Our local real estate board, Greater Vancouver REALTORS®, just released its residential market forecast report for Greater Vancouver, analyzing sales trends, inventory levels, and potential economic factors affecting the housing market in 2026!
2025 Market Performance Overview
Home sales in 2025 totaled 23,800, down 10% from 2024 and nearly 25% below the 10-year average.
This marked the lowest sales total in over two decades, statistically expected once every seven years.
Listing Activity and Inventory Levels
REALTORS® listed a record 65,335 properties in 2025, surpassing the previous record from 2008.
Active listings peaked at nearly 17,500 in June 2025, indicating a decade-high inventory level.
Factors Influencing Market Performance
Trade tensions with the USA contributed to economic uncertainty, impacting sales activity.
Despite high uncertainty, measurable economic damage was minimal, with no significant rise in unemployment.
Sales and Price Forecast for 2026
Sales activity in 2026 is expected to remain tepid, influenced by high inventory and subdued population growth.
Prices are projected to remain stable, with modest upside potential in the attached market segment.
Read on for more in the following 12 pages!
2026-02-09 Market Outlook 2026.Areas covered by Greater Vancouver REALTORS® include:
Burnaby, Coquitlam, Maple Ridge, New Westminster, North Vancouver, Pitt Meadows, Port Coquitlam, Port Moody, Richmond, South Delta, Squamish, Sunshine Coast, Vancouver, West Vancouver, and Whistler.
Greater Vancouver REALTORS® is an association representing more than
15,000 REALTORS® and their companies.
