What Recent Data Really Means for Buyers in 2025
You’ve probably seen the headlines:
🏗️ “Housing Starts Surge 75% in B.C.”
📈 “The Market Is Heating Up Again”
📈 “The Market Is Heating Up Again”
But what do those numbers actually mean—and should they influence your home buying decision?At Moodyville Real Estate, we specialize in helping people not just find homes—but make smart, confident moves. So let’s unpack what’s really going on in the market, and what it means for buyers considering communities like Morrison Walk in North Vancouver.
Prices have softened from peak levels
Inventory is still available
You have more room to negotiateFor first-time buyers, upsizers, and young families looking to establish long-term roots, this is a moment worth exploring.
The April Spike in Housing Starts—Why It’s Misleading
In April 2025, CMHC reported a 30% increase in housing starts nationwide, with a massive 75% jump in British Columbia alone. Sounds like a building boom, right?Not quite.Industry experts like Bryan Yu, Chief Economist at Central 1, and Brad Jones, Chief Development Officer at Wesgroup Properties, have both emphasized that these numbers don’t tell the full story—especially when it comes to multi-family developments like townhomes.Bryan Yu explains:
“Multi-family housing starts tend to be lumpy. One large project can skew the data for a single month—even if the long-term trend is down.”Despite April’s spike, year-to-date housing starts are actually down:- 2% nationwide
- 22% in B.C.
- 31% in Ontario
Brad Jones agrees, noting:
“CMHC’s definition of a 'start' is when concrete is poured—but in multi-family projects, that happens months after development decisions are made.”In other words, many of the starts reported in April were baked into the system long ago, and don’t reflect today’s realities.What This Means for Buyers in North Vancouver
If fewer homes are being built today, inventory will tighten in the months and years to come. And when demand returns—as it always does in desirable communities like the North Shore—prices will likely follow.That means right now, buyers are in a rare sweet spot:Prices have softened from peak levels
Inventory is still available
You have more room to negotiateFor first-time buyers, upsizers, and young families looking to establish long-term roots, this is a moment worth exploring.
Project Spotlight: Morrison Walk
Morrison Walk, is a boutique collection of 70 two- and three-bedroom townhomes—thoughtfully designed for work, play, and growing families. Nestled in the heart of Moodyville and just steps from the Spirit Trail, this is a walkable, bikeable, lifestyle-first community.These homes are:
- Spacious and stylish, with flexible floorplans and large kitchens
- Low-maintenance, perfect for active professionals and young families
- Surrounded by green space and close to the Shipyards, Lonsdale Quay, and Queensbury Village and some of the worlds best hiking, biking & skiing!
- Future-friendly, with EV-ready parking and energy-efficient features
- And most importantly: available now, before supply tightens further.
Final Thought
We know the market can feel confusing, especially when headlines conflict with what’s happening on the ground. That’s why we always lead with clarity.If you're ready to explore your options, or just want to chat about timing, we’re here. Let’s make your next move your best one.📩 Book a tour or connect at morrisonwalk.com
📍 Follow us @moodyville.realestate for more insights like this
📍 Follow us @moodyville.realestate for more insights like this