VANCOUVER WEST DECEMBER APARTMENT MARKET
Attached please find the latest statistics from Greater Vancouver Realtors.
The News Release verifies that last January’s forecast of downside risks regarding 2025 Metro Vancouver Real Estate did indeed come to fruition. With a 10.4 percent decrease over 2024, last year shows the lowest annual residential sales total in over 20 years. This does however leave favourable conditions to start 2026 with lower prices and borrowing costs along with a healthy inventory.
Last month recorded a 12.9 percent decrease in residential sales compared to the previous December. Year to year newly listed properties are up 10.3 percent while last month’s total inventory is 14.6 percent higher than December 2024. The composite value of all properties is 4.5 percent lower December to December.
The graph shows a 1.7 percent dip from November to December for the average condominium sale price in Metro Vancouver. This December compared to last December, the overall benchmark price of an apartment is down 5.3 percent. Year to year the volume of condo sales is 11.2 percent less.
December 2025 versus the previous December, the benchmark price for west side condos is 4.7 percent lower. Vancouver west apartment sales decline 8.2 percent December to December. Year to year west side apartment inventory is 12.3 percent lower.
From November to December, Vancouver west apartment sale show a 22.7 percent loss. Month to month west side condo inventory drops 55.1 percent.