VANCOUVER EAST DECEMBER TOWNHOME 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.
From November to December the graph shows a 1.7 percent dip in prices for attached units in Metro Vancouver. Last month compared to December 2024, the benchmark townhouse price is down five percent. Year to year townhouse sales volume drops 18.3 percent.
Last month compared to December 2024 Vancouver east townhouse prices are down 8.7 percent. Year to year attached unit sales decline 12.5 percent lower. From December to December inventory falls 32.7 percent.
From November to December east side attached sales drops 32.3 percent. Month to month attached inventory tumbles 53.2 percent.