News: Vancouver Real Estate Market

Activity picked up pace in the final quarter of 2024, leading to moderate price increases and paving the way for a brisk spring market.

Highlights:

• Royal LePage forecasts that the aggregate price of Canadian homes will increase 6.0 percent in the fourth quarter of 2025, compared to 2024’s Q4.

• Housing policy and affordability are expected to be primary ballot box issues shaping voters’ decisions in the federal election.

• Greater Montreal Area’s aggregate home price increased 8.2 percent year-over-year,...

The predicted decline of interest rates along with new lending rules will bring buyers back to the market next year.

Highlights:

• Royal LePage forecasts that the aggregate price of Canadian homes will increase by 6.0 percent year-over-year in the fourth quarter of 2025.

• Nationally, single-family detached and condominiums are expected to increase 7.0 percent and 3.5 percent, respectively, year over year in Q4 of 2025.

• The Greater Montreal Area aggregate home price appreciation (6.5 percent) is expected...