Found 4 blog entries tagged as Vancouver real estate trends.

New Year, Same Housing Market in Metro Vancouver

VANCOUVER, BC, February 3, 2026

Last year’s market trends continued in January as home sales registered on the MLS® in Metro Vancouver were 28.5 percent lower than last year, setting the year off to a quieter start.

The Greater Vancouver REALTORS® reports that residential sales in the region totalled 1,107 in January 2026, a 28.7 percent decrease from the 1,552 sales recorded in January 2025. This was 30.9 percent below the 10-year seasonal average of 1,602.

“On their own, the January sales appear alarming, but it’s important to put these figures in the context of the past few years. Last year ended with one of the lowest sales totals in over two decades, and so it’s not surprising that the…

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2025 saw lowest annual sales total in over two decades

VANCOUVER, B.C. – January 5, 2026 – Home sales registered in the Multiple Listing Service® (MLS®) in Metro Vancouver* finished the year down 10 per cent, marking the lowest annual sales total in over twenty years.

The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 23,800 in 2025, a 10.4 per cent decrease from the 26,561 sales recorded in 2024, and a 9.3 per cent decrease from the 26,249 sales in 2023.

Last year’s sales total was 24.7 per cent below the 10-year annual sales average (31,625).

“This year was one for the history books,” said Andrew Lis, GVR’s chief economist and vice president, data analytics. “Although the sales total was the…

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Vancouver’s famously pricey real estate market has been showing clear signs of cooling in late 2025. Sales in Metro Vancouver are down substantially, and prices have flattened or dipped from their recent highs. An abundance of homes for sale inventory levels are now above the 10-year average means buyers have more choices and negotiating power than in past years. In fact, new data show the composite benchmark price in Vancouver at about $1.124 million in November 2025, nearly 4% below last year’s level. Detached homes averaged about $1.900 M (−4.3% year-over-year) and condos about $714 K (−5.2%). This downturn is partly due to higher mortgage rates earlier in the year and a recent slowdown in demand.

A cooling trend has emerged in Vancouver’s housing…

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Sales Recovery Continues in July

Home sales registered on the MLS® across Metro Vancouver in July extended the early signs of recovery that emerged in June, now down just two per cent from July of last year.

The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 2,286 in July 2025, a two per cent decrease from the 2,333 sales recorded in July 2024. This was 13.9 per cent below the 10-year seasonal average (2,656).

“The June data showed early signs of sales activity in the region turning a corner, and these latest figures for July are confirming this emerging trend,” said Andrew Lis, GVR’s director of economics and data analytics. “Although the Bank of Canada held the policy rate steady in July, this…

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