Greater Vancouver Real Estate Statistics - May 2025
Posted by Adam Chahl on
Buyers Remain Hesitant as Inventory Builds
May 2025 saw inventory levels across Metro Vancouver reach another ten-year high, while home sales registered on the MLS® remained muted.
Residential Sales Statistics
The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 2,228 in May 2025, an 18.5% decrease from the 2,733 sales recorded in May 2024. This was also 30.5% below the 10-year seasonal average of 3,206.
“While there are emerging signs that sales activity might be turning a corner, sales in May were below the ten-year seasonal average, which suggests that some buyers are still sitting on the sidelines or are being especially selective,” said Andrew Lis, GVR’s director of economics and data analytics.
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