Found 4 blog entries tagged as Vancouver home prices.

Housing market sees little change as year-end nears

VANCOUVER, B.C. – December 2, 2025 – Metro Vancouver* home-sale trends observed in October continued in November, as sales registered on the MLS® remained lower than this time last year.

The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 1,846 in November 2025, a 15.4 per cent decrease from the 2,181 sales recorded in November 2024. This was 20.6 per cent below the 10-year seasonal average (2,324).

“As the year draws to a close, the data continues telling a story of a market with many buyers patiently waiting and sellers adjusting to market conditions not seen in years,” said Andrew Lis, GVR’s chief economist and vice-president, data analytics.…

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The Vancouver real estate market has long been known for sky-high property prices, but now another cost is weighing on homeowners: rising insurance premiums and rising insurance deductibles. In recent years, many strata (condo and townhouse) complexes in Metro Vancouver have seen condo insurance costs surge, with deductibles (the amount paid out-of-pocket on a claim) climbing into the six figures. These escalating strata insurance costs are more than just a budget nuisance – they’re starting to affect Vancouver home prices, mortgage approvals, and the resale value of properties. Homebuyers, sellers, and real estate investors alike need to understand how this insurance trend is reshaping costs and risks in the housing market.

In this post, we’ll break…

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The Vancouver housing market 2025 has taken a noticeable turn compared to the frenzied seller’s market of previous years. After a decade of soaring prices, Vancouver home prices are finally easing in many areas. In fact, Metro Vancouver is now largely considered a buyer’s market. For the first time in years, buyers have more negotiating power as inventory builds and prices soften. In this blog, we’ll explore the real estate trends in Vancouver – particularly which Vancouver neighborhoods (across Greater Vancouver) are seeing the steepest price declines in today’s market – and what it means for buyers and sellers.

Overview: A Cooling Vancouver Real Estate Market in 2025

It’s no secret that the Vancouver real estate market has cooled relative to its…

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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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