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Notable appetite among buyers despite changing market dynamics.

Notable appetite among buyers despite changing market dynamics.

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In January 2025, the Greater Vancouver REALTORS® (GVR) reported a significant increase in homes newly listed on the MLS®, rising by 46 % year-over-year. This surge in listings indicates a growing eagerness among sellers to enter the market as the new year begins.  Residential sales in the region increased 8.8% from January 2024's recorded sales.  Andrew Lis, GVR’s director of economics and data analytics, noted that buyer demand had been gaining momentum over the last three months leading up to January. Yet now it seems that this momentum is shifting towards sellers as they take advantage of favourable market conditions at the start of 2025. Despite the influx of new listings, sales continue to outpace last year's figures, suggesting that there is still a notable appetite among buyers despite changing market dynamics. Price trends have remained relatively stable across all segments within the market.  

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