Slow sales and high inventory give buyers the edge in October
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What Are Past Client's Saying About Hafez?Slow sales and high inventory give buyers the edge in October
Posted on
November 4, 2025
by
Hafez Panju
VANCOUVER, B.C. – November 4, 2025 – Home sales registered on the MLS® in Metro Vancouver* were 14 per cent lower than last October, as the trend of slower sales and building inventory creates favourable conditions for those looking to buy in the fall market.The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 2,255 in October 2025, a 14.3 per cent decrease from the 2,632 sales recorded in October 2024. This was 14.5 per cent below the 10-year seasonal average (2,638).“October is typically the last month of the year where sales activity sees a seasonal uptick,...Spring market brings abundance of opportunity for buyers
Posted on
May 2, 2025
by
Hafez Panju
Spring market brings abundance of opportunity for buyers The slowdown in home sales registered on the Multiple Listing Service® (MLS®) in Metro Vancouver that began early this year continued in April, with sales down nearly 24 per cent year-over-year. The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 2,163 in April 2025, a 23.6 per cent decrease from the 2,831 sales recorded in April 2024. This was 28.2 per cent below the 10-year seasonal average (3,014). “From a historical perspective, the slower sales we’re now seeing stand out as unusual,... Hafez was the first realtor we considered to sell our home because of his clearly visible presence in UniverCity (SFU)
Posted on
November 4, 2024
by
Hafez Panju
"Hafez was the first realtor we considered to sell our home because of his clearly visible presence in UniverCity (SFU). Throughout the process, he was quick and consistent to respond and update us, so we always felt taken care of. Thank you, Hafez!" - T. & A. W. His expertise and commitment to his clients are unmatched.
Posted on
June 7, 2024
by
Hafez Panju
“I cannot recommend Hafez highly enough as a realtor. He was patient, incredibly knowledgeable about the market, and always ready to assist. Hafez went above and beyond to help me navigate both the purchase and sale of my property. His availability and dedication made the entire process smooth and stress-free. Whether you are new to the real estate world or a seasoned veteran, Hafez is the person you want by your side. His expertise and commitment to his clients are unmatched.” A.H. He combines his market savvy with a genuine care for his clients' needs and desires.
Posted on
January 12, 2024
by
Hafez Panju
When my wife and I embarked on the journey of buying and selling our home, we were fortunate enough to have Hafez as our realtor. Over the course of two property purchases and sales, Hafez has proven himself to be an exceptional real estate professional. One of Hafez's standout qualities is his in-depth market knowledge. He provided us with exceptionally accurate insights, which were invaluable in making informed decisions about both buying and selling our properties especially in today's market. His advice was always spot-on, reflecting a deep understanding of the real estate market's dynamics.... Hafez made the buying process as painless as possible...
Posted on
December 19, 2023
by
Hafez Panju
As a first time home buyer, Hafez’s knowledge, patience, and commitment were absolutely key. Hafez made the buying process as painless as possible and was always available to answer any questions I had or assist. I love my new home and could not have done it without Hafez - I couldn’t be happier with his service. A.O The entire process with Hafez was seamless
Posted on
August 15, 2023
by
Hafez Panju
Being from out of town, we needed to find an expert partner who we could trust. Trust that they knew the market and our target area. Trust that they could represent our interests as we were unable to travel to see any of the prospective properties in SFU in person. And trust that they could represent us end-to-end throughout the transaction. Fortunately, we found Hafez Panju. He took the time to understand our needs and unique circumstances. Then he quickly provided us with targeted options, and paired that with market relevant expertise. The entire process with Hafez was seamless, and throughout... We will be recommending Hafez to all our friends, family, and associates for their real estate needs
Posted on
July 29, 2022
by
Hafez Panju
My daughter and I were looking to buy a two-bedroom condo and a friend recommended Hafez. We are tremendously grateful to our friend for recommending him. Hafez was honest, extremely helpful and supportive, very knowledgeable about the real estate market, and responsive to emails, texts, and inquiries that we had before, during, and after the purchase. He always made communication a priority and ensured that we were well informed about the many steps in the purchase process. In addition, we truly felt that he was looking out for our best interests at all times. He has a keen eye for highlighting... Working with you is by far the best experience ever!
Posted on
March 28, 2022
by
Hafez Panju
I have bought and sold many times over the years and I have to say working with you is by far the best experience ever! Your professionalism, mentorship, knowledge, honesty, and hard work ethic are much respected and appreciated! . You kept me informed every step of the way and got things rolling and completed without me being in town. You worked your magic and I could not be happier. Thank you Hafez for making this a fun and memorable experience for me. Highly Recommend Hafez,
Posted on
February 18, 2022
by
Hafez Panju
Highly recommend Hafez, he executed amazing marketing strategies along with a professional team for staging and photos that really showcased our home, resulting in a quick sale. Hafez is very knowledgeable and professional which made selling our home uncomplicated. R. & L. A. Hafez Panju is without doubt the best realtor with whom we have worked with
Posted on
November 8, 2021
by
Hafez Panju
As long-time members of the SFU Burnaby Mountain community, we had heard of Hafez Panju before we decided to look for a larger home in our neighbourhood. What we have appreciated in working with him in the purchase of one condo and the sale of another is the integrity, expertise, and unceasing attention he offers his clients. The care Hafez takes in responding to the many details and questions that arise when buying and selling properties is exceptional. We have bought and sold several homes in different cities over the years, and Hafez Panju is without doubt the best realtor... It's been a pure joy to work with you
Posted on
August 30, 2021
by
Hafez Panju
I would like to say a big "thank you!" for your tireless hard work, your effective marketing methodology, and most importantly your abundance of professional experience and judgement. We also felt very well served throughout this process thanks to your transparent and timely communications. The fact that we negotiated both offers during the height of pandemic, particularly while you were under quarantine procedures, speaks volume how effective of a communicator you are. Through past encounters and dealings with you, be it the pony rides at the community carnivals or the ... He always made us feel like we were his top priority...
Posted on
June 25, 2021
by
Hafez Panju
Hafez is an absolute pleasure to work with! His deep knowledge of the industry, and vast experience working in UniverCity at SFU, made the process of buying and selling in a crazy market so much less stressful. He always made us feel like we were his top priority and ensured that all the details - big or small - were completely taken care of. This is our third time working with Hafez and we can't recommend him highly enough. K. & P. R ...always looked out for our best interests
Posted on
May 11, 2021
by
Hafez Panju
Hafez has been a pleasure to work with. His timeliness, business acumen, and negotiation skills were invaluable to us securing our first home purchase. We also appreciate the fact that he's transparent, patient, and has always looked out for our best interests. We highly recommend connecting with Hafez for any real estate inquiries. S. & P. J Hafez gave great advice, made the process seamless...
Posted on
May 4, 2021
by
Hafez Panju
Hafez Panju is by far the best realtor that I’ve ever worked with. He recently helped my son, a first-time home owner, buy his first condo. Hafez gave great advice, made the process seamless, and seemed to be available 24/7. He knows the market and consistently went above and beyond for us. My son looks forward to recommending him to all of his friends when they are ready to purchase their first home. K. D. & J. D. I can’t speak highly enough of Hafez as our real estate agent
Posted on
January 13, 2021
by
Hafez Panju
Hafez was absolutely wonderful to work with. It’s like having a friend on the “inside” that is working for you. He really cares about his clients as well as understands the SFU's unique community and neighborhood. I can’t speak highly enough of Hafez as our real estate agent. His professionalism, knowledge, honesty, integrity and hard work ethics were very much appreciated and respected. He was detail oriented, honest, good with people and has a knack for matching the buyer with what my needs were as the seller. Any questions I had, I could approach him with confidence knowing... Thank you for not only meeting expectations but exceeding it
Posted on
November 9, 2020
by
Hafez Panju
Just wanted to add my thanks also for helping us once again with our real estate needs. As a first time home buyer, you have helped make the process less stressful and easier to navigate for our son. Your professionalism and knowledge of the market are second to none. Thank you for not only meeting expectations but exceeding it. Wouldn’t hesitate to recommend you to other family and friends for their real estate transactions. R. L & H. L. We felt supported every step of the way...
Posted on
November 2, 2020
by
Hafez Panju
Hafez, thank you for helping us with the purchase of our new home at SFU. We liked your approach, specifically that you were Always available for any question we had. And that’s in addition to your dedication and expertise. We felt supported every step of the way, which was very important not just because we were first-time buyers but also that we were quite skeptical about real estate at first. S. S & A. S. Hafez managed to sell our Mom’s condo in the middle of the peak of the COVID-19 pandemic
Posted on
July 12, 2020
by
Hafez Panju
Incredibly, Hafez managed to sell our Mom’s condo in record time in the middle of the peak of the COVID-19 pandemic. Hafez put protocols in place to safeguard owners, realtors, and prospective buyers during the sale process while still maintaining momentum and interest during uncertain times. Hafez is a truly an experienced, strategic, thoughtful and capable real estate professional. After many years of his exceptional service, we wouldn’t trust our real estate needs to anyone else.’.. S.S. 2020 Off To Great Start!!!
Posted on
February 4, 2020
by
Hafez Panju
Thank you to all my clients for your support and continued business. Fantastic start to 2020!
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Royal Lepage West Real Estate Services
2185 Austin Avenue,
Coquitlam, BC Canada,
V3K 3R9
Phone: (604) 377 3689
Office:(604) 939 6666
Fax:(604) 909 2666