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Metro Vancouver Market Snapshot – A Reset Creating Opportunity

While 2025 recorded lower overall home sales in Metro Vancouver, the year also marked an important market resetthat is laying the groundwork for improved conditions ahead.

Sales activity totalled approximately 23,800 homes, reflecting a quieter year by historical standards. However, one of the most notable developments was on the supply side: sellers brought a record number of homes to market, the highest level of new listings since the mid-1990s. This expanded inventory has given buyers significantly more choice than they’ve had in many years.

Active listings finished the year well above long-term averages, creating a more balanced marketplace and easing the intense competition that defined prior cycles. At the same time, borrowing costs declined by nearly a full percentage point, helping to offset some of the price adjustments seen in 2025.

Home prices softened modestly across all property types, which has improved overall affordability without triggering sharp or destabilizing corrections. Benchmark prices remain historically strong, reflecting the region’s long-term demand fundamentals.

Economic uncertainty and trade tensions impacted confidence earlier in the year, but consumer sentiment showed signs of improvement in the second half of 2025, suggesting momentum may be building as we move into 2026.

Why This Matters Going Forward

• Buyers are entering 2026 with more inventory, improved negotiating leverage, lower borrowing costs, and slightly adjusted pricing

• Sellers benefit from more engaged, informed buyers and a market that is gradually stabilizing

• The current environment offers strategic opportunities for both move-up buyers and long-term investors

December 2025 at a Glance

December followed typical seasonal patterns, with lower sales activity and steady new listings. The overall market remains price-sensitive but stable, with sales-to-active listing ratios suggesting a more balanced environment rather than a sharp downturn.

Across all housing types, prices edged down slightly month-over-month, reinforcing the theme of measured adjustment rather than volatility.

Bottom line:
2025 wasn’t about record sales—it was about rebalancing. With improving affordability, falling interest rates, strong inventory levels, and early signs of renewed confidence, the market is entering 2026 on firmer, more sustainable footing.

Questions about the Market?

Rob Britch | RE/MAX Select Realty
📞 604-240-5813  ✉️ rob@robbritch.com  🌐 robbritch.com
Metro Vancouver Realtor® | 33 Years of Experience