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.

If June gave us a hint that the Metro Vancouver market was finding its footing again, then July just confirmed it—sales activity is picking up, and signs of a rebound are becoming clearer. With the Bank of Canada holding steady on interest rates last month, there’s been a boost in confidence for both buyers and sellers. In a time when global uncertainty (hello, trade talks!) still lingers, stable borrowing conditions are a welcome relief.

Let’s dive into what the latest July numbers tell us:

Detached Homes

• Sales: 660 homes sold
  ⬇️ Down 4.1% from July 2024 (688 sales)

• Price: Benchmark at $1,974,400
  ⬇️ Down 3.6% year-over-year
  ⬇️ Down 1% from June 2025

Detached home sales softened slightly, but pricing remains relatively stable. If you’re a buyer waiting for more breathing room, this could be your moment.

Apartments / Condos

• Sales: 1,158 sold
  ⬇️ Down 2.9% year-over-year

• Price: Benchmark at $743,700
  ⬇️ Down 3.2% annually
  ⬇️ Down 0.6% from June

While sales dipped slightly, apartment homes remain a hot segment thanks to their accessibility and lifestyle appeal—especially for first-time buyers and investors.

Attached / Townhomes

• Sales: 459 homes sold
  ⬆️ Up 5% from July 2024

• Price: Benchmark at $1,099,200
  ⬇️ Down 2.3% year-over-year
  ⬇️ Down 0.4% from June

Townhomes are showing the strongest momentum, with sales climbing and prices holding relatively firm. Families and upsizers are clearly on the move!

Inventory & Buyer Outlook

With around 17,000 homes currently listed across the region, buyers still have a strong selection to choose from. Balanced inventory is helping to temper price growth, at least for now.

But here’s the key: if demand keeps rising and listings don’t keep up, we could be heading into a more competitive market—with sellers gaining back some leverage.

What This Means for You

✅ Buyers: Now is a great time to act—prices are steady, selection is solid, and borrowing conditions are stable.

✅ Sellers: If you’ve been waiting for the right time to list, keep a close eye on inventory. The balance is shifting, and you may soon be in a stronger position.

Have questions or want to explore your next move?
Let’s connect! Whether you’re buying, selling, or investing, we’ll guide you through every step with clarity and confidence.

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

After a rocky start to the year, Metro Vancouver* home sales recorded through the MLS® are beginning to show signs of a rebound. Sales were down 10% compared to the same time last year — a notable improvement from the sharper decline seen in May. The data suggests that the market may be turning a corner, with the pace of year-over-year declines easing significantly. If this upward momentum holds, we could soon see sales surpass last year’s levels, signaling a potential shift toward stronger demand after an unusually slow first half of the year.

Detached Home Sales- In June 2025, there were 657 detached home sales—a 5.3% drop from the 694 sales recorded in June 2024. The benchmark price for a detached home now stands at $1,994,500, reflecting a 3.2% decline compared to the same month last year.

Apartment Home Sales- In June 2025, apartment home sales totaled 1,040 — down 16.5% from the 1,245 sales recorded in June 2024. The benchmark price for an apartment now sits at $748,400, marking a 3.2% decline compared to the same time last year.

Attached Home Sales- In June 2025, attached home sales reached 473, marking a 3.7% increase from the 456 sales recorded in June 2024. The benchmark price for a townhouse is $1,103,900, reflecting a 3% decrease compared to the same period last year.

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 at 604-442-9422

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 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

COMPLETED. APPROVED. CLOSED.
THE Anna Litvak Joseph TEAM at BC Prime Realty Closes Another Successful Court-Ordered Sale in Burnaby

We’re thrilled to announce the successful sale of a court-ordered property in Burnaby, where our team proudly represented the bank in a competitive process.

At THE Anna Litvak Joseph TEAM, we specialize in court-ordered sales, foreclosures, and distressed property transactions across Greater Vancouver and the Lower Mainland. These types of transactions require a unique level of expertise, strategic negotiation, and precise knowledge of court procedures—and that’s exactly what we bring to every client we represent.

What is a Court-Ordered Sale?

A court-ordered sale is typically initiated when a lender or creditor seeks to recover losses due to a defaulted mortgage or unpaid debt. The property is sold under court supervision, and the process follows strict legal protocols—including a final approval by a judge in open court. While these sales often present excellent value, they also require an experienced realtor who understands the nuances and timelines involved.

Why Work with THE Anna Litvak Joseph TEAM for Foreclosures?

At THE Anna Litvak Joseph TEAM, we’re not just realtors—we’re specialists in court order listings. We help both buyers and sellers navigate the complexities of these deals while minimizing risk and maximizing opportunity.

Our team has:

Deep expertise in legal processes for foreclosure and court-ordered sales
Strong relationships with banks, lenders, and legal professionals
Proven negotiation strategies for court-date bidding scenarios
A track record of helping buyers secure below-market properties
Guidance for investors looking for distressed or value-add real estate

Is Buying a Foreclosure Right for You?

Before diving into this niche market, consider these pros and cons:

Pros

• Below Market Value: Great potential for buying at a discount

• Investment Opportunity: Add value through renovations or resale

• Equity Growth: Build long-term wealth through strategic purchases

• Renovation Freedom: Customize the property to your taste or goals

Cons

• "As-Is" Condition: Limited ability to negotiate repairs or upgrades

• Restricted Access: Viewings and inspections may be limited

• Court Timelines: Longer process due to legal steps and court approval

• Competitive Court Bidding: Properties can attract multiple offers on court day

Ready to Explore Foreclosure Opportunities?

Whether you’re a first-time buyer looking for affordability or an investor seeking your next big win, THE Anna Litvak Joseph TEAM at BC Prime Realty can help you unlock the full potential of the foreclosure market in Vancouver, Burnaby, Coquitlam, Langley, and beyond.

Let’s talk about how to strategically approach a court-ordered purchase—or how we can help banks and lenders with efficient, results-driven sales.

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