VANCOUVER EAST DECEMBER HOUSE MARKET
Attached please find the latest statistics from the Real Estate Board of Greater Vancouver.
The News Release reflects on 2024 as having a sales increase of 1.2 percent over 2023 while also noting the year being 20.9 percent below the annual sales average. There is also optimism, as the year ended not on a downturn but an upswing expected to carry on into 2025.
Last month recorded a 31.2 percent rise in residential sales compared to December 2024. The year to year composite value of all properties is 0.5 percent higher. December to December newly listed properties are up 26.3 percent. The total inventory is now 24.4 percent higher than December 2024.
The graph shows a 1.6 percent dip from November to December for the average price of Metro Vancouver detached properties. The benchmark price for houses in December 2025 is two percent above the previous December. Year to year the volume of detached home sales increases 31.4 percent.
December 2025 versus the previous December, east side house prices are 0.3 percent higher. Year over year Vancouver east detached sales improve 18.8 percent. December to December east side inventory is up 58.3 percent.
From November to December east side house sales drop 25 percent. Month to month east side inventory declines 54.8 percent.