01/23/2026
Market Recap for 2025 & Update for the first month of 2026!
2025 saw lowest annual sales total in over two decades. Home sales registered in the Multiple Listing Service® (MLS®) in Metro Vancouver finished the year down 10 per cent, 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 per cent decrease from the 26,561 sales recorded in 2024, and a 9.3 per cent decrease from the 26,249 sales in 2023.
"This year was one for the history books. Although the sales total was the lowest in over two decades, Realtors were still busy listing properties. Sellers brought the highest total of listings to market on record since the mid-1990s, eclipsing the previous record high in 2008 by a little over 1,000 listings."- Andrew Lis, GVR chief economist and vice-president data analytics
Scroll through for detailed stats on Vancouver West & East detached homes.