VANCOUVER WEST DECEMBER HOUSE 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 1.2 percent upturn from November to December for the average price of Metro Vancouver detached properties. The benchmark price for houses in December 2025 is 5.3 percent below the previous December. Year to year the volume of detached home sales goes down 12.8 percent.
Last month versus December 2024, Vancouver west detached prices decline 5.4 percent. West side house sales rise 4.3 percent year to year. Inventory rises 10.4 percent this December compared to the previous December.
From November to December west side house sales fall 16.9 percent. Month to month detached inventory drops 55.5 percent.