 6.8% decline year-over-year, though prices saw a modest 0.5% increase compared to January 2026. Apartments remain the most active property type in terms of sales volume, particularly among first-time buyers and investors seeking more attainable entry points into the market.

🏘 Townhomes / Attached Homes (February 2026):
Attached home sales showed some resilience, reaching 387 transactions in February 2026, a 7.8% increase compared to the 359 sales recorded in February 2025. The benchmark price for a townhouse is currently $1,046,100, representing a 5.6% decrease year-over-year, but a slight 0.3% increase compared to January 2026. Townhomes continue to attract buyers seeking a balance between space and affordability compared to detached homes, helping sustain demand in this segment despite broader market softness.

Overall Summary:
Overall, the market continues to move toward more balanced conditions, with increased inventory providing buyers with greater choice while prices show modest adjustments across property types. As the market evolves, both buyers and sellers are approaching transactions with greater caution, making strategic pricing and informed decision-making more important than ever.

ABOUT ANNA LITVAK JOSEPH

Anna is a licensed REALTOR® based in Greater Vancouver and providing trading real estate services across Metro Vancouver, Greater Vancouver, Fraser Valley & Kelowna. Anna has an impressive track record and a wealth of experience in all the aspects of the real estate industry. As a full-time REALTOR®, Anna is dedicated to providing her clients with top-notch service, expert advice, and outstanding results in their real estate transactions. Anna emphasizes the importance of building valuable relationships and ensuring client satisfaction from the initial thoughts of making a move and through the home ownership journey. Her customer-centric approach is fundamental to her business philosophy.

With over 15 years of sales experience & entrepreneurship, Anna brings a high level of professionalism, customer service, and integrity to her real estate career. Anna’s outstanding performance in real estate is underscored by her impressive achievements. She qualified as a  Medallion Club Member in 2018, 2019, 2020, 2021, 2022, 2023 and 2024 placing her among the top 10% of real estate agents in Greater Vancouver. Anna has worked hard to gain numerous 5 star testimonials, and is being featured in several publications year over year, including Vancouver Excellence in Real Estate, Top agent Magazines, and more. Anna is also highly ranked in multiple cities across RATE-MY-AGENT.

Anna’s professionalism, expertise and knowledge is the reason why the majority of her business today consists of referral or repeat customers.  

About the team: The Anna Litvak Joseph Team at BC Prime Realty is a full-service real estate team that has grown over the years to a trusted brand that provides service to thousands of happy buyers and sellers.

Their dedication has been acknowledged with the prestigious Medallion Club award in 2020, 2021, 2022, 2023, 2024, AND 2025 highlighting their excellence as one of the top 10% teams among real estate groups in Greater Vancouver.

The Anna Litvak Joseph Team values diversity and relationship, therefore they follow client- centric approach, making it stress-free journey throughout their real estate experience.

The Anna Litvak Joseph Team is truly passionate about their mission of deliver excellence in Real Estate by building long term relationships. Their professionalism, expertise and knowledge is the reason why the majority of their business consists of referral or repeat customers. 

MEET TEAM MEMBERS

Listings  | Selling a Home  | Home Evaluation  | Moving to BC  | Investors 

Market Statistics  | Customized Market Insights

THE Anna Litvak Joseph TEAM is excited to host a special business seminar featuring our trusted U.S. real estate partner — focused on unlocking real estate opportunities south of the border.

LOCATION: #400, 2963 Glen Dr, Coquitlam, BC V3B 7S6

DATE: MARCH 5, 2026, 6-9PM

RSVP HERE

With shifting market conditions in Canada, more investors are exploring:
 Lower entry prices
 Stronger cash flow opportunities
 USD rental income
 Massive growth markets
 Portfolio diversification beyond Canada
 
VADIM IS COMING TO TOWN 

This session will provide in-depth insight into:
• How to buy U.S. property as a Canadian
• Financing options available to non-U.S. residents
• Ownership structures
• Live examples
• Landlord friendly states

Join us for an exclusive seminar exploring strategic U.S. real estate opportunities with our U.S partner. Learn how to generate USD income and diversify into high-growth American markets — safely and strategically from Canada. 

RSVP HERE

ABOUT ANNA LITVAK JOSEPH

Anna is a licensed REALTOR® based in Greater Vancouver and providing trading real estate services across Metro Vancouver, Greater Vancouver, Fraser Valley & Kelowna. Anna has an impressive track record and a wealth of experience in all the aspects of the real estate industry. As a full-time REALTOR®, Anna is dedicated to providing her clients with top-notch service, expert advice, and outstanding results in their real estate transactions. Anna emphasizes the importance of building valuable relationships and ensuring client satisfaction from the initial thoughts of making a move and through the home ownership journey. Her customer-centric approach is fundamental to her business philosophy.

With over 15 years of sales experience & entrepreneurship, Anna brings a high level of professionalism, customer service, and integrity to her real estate career. Anna’s outstanding performance in real estate is underscored by her impressive achievements. She qualified as a  Medallion Club Member in 2018, 2019, 2020, 2021, 2022,  and 2023 placing her among the top 10% of real estate agents in Greater Vancouver. Anna has worked hard to gain numerous 5 star testimonials, and is being featured in several publications year over year, including Vancouver Excellence in Real Estate, Top agent Magazines, and more. Anna is also highly ranked in multiple cities across RATE-MY-AGENT.

Anna’s professionalism, expertise and knowledge is the reason why the majority of her business today consists of referral or repeat customers.  

About the team: THE Anna Litvak Joseph TEAM at BC Prime Realty is a full-service real estate team that has grown over the years to a trusted brand that provides service to thousands of happy buyers and sellers.

Their dedication has been acknowledged with the prestigious Medallion Club award in 2023, highlighting their excellence as one of the top 10% teams among real estate groups in Greater Vancouver.

THE Anna Litvak Joseph TEAM at BC Prime Realty values diversity and relationship, therefore they follow client- centric approach, making it stress-free journey throughout their real estate experience.

THE Anna Litvak Joseph TEAM at BC Prime Realty is truly passionate about their mission of deliver excellence in Real Estate by building long term relationships. Their professionalism, expertise and knowledge is the reason why the majority of their business consists of referral or repeat customers. 

MEET TEAM MEMBERS

Listings  | Selling a Home  | Home Evaluation  | Moving to BC  | Investors 

Market Statistics  | Customized Market Insights

Completed. Approved. Closed.

Another successful court-ordered sale completed in Burnaby by THE ANNA LITVAK JOSEPH TEAM at BC Prime Realty — proudly representing the bank through a strategic and competitive court process.

When it comes to distressed properties, you need more than a standard Realtor®. You need a Top Real Estate Agent for Court Order Sales with proven courtroom experience, negotiation strategy, and a deep understanding of lender expectations.

What Is a Court-Ordered Sale?

A court-ordered sale occurs when a lender seeks to recover losses from a defaulted mortgage. The property is sold under court supervision and requires final approval by a judge. These transactions involve:

• Strict legal timelines

• Court approval hearings

• Competitive bidding scenarios

• “As-is” purchase conditions

While opportunities can be significant, so are the complexities.

Why Work With THE ANNA LITVAK JOSEPH TEAM?

We are recognized among the top Realtors for court order sales in BC, specializing in foreclosures across Burnaby, Vancouver, Coquitlam, Langley, and the Lower Mainland.

As a leading BC foreclosure Realtor team, we offer:

✔ Deep expertise in court procedures and legal documentation
✔ Strong relationships with lenders and legal professionals
✔ Proven strategy for court-day bidding
✔ Guidance for investors seeking distressed opportunities
✔ Risk management for buyers navigating “as-is” purchases

We don’t just list foreclosures — we manage them strategically from listing to court approval to closing.

Is Buying a Foreclosure Right for You?

Pros:
• Potential below-market value
• Strong investment upside
• Opportunity for equity growth
• Renovation flexibility

Considerations:
• Sold “as-is”
• Limited access for inspections
• Longer legal timelines
• Competitive bidding on court day

Ready to Explore BC Foreclosures?

Whether you are an investor, first-time buyer, or financial institution, work with top Realtors who specialize in foreclosures and understand every step of the process.

Connect with THE ANNA LITVAK JOSEPH TEAM at BC Prime Realty — your trusted partner for court-ordered sales in BC.

Foreclosure Alerts – Be the First to Know

ABOUT ANNA LITVAK JOSEPH

Anna is a licensed REALTOR® based in Greater Vancouver and providing trading real estate services across Metro Vancouver, Greater Vancouver, Fraser Valley & Kelowna. Anna has an impressive track record and a wealth of experience in all the aspects of the real estate industry. As a full-time REALTOR®, Anna is dedicated to providing her clients with top-notch service, expert advice, and outstanding results in their real estate transactions. Anna emphasizes the importance of building valuable relationships and ensuring client satisfaction from the initial thoughts of making a move and through the home ownership journey. Her customer-centric approach is fundamental to her business philosophy.

With over 15 years of sales experience & entrepreneurship, Anna brings a high level of professionalism, customer service, and integrity to her real estate career. Anna’s outstanding performance in real estate is underscored by her impressive achievements. She qualified as a  Medallion Club Member in 2018, 2019, 2020, 2021, 2022,  and 2023 placing her among the top 10% of real estate agents in Greater Vancouver. Anna has worked hard to gain numerous 5 star testimonials, and is being featured in several publications year over year, including Vancouver Excellence in Real Estate, Top agent Magazines, and more. Anna is also highly ranked in multiple cities across RATE-MY-AGENT.

Anna’s professionalism, expertise and knowledge is the reason why the majority of her business today consists of referral or repeat customers.  

About the team: THE Anna Litvak Joseph TEAM at BC Prime Realty is a full-service real estate team that has grown over the years to a trusted brand that provides service to thousands of happy buyers and sellers.

Their dedication has been acknowledged with the prestigious Medallion Club award in 2023, highlighting their excellence as one of the top 10% teams among real estate groups in Greater Vancouver.

THE Anna Litvak Joseph TEAM at BC Prime Realty values diversity and relationship, therefore they follow client- centric approach, making it stress-free journey throughout their real estate experience.

THE Anna Litvak Joseph TEAM at BC Prime Realty is truly passionate about their mission of deliver excellence in Real Estate by building long term relationships. Their professionalism, expertise and knowledge is the reason why the majority of their business consists of referral or repeat customers. 

MEET TEAM MEMBERS

Listings  | Selling a Home  | Home Evaluation  | Moving to BC  | Investors 

Market Statistics  | Customized Market Insights

February opens with a continuation of the slower pace seen throughout 2025. While January sales across Metro Vancouver came in below last year and under long-term seasonal averages, inventory remains elevated, giving the market time to rebalance. This environment highlights a shift toward a more measured approach—where thoughtful pricing, strong property condition, and clear strategy matter more than speed, and both buyers and sellers are making decisions with greater care amid broader economic and political uncertainty.

🏠 Detached Homes (January 2026):
Detached home sales in January 2026 totalled 300, representing a 21.1% decline compared to January 2025. The benchmark price is $1,850,800, down 7.3% year-over-year (January 2025) and 1.5% compared to December 2025. Elevated inventory levels continue to weigh on this segment, giving buyers more selection and leverage, while sellers face increased pressure to price and position their homes competitively.

🏢 Apartments / Condos (January 2026):
Apartment sales reached 554 in January 2026, a 34.5% decrease compared to January 2025. The benchmark price sits at $704,600, down 5.9% year-over-year and 0.8% month-over-month compared to December 2025. Although condos remain the most active segment, high supply is limiting price stability, with buyers gravitating toward well-priced, well-maintained units.

🏘 Townhomes / Attached Homes (January 2026):
Townhome sales totalled 246 in January 2026, reflecting a 23.4% decline compared to January 2025. The benchmark price is $1,043,400, down 5.4% year-over-year and 1.2% compared to December 2025. Affordability pressures and elevated inventory have shifted negotiating power toward buyers, requiring sellers to adopt strategic pricing and strong presentation to remain competitive.

Overall Summary:
With inventory remaining elevated, buyers continue to benefit from greater choice and negotiating room, while sellers who price strategically and present their homes well remain best positioned for success.

ABOUT ANNA LITVAK JOSEPH

Anna is a licensed REALTOR® based in Greater Vancouver and providing trading real estate services across Metro Vancouver, Greater Vancouver, Fraser Valley & Kelowna. Anna has an impressive track record and a wealth of experience in all the aspects of the real estate industry. As a full-time REALTOR®, Anna is dedicated to providing her clients with top-notch service, expert advice, and outstanding results in their real estate transactions. Anna emphasizes the importance of building valuable relationships and ensuring client satisfaction from the initial thoughts of making a move and through the home ownership journey. Her customer-centric approach is fundamental to her business philosophy.

With over 15 years of sales experience & entrepreneurship, Anna brings a high level of professionalism, customer service, and integrity to her real estate career. Anna’s outstanding performance in real estate is underscored by her impressive achievements. She qualified as a  Medallion Club Member in 2018, 2019, 2020, 2021, 2022, 2023 and 2024 placing her among the top 10% of real estate agents in Greater Vancouver. Anna has worked hard to gain numerous 5 star testimonials, and is being featured in several publications year over year, including Vancouver Excellence in Real Estate, Top agent Magazines, and more. Anna is also highly ranked in multiple cities across RATE-MY-AGENT.

Anna’s professionalism, expertise and knowledge is the reason why the majority of her business today consists of referral or repeat customers.  

About the team: The Anna Litvak Joseph Team at BC Prime Realty is a full-service real estate team that has grown over the years to a trusted brand that provides service to thousands of happy buyers and sellers.

Their dedication has been acknowledged with the prestigious Medallion Club award in 2020, 2021, 2022, 2023 and 2024, highlighting their excellence as one of the top 10% teams among real estate groups in Greater Vancouver.

The Anna Litvak Joseph Team values diversity and relationship, therefore they follow client- centric approach, making it stress-free journey throughout their real estate experience.

The Anna Litvak Joseph Team is truly passionate about their mission of deliver excellence in Real Estate by building long term relationships. Their professionalism, expertise and knowledge is the reason why the majority of their business consists of referral or repeat customers. 

MEET TEAM MEMBERS

Listings  | Selling a Home  | Home Evaluation  | Moving to BC  | Investors 

Market Statistics  | Customized Market Insights

2025 marked one of the slowest sales years in Metro Vancouver in over two decades. Overall home sales declined significantly, while inventory reached record highs, creating a market environment that clearly favored buyers. Despite fewer transactions, sellers continued to list properties at elevated levels, resulting in abundant choice, softer pricing, and increased negotiating power for purchasers. With borrowing costs easing toward year-end and consumer confidence showing modest improvement, buyers are entering 2026 with more favorable conditions than in recent years.

Detached Homes:
Sales: 431 (down 12.8% year-over-year)
Benchmark Price: $1,879,800 (down 5.3% year-over-year; down 1.1% month-over-month)
Market Insight: Detached homes continue to face softer demand amid elevated inventory levels. Buyers have increased choice and leverage, resulting in downward pressure on prices as sellers adapt to more competitive conditions.

Apartments (Condos):
Sales: 791 (down 11.2% year-over-year)
Benchmark Price: $710,000 (down 5.3% year-over-year; down 0.6% month-over-month)
Market Insight: Condos remain the most active segment, but high supply is keeping price growth in check. Buyers are benefiting from ample selection, with well-priced and well-presented units performing best.

Townhomes (Attached Homes):
Sales: 303 (down 18.3% year-over-year)
Benchmark Price: $1,056,600 (down 5.0% year-over-year; down 0.8% month-over-month)
Market Insight: Townhomes saw the sharpest decline in sales, reflecting affordability pressures and cautious buyer sentiment. Increased inventory has shifted leverage toward buyers, requiring strategic pricing from sellers.

Interested to discuss the current market situation, have some questions?

Wondering if its a good time to sell and buy? Looking for investment opportunity in a real estate market and want to hear pros and cons, lets discuss all the available options. 

Please contact us today 

ABOUT ANNA LITVAK JOSEPH

Anna is a licensed REALTOR® based in Greater Vancouver and providing trading real estate services across Metro Vancouver, Greater Vancouver, Fraser Valley & Kelowna. Anna has an impressive track record and a wealth of experience in all the aspects of the real estate industry. As a full-time REALTOR®, Anna is dedicated to providing her clients with top-notch service, expert advice, and outstanding results in their real estate transactions. Anna emphasizes the importance of building valuable relationships and ensuring client satisfaction from the initial thoughts of making a move and through the home ownership journey. Her customer-centric approach is fundamental to her business philosophy.

With over 15 years of sales experience & entrepreneurship, Anna brings a high level of professionalism, customer service, and integrity to her real estate career. Anna’s outstanding performance in real estate is underscored by her impressive achievements. She qualified as a  Medallion Club Member in 2018, 2019, 2020, 2021, 2022, 2023 and 2024 placing her among the top 10% of real estate agents in Greater Vancouver. Anna has worked hard to gain numerous 5 star testimonials, and is being featured in several publications year over year, including Vancouver Excellence in Real Estate, Top agent Magazines, and more. Anna is also highly ranked in multiple cities across RATE-MY-AGENT.

Anna’s professionalism, expertise and knowledge is the reason why the majority of her business today consists of referral or repeat customers.  

About the team: The Anna Litvak Joseph Team at BC Prime Realty is a full-service real estate team that has grown over the years to a trusted brand that provides service to thousands of happy buyers and sellers.

Their dedication has been acknowledged with the prestigious Medallion Club award in 2020, 2021, 2022, 2023 and 2024, highlighting their excellence as one of the top 10% teams among real estate groups in Greater Vancouver.

The Anna Litvak Joseph Team values diversity and relationship, therefore they follow client- centric approach, making it stress-free journey throughout their real estate experience.

The Anna Litvak Joseph Team is truly passionate about their mission of deliver excellence in Real Estate by building long term relationships. Their professionalism, expertise and knowledge is the reason why the majority of their business consists of referral or repeat customers. 

MEET TEAM MEMBERS

Listings  | Selling a Home  | Home Evaluation  | Moving to BC  | Investors 

Market Statistics  | Customized Market Insights

Every January, BC homeowners receive their BC Assessment notice—and many assume it reflects what their home is worth today. In reality, BC Assessment value and market value are not the same, and understanding the difference is essential when planning your next move.

What Is BC Assessment?

BC Assessment is used for property tax purposes. Values are based on a July 1 valuation date from the previous year and calculated using broad market data, not current buyer demand or property-specific details.

This means the number you receive in January often reflects past market conditions, not today’s market.

Why BC Assessment ≠ Market Value

Market value is determined by what a buyer is willing to pay right now. It is influenced by:

• Current supply and demand

• Recent comparable sales

• Location and micro-market trends

• Property condition, layout, and upgrades

BC Assessment cannot fully account for these factors.

Why This Matters

For Sellers

Pricing a home based on assessed value can result in overpricing or underpricing. Effective pricing must reflect current market conditions, not tax assessments.

For Buyers

A home priced near assessed value is not automatically a good deal. Market value depends on demand, condition, and competition.

For Planning Ahead

Whether refinancing or considering a future sale, understanding true market value provides clearer financial insight.

When BC Assessment Is Useful

BC Assessment can help identify general trends or changes over time, but it should never be used alone to determine a home’s value.

BC Assessment is a helpful reference, but market value is what truly matters when making real estate decisions. A property’s real worth depends on today’s market, not last year’s data.

Want to know your home’s true market value?

If you’re curious how your property compares to recent sales in your area, you can request a complimentary, no-obligation market assessment tailored to your home and neighbourhood here.

Understanding your value is the first step to making confident real estate decisions.

ABOUT ANNA LITVAK JOSEPH

Anna is a licensed REALTOR® based in Greater Vancouver and providing trading real estate services across Metro Vancouver, Greater Vancouver, Fraser Valley & Kelowna. Anna has an impressive track record and a wealth of experience in all the aspects of the real estate industry. As a full-time REALTOR®, Anna is dedicated to providing her clients with top-notch service, expert advice, and outstanding results in their real estate transactions. Anna emphasizes the importance of building valuable relationships and ensuring client satisfaction from the initial thoughts of making a move and through the home ownership journey. Her customer-centric approach is fundamental to her business philosophy.

With over 15 years of sales experience & entrepreneurship, Anna brings a high level of professionalism, customer service, and integrity to her real estate career. Anna’s outstanding performance in real estate is underscored by her impressive achievements. She qualified as a  Medallion Club Member in 2018, 2019, 2020, 2021, 2022, 2023 and 2024 placing her among the top 10% of real estate agents in Greater Vancouver. Anna has worked hard to gain numerous 5 star testimonials, and is being featured in several publications year over year, including Vancouver Excellence in Real Estate, Top agent Magazines, and more. Anna is also highly ranked in multiple cities across RATE-MY-AGENT.

Anna’s professionalism, expertise and knowledge is the reason why the majority of her business today consists of referral or repeat customers.  

About the team: The Anna Litvak Joseph Team at BC Prime Realty is a full-service real estate team that has grown over the years to a trusted brand that provides service to thousands of happy buyers and sellers.

Their dedication has been acknowledged with the prestigious Medallion Club award in 2020, 2021, 2022, 2023 and 2024, highlighting their excellence as one of the top 10% teams among real estate groups in Greater Vancouver.

The Anna Litvak Joseph Team values diversity and relationship, therefore they follow client- centric approach, making it stress-free journey throughout their real estate experience.

The Anna Litvak Joseph Team is truly passionate about their mission of deliver excellence in Real Estate by building long term relationships. Their professionalism, expertise and knowledge is the reason why the majority of their business consists of referral or repeat customers. 

MEET TEAM MEMBERS

Listings  | Selling a Home  | Home Evaluation  | Moving to BC  | Investors 

Market Statistics  | Customized Market Insights

Metro Vancouver Market Snapshot – December 2025

Metro Vancouver’s housing market stayed quiet in November, with sales well below last year and long-term averages. Many buyers remain cautious and are waiting for more stability, while sellers are adjusting prices to meet current market expectations. With a higher number of homes available, properties are taking longer to sell, and prices have edged down slightly across most categories. These trends point to a softer, slower market as we head into the end of the year.

Detached Homes:

Sales: 541 (down 13.6% from last November)
Benchmark Price: $1,900,600 (down 4.3% year-over-year; down 0.4% from October)
Market Insight: Detached homes are experiencing softer demand, giving buyers more options and negotiating power. Prices have eased slightly as sellers adjust to current conditions.

Townhomes:

Sales: 350 (down 22.4% from last November)
Benchmark Price: $1,065,600 (down 4.4% year-over-year; up 0.1% from October)
Market Insight: Townhomes remain steady in price despite slower sales. Buyers are taking more time to make decisions, and well-priced homes are still attracting interest.

Apartments:

Sales: 945 (down 13.2% from last November)
Benchmark Price: $714,300 (down 5.2% year-over-year; down 0.2% from October)
Market Insight: Condos remain the most active segment. Although sales are lower than last year, pricing has only softened slightly, and demand is holding relatively steady compared to other categories.

The current market is moving at a slower, more balanced pace, with lower sales and higher inventory giving buyers more choice and time to make decisions. Prices have softened slightly, and homes are taking longer to sell, meaning sellers need to price competitively and present their home well to attract interest. For buyers, this environment offers greater negotiating power and less pressure compared to previous years. Overall, it’s a calmer market where realistic expectations and proper strategy are key for both sides.

ABOUT ANNA LITVAK JOSEPH

Anna is a licensed REALTOR® based in Greater Vancouver and providing trading real estate services across Metro Vancouver, Greater Vancouver, Fraser Valley & Kelowna. Anna has an impressive track record and a wealth of experience in all the aspects of the real estate industry. As a full-time REALTOR®, Anna is dedicated to providing her clients with top-notch service, expert advice, and outstanding results in their real estate transactions. Anna emphasizes the importance of building valuable relationships and ensuring client satisfaction from the initial thoughts of making a move and through the home ownership journey. Her customer-centric approach is fundamental to her business philosophy.

With over 15 years of sales experience & entrepreneurship, Anna brings a high level of professionalism, customer service, and integrity to her real estate career. Anna’s outstanding performance in real estate is underscored by her impressive achievements. She qualified as a  Medallion Club Member in 2018, 2019, 2020, 2021, 2022, 2023 and 2024 placing her among the top 10% of real estate agents in Greater Vancouver. Anna has worked hard to gain numerous 5 star testimonials, and is being featured in several publications year over year, including Vancouver Excellence in Real Estate, Top agent Magazines, and more. Anna is also highly ranked in multiple cities across RATE-MY-AGENT.

Anna’s professionalism, expertise and knowledge is the reason why the majority of her business today consists of referral or repeat customers.  

About the team: The Anna Litvak Joseph Team at BC Prime Realty is a full-service real estate team that has grown over the years to a trusted brand that provides service to thousands of happy buyers and sellers.

Their dedication has been acknowledged with the prestigious Medallion Club award in 2020, 2021, 2022, 2023 and 2024, highlighting their excellence as one of the top 10% teams among real estate groups in Greater Vancouver.

The Anna Litvak Joseph Team values diversity and relationship, therefore they follow client- centric approach, making it stress-free journey throughout their real estate experience.

The Anna Litvak Joseph Team is truly passionate about their mission of deliver excellence in Real Estate by building long term relationships. Their professionalism, expertise and knowledge is the reason why the majority of their business consists of referral or repeat customers. 

MEET TEAM MEMBERS

Listings  | Selling a Home  | Home Evaluation  | Moving to BC  | Investors 

Market Statistics  | Customized Market Insights

DATE: DECEMBER 6, 2025 4-8PM

LOCATION: #400, 2963 Glen Dr, Coquitlam, BC V3B 7S6

RSVP Now!

RSVP details are in your inbox — check your email to register

The holiday season gives us the perfect opportunity to pause and celebrate the people who've made our year extraordinary – YOU, our incredible clients. 

The Anna Litvak Joseph Team is hosting Annual Client Appreciation Event, and we'd be honored if you'd join us for an afternoon of gratitude, celebration, and exciting surprises! 

What to Expect:

Your Special Holiday Gift

We've prepared a thoughtful holiday gift for each client. Come pick it up in person – it's a small token that represents our big gratitude.

Professional Family Photography – Complimentary!

Getting professional family photos during the holidays can be stressful and expensive. We're taking care of it for you! A talented photographer will be ready to capture beautiful portraits of your family – perfect for holiday cards, family albums, or framed keepsakes. Bring the whole family, dress festively, and let us handle the rest. Completely complimentary!

 Festive Refreshments

Enjoy delicious seasonal refreshments, warm beverages, and festive treats in a cozy atmosphere. No pressure, no sales pitch – just good company, holiday cheer, and heartfelt appreciation.

 Fairmont Escape Giveaway Draw ✨

We're giving away a $1,000 Weekend Stay at the Fairmont Hotel/ Spa – your chance to relax, recharge, and enjoy a luxury experience you deserve.

How to Enter:
Complete our referral form with the name of someone who might be considering buying or selling real estate in the next 12 months. All contact details must be valid and will be verified before entry. Each referral = one entry. The more referrals, the more chances to win!

All submissions must be completed by December 6, 2025.

The winner will be selected at random and announced publicly.

Good luck!

Submit Referral Here

We can't wait to see you, capture beautiful memories together, and make this holiday season special!

RSVP Now!

RSVP details are in your inbox — check your email to register

While October historically marks the final seasonal push in real estate activity, this year's market showed continued hesitation. Sales remained below 2023 levels and the ten-year average, despite the Bank of Canada's fourth rate cut of the year. What does this mean for you? Let's break it down:

Detached Homes:

Sales: 693 (down 4.3% from last October)
Benchmark Price: $1,916,400 (down 4.3% year-over-year)
Market Insight: The most stable segment. Buyers are active but selective, creating balanced negotiating conditions.

  Apartments / Condos:

Sales: 1,071 (down 23.1% from last October)
Benchmark Price: $718,900 (down 5.1% year-over-year)
Market Insight: Biggest decline means less competition and stronger negotiating power for qualified buyers.

Townhomes / Attached:

Sales: 477  (down 4.8% from last October)

Benchmark Price: $1,066,700 (down 3.8% year-over-year)

Market Insight: The "sweet spot" holding steady—space without the detached price tag keeps demand consistent.

 Overview
Across all property types, the market dynamics have fundamentally shifted in favor of buyers. The urgency that defined recent years—multiple offers, waived conditions, over-asking prices—has given way to a more measured environment. Today's buyers can conduct proper inspections, negotiate terms, and make decisions based on value rather than fear. Whether your goal is a condo, townhouse, or detached home, strategic timing now matters more than speed.

ABOUT ANNA LITVAK JOSEPH

Anna is a licensed REALTOR® based in Greater Vancouver and providing trading real estate services across Metro Vancouver, Greater Vancouver, Fraser Valley & Kelowna. Anna has an impressive track record and a wealth of experience in all the aspects of the real estate industry. As a full-time REALTOR®, Anna is dedicated to providing her clients with top-notch service, expert advice, and outstanding results in their real estate transactions. Anna emphasizes the importance of building valuable relationships and ensuring client satisfaction from the initial thoughts of making a move and through the home ownership journey. Her customer-centric approach is fundamental to her business philosophy.

With over 15 years of sales experience & entrepreneurship, Anna brings a high level of professionalism, customer service, and integrity to her real estate career. Anna’s outstanding performance in real estate is underscored by her impressive achievements. She qualified as a  Medallion Club Member in 2018, 2019, 2020, 2021, 2022, 2023 and 2024 placing her among the top 10% of real estate agents in Greater Vancouver. Anna has worked hard to gain numerous 5 star testimonials, and is being featured in several publications year over year, including Vancouver Excellence in Real Estate, Top agent Magazines, and more. Anna is also highly ranked in multiple cities across RATE-MY-AGENT.

Anna’s professionalism, expertise and knowledge is the reason why the majority of her business today consists of referral or repeat customers.  

About the team: The Anna Litvak Joseph Team at BC Prime Realty is a full-service real estate team that has grown over the years to a trusted brand that provides service to thousands of happy buyers and sellers.

Their dedication has been acknowledged with the prestigious Medallion Club award in 2020, 2021, 2022, 2023 and 2024, highlighting their excellence as one of the top 10% teams among real estate groups in Greater Vancouver.

The Anna Litvak Joseph Team values diversity and relationship, therefore they follow client- centric approach, making it stress-free journey throughout their real estate experience.

The Anna Litvak Joseph Team is truly passionate about their mission of deliver excellence in Real Estate by building long term relationships. Their professionalism, expertise and knowledge is the reason why the majority of their business consists of referral or repeat customers. 

MEET TEAM MEMBERS

Listings  | Selling a Home  | Home Evaluation  | Moving to BC  | Investors 

Market Statistics  | Customized Market Insights

Another Bank of Canada rate cut and easing home prices helped boost buyer confidence this fall. Sales in September edged slightly higher than last year, supported by improved affordability and record-high inventory levels. With borrowing costs easing, the market is showing early signs of stabilization heading into year-end.

Market Overview

Active listings reached 17,079, up 14.4% from last year and sitting 36% higher than the 10-year average, showing plenty of homes for buyers to choose from.

There were 6,527 new listings added in September, an increase of 6.2% year-over-year, keeping inventory levels steady.

The sales-to-active listings ratio sits at 11.3%, indicating a balanced to slightly slower market, where buyers currently have more negotiating power.

Detached Homes:

Sales: 552 (↑ 7% YoY)

Benchmark Price: $1,933,100 (↓ 4.4% YoY, ↓ 0.9% MoM)

Market Insight: More detached homes are moving again as prices soften and rates ease, giving buyers a bit more leverage.

Apartments / Condos:

Sales: 954 (↑ 1.5% YoY)

Benchmark Price: $728,800 (↓ 4.4% YoY, ↓ 0.8% MoM)

Market Insight: Condos remain the most active segment, driven by affordability and first-time buyers returning to the market.

Townhomes / Attached:

Sales: 356 (↓ 5.8% YoY)

Benchmark Price: $1,069,800 (↓ 2.7% YoY, ↓ 0.9% MoM)

Market Insight: Townhomes continue to face moderate demand, with buyers comparing value against larger condos and entry-level detached homes.

What It Means for Buyers & Sellers

Buyers:
With prices easing, more listings, and lower rates, it’s a great time to shop. You have more options, room to negotiate, and improving affordability before competition picks up again.

Sellers:
The market is balanced — pricing right is key. Well-presented, accurately priced homes are still selling as motivated buyers return this fall.

ABOUT ANNA LITVAK JOSEPH

Anna is a licensed REALTOR® based in Greater Vancouver and providing trading real estate services across Metro Vancouver, Greater Vancouver, Fraser Valley & Kelowna. Anna has an impressive track record and a wealth of experience in all the aspects of the real estate industry. As a full-time REALTOR®, Anna is dedicated to providing her clients with top-notch service, expert advice, and outstanding results in their real estate transactions. Anna emphasizes the importance of building valuable relationships and ensuring client satisfaction from the initial thoughts of making a move and through the home ownership journey. Her customer-centric approach is fundamental to her business philosophy.

With over 15 years of sales experience & entrepreneurship, Anna brings a high level of professionalism, customer service, and integrity to her real estate career. Anna’s outstanding performance in real estate is underscored by her impressive achievements. She qualified as a  Medallion Club Member in 2018, 2019, 2020, 2021, 2022, 2023 and 2024 placing her among the top 10% of real estate agents in Greater Vancouver. Anna has worked hard to gain numerous 5 star testimonials, and is being featured in several publications year over year, including Vancouver Excellence in Real Estate, Top agent Magazines, and more. Anna is also highly ranked in multiple cities across RATE-MY-AGENT.

Anna’s professionalism, expertise and knowledge is the reason why the majority of her business today consists of referral or repeat customers.  

About the team: The Anna Litvak Joseph Team at BC Prime Realty is a full-service real estate team that has grown over the years to a trusted brand that provides service to thousands of happy buyers and sellers.

Their dedication has been acknowledged with the prestigious Medallion Club award in 2020, 2021, 2022, 2023 and 2024, highlighting their excellence as one of the top 10% teams among real estate groups in Greater Vancouver.

The Anna Litvak Joseph Team values diversity and relationship, therefore they follow client- centric approach, making it stress-free journey throughout their real estate experience.

The Anna Litvak Joseph Team is truly passionate about their mission of deliver excellence in Real Estate by building long term relationships. Their professionalism, expertise and knowledge is the reason why the majority of their business consists of referral or repeat customers. 

MEET TEAM MEMBERS

Listings  | Selling a Home  | Home Evaluation  | Moving to BC  | Investors 

Market Statistics  | Customized Market Insights

Metro Vancouver Market Update – August 2025

August brought steady activity across Metro Vancouver as both buyers and sellers continued to adjust to evolving market conditions. While home prices eased slightly, sales activity picked up, creating more opportunities for buyers.

Detached Homes

• 575 sales (+13% year-over-year)

• $1,950,300 benchmark price (-4.8% year-over-year)

Apartment Homes

• 956 sales (-5.5% year-over-year)

• $734,400 benchmark price (-4.4% year-over-year)

Townhomes (Attached)

• 409 sales (+10.5% year-over-year)

• $1,079,600 benchmark price (-3.5% year-over-year)

Market Overview

Active listings remain steady at approximately 16,242, giving buyers more selection while helping maintain a balanced pace of sales. With prices softening modestly and sales activity showing resilience, the Metro Vancouver market continues to move toward a healthier balance as buyer and seller expectations align.

What This Means for Buyers

With more listings on the market and prices easing slightly, buyers have greater choice and less pressure compared to last year. The modest dip in benchmark prices, especially in detached homes and townhomes, may create opportunities to purchase at more favorable terms. However, well-priced homes are still moving quickly, so being prepared with financing and a clear strategy is key.

What This Means for Sellers

For sellers, the market is still active with steady sales, but buyers are more price-sensitive. Homes that are well-presented, accurately priced, and marketed effectively are attracting strong interest. The good news: increased sales activity shows that motivated buyers are out there, especially for detached homes and townhomes, which saw notable year-over-year sales growth.