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…
Last year’s market trends continued in January as home sales registered on the MLS® in Metro Vancouver were 28.5 per cent lower than last year, setting the year off to a quieter start. The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 1,107 in January 2026, a 28.7 per cent decrease…
The North Vancouver real estate market in December 2025 reflects a complex landscape with declining sales and prices in detached properties, while condos show resilience in sales despite fewer listings. The overall market dynamics suggest a change in buyer preferences and market conditions. For more details work through the five pages below:
The West Vancouver real estate market in December 2025 is characterized by a decrease in sales and benchmark prices across most property types, with a notable increase in active listings for townhomes. The market dynamics suggest a shift towards a buyer’s market, particularly in the condo segment, while detached properties remain under pressure with declining…
The Greater Vancouver real estate market of 2025 will be remembered as one defined by elevated inventory, subdued sales activity, and the destabilizing effects of a tariff dispute with United States. Canada’s largest trading partner. Throughout the year, the Bank of Canada reduced its policy rate at four separate intervals, bringing the benchmark interest rate…
Our real estate board, Greater Vancouver REALTORS® (GVR) just released stats to show Metro Vancouver* home-sale trends observed in October continued in November, as sales registered on the MLS® remained lower than this time last year. *Areas covered by Greater Vancouver REALTORS® include: Bowen Island, Burnaby, Coquitlam, Maple Ridge, New Westminster, North Vancouver, Pitt Meadows,…
The year 2025 has begun with a bang, not a whimper. National headlines have been relentless, from the unexpected resignation of the Prime Minister to the looming threat of tariff wars with our southern neighbours following President Donald Trump’s return to the Oval Office. Amid this whirlwind of political and economic shifts, Greater Vancouver’s real…
West Vancouver (WV) 2024 apartment sales accounted for 31% of WV’s residential property sales in contrast to 49% in North Vancouver. Of the 641 WV 2024 residential property sales, detached homes accounted for 62%, apartments 31% and townhomes 7%. WV 2024 year-end residential sale totals were similar to 2023; 641 versus 633 respectively. Both West…
If you want to know more about what’s happening with West Vancouver’s house market in order to navigate it with confidence, check out the video below showing the past 15 months activity for sales, new listings, inventory, months-of-inventory, sales-to-active listing ratio, sales-to-new listing ratio and prices.
Inventory remains low in Metro Vancouver while home sales dipped well below monthly historical averages in January. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,022 in January 2023, a 55.3 per cent decrease from the 2,285 sales recorded in January 2022, and a 21.1…
