News: Vancouver Real Estate Market

Metro Vancouver* home-sale trends observed in October continued in November, as sales registered on the MLS® remained lower than this time last year.  

The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 1,846 in November 2025, a 15.4% decrease from the 2,181 sales recorded in November 2024. This was 20.6% below the 10-year seasonal average (2,324). 

"As the year draws to a close, the data continues telling a story of a market with many buyers patiently...

Key highlights from the third quarter: 

• In the third quarter of 2025, the national aggregate home price remained flat year over year; declined 1.2% over Q2.

• The Greater Montreal Area’s aggregate home price increased 4.9% year over year, while the greater Toronto and Vancouver markets recorded declines of 3.5% and 3.1%, respectively, in the third quarter. 

• National year-end forecast adjusted downward due to price declines in greater regions of Toronto and Vancouver, with the aggregate price...

Home sales registered on the MLS® in Metro Vancouver* were 14% lower than last October, as the trend of slower sales and building inventory creates favourable conditions for those looking to buy in the fall market. 

The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 2,255 in October 2025, a 14.3% decrease from the 2,632 sales recorded in October 2024. This was 14.5% below the 10-year seasonal average (2,638). 

"October is typically the last month of the year...

Easing prices brought more Metro Vancouver homebuyers off the sidelines in August, with home sales on the MLS® up nearly 3% from August last year. 

The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 1,959 in August 2025, a 2.9% increase from the 1,904 sales recorded in August 2024. This was 19.2% below the 10-year seasonal average (2,424). 

“The August sales figures add further confirmation that sales activity across Metro Vancouver appears to...

VANCOUVER - August 5, 2025 - Home sales registered on the MLS® across Metro Vancouver in July extended the early signs of recovery that emerged in June, now down just two per cent from July of last year. 

The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 2,286 in July 2025, a 2% decrease from the 2,333 sales recorded in July 2024. This was 13.9% below the 10-year seasonal average (2,656).  

“The June data showed early signs of sales activity...

VANCOUVER, BC – July 3, 2025 – Following a turbulent first half of the year, MLS®-registered home sales across Metro Vancouver are beginning to show signs of recovery—down 10% year-over-year, a notable improvement from last month’s 20% decline.

The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 2,181 in June 2025, a 9.8% decrease from the 2,418 sales recorded in June 2024. This was 25.8% below the 10-year seasonal average (2,940).

"On a trended basis, signs are...