News: Vancouver Real Estate Market

Home sales registered in the Multiple Listing Service® (MLS®) in Metro Vancouver* finished the year down 10%, marking the lowest annual sales total in over twenty years.

The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 23,800 in 2025, a 10.4% decrease from the 26,561 sales recorded in 2024, and a 9.3% decrease from the 26,249 sales in 2023.

Last year’s sales total was 24.7% below the 10-year annual sales average (31,625).

"This year was one for the history books....

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...

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...

Choosing the right REALTOR® is a crucial step to ensure your journey to buying or selling real estate in Coquitlam is a success. A skilled and experienced REALTOR® can make the process smoother and more successful, while an inexperienced or ineffective agent can lead to frustration and missed opportunities. To ensure you make the best choice, this blog post will guide you through the essential factors to consider when selecting the best Coquitlam REALTOR® for your needs.

Experience and Local Knowledge...

A quick follow-up to last month's issue when I chose to focus on the primary reason for the current buyer's market, which generally is attributed to the B-20 mortgage stress test that the federal government’s banking regulator (OSFI) imposed.

In the interest of time and realizing most of my audience are busy with limited time to read a lengthy explanation on all the reasons, I chose to focus on the "primary" reason - which is by no means the only reason. Obviously the Feds had their reasons...

Buying your first home is a very exciting yet stressful time. It's one of the most important decisions you'll ever make and one of the main reasons to seek professional advice. The right advisor will help guide you through the buying process and help you lay the foundation for an enjoyable home ownership experience. The sooner you start working with an agent the better. As a buyer there are typically no costs to hire a REALTOR®. Most agents offer a complimentary new home buyer orientation which...