Canadian home sales are showing renewed momentum, but buyers remain cautious and overall activity is still below last year’s levels.

New listings are declining while sales improve, gradually bringing supply and demand closer to more balanced conditions.

Price growth remains restrained, giving buyers more stability without creating the sharp correction many had anticipated.

Regional differences remain significant, making market selection increasingly important for buyers and sellers across Canada.

For expert insights on the Burnaby real estate market, connect with Christine Jang, REALTOR® at Macdonald Realty Westmar.