February 12, 2026

2025 Vancouver Home Sales Were Incredibly Bad

Home sales across Metro Vancouver dropped to their lowest annual level in more than two decades in 2025, with just 23,800 residential transactions recorded — down over 10% from 2024 and nearly 25% below the 10-year average. Despite the sharp slowdown in sales, sellers were highly active, pushing total MLS listings to 65,335 properties, the highest level since the mid-1990s and surpassing the previous record set in 2008. By the end of December, active listings stood at 12,550, significantly above both last year’s levels and the long-term seasonal average, highlighting a clear imbalance between supply and demand.

Greater Vancouver Realtors attributed much of the weakness to trade tensions with the United States, which dampened consumer confidence earlier in the year, though sentiment improved modestly in the second half of 2025. Prices softened alongside sales, with the benchmark residential price falling 4.5% year-over-year to $1.1 million by December. With borrowing costs easing, inventory elevated, and prices lower, market conditions are shifting in favour of buyers heading into 2026, even as December sales remained well below typical seasonal levels.

Article Source : https://realestatemagazine.ca/metro-vancouver-home...

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