Metro Vancouver Market Update
Q4 2025 Edition | Your Essential Guide to Market Trends
Market Snapshot – December 2025
Key Insight: The market ended 2025 with the lowest annual sales total in over 20 years, while inventory hit record highs. All property types are sitting below the 12% threshold that signals downward price pressure — this is a prime opportunity for buyers!
What’s Hot & What’s Not
HOT (Relatively Speaking)
Apartments
- S/A Ratio: 15.1% (most resilient)
- Holding above balanced market
- Best for sellers in current climate
Attached/Townhouses
- S/A Ratio: 14.6%
- Moderate buyer demand
- More movement than detached
Strong Areas: Richmond, Squamish, Port Coquitlam apartments
COOLING DOWN
Detached Homes
- S/A Ratio: 9.3% (weakest)
- Well below balanced market
- Significant price pressure
Sales Activity:
- October: 693 sales
- November: 541 sales (-22%)
- December: 431 sales (-20%)
Slower Areas: Detached homes in Burnaby, West Vancouver, North Vancouver
Strategic Tips for Your Clients
BUYER TIPS
- Take Your Time: With inventory at record highs and ratios below 12%, buyers have the upper hand
- Target Detached: The 9.3% S/A ratio on detached homes means serious negotiating power
- Be Strategic: Properties are taking longer to sell — don’t rush, inspect thoroughly
- Lock in Lower Rates: Borrowing costs are down nearly 1% from peaks
- Negotiate Hard: Sellers are adjusting to new reality — ask for price reductions, closing cost help, or included items
- Look Beyond Price: With 12,550 active listings, you have choices!
SELLER TIPS
- Price Aggressively: Market has shifted — price competitively from day one
- Consider Timing: Q1 traditionally sees uptick in buyers; if not urgent, wait for spring
- Apartments First: If you have an apartment/condo, you’re in the best position relative to other property types
- Staging Matters More: With high inventory, presentation is critical to stand out
- Be Flexible: Consider incentives like covering strata fees, offering move-in credits
- Realistic Expectations: Prices down 4-5% YoY — accept the market of today, not 2022
Market Forecast
3-Month Outlook (Q1 2026)
Cautiously Optimistic
- Sales Activity: Expected modest uptick in Feb-Mar as traditional spring market approaches. January will remain quiet (typical seasonal pattern).
- Inventory: Will likely stay elevated (11,000-13,000 range) as more sellers test the market in spring.
- Prices: Continued slight softening (0-2% decline) before stabilizing in March. Detached homes may see 2-3% further decline.
- Interest Rates: Stable at current levels — no further BoC cuts expected, which may limit buyer enthusiasm.
- Best Opportunities: Late Jan-Feb for buyers before spring competition increases. Sellers should wait until March listing rush.
12-Month Outlook (2026 Full Year)
Gradual Recovery with Regional Variations
- Sales Volume: Expecting 5-10% increase from 2025’s 23,800 sales as market stabilizes. Still below 10-year average (31,625).
- Price Trajectory:
• Q1-Q2: Flat to -2%
• Q3-Q4: Potential 0-3% recovery as trade tensions ease and consumer sentiment improves
• Net 2026: -1% to +2% depending on economic factors - Property Type Winners: Apartments and attached homes will outperform detached. First-time buyer segment remains strongest.
- Inventory Levels: Will moderate by year-end as sales absorb some supply, but remain above historical averages.
- Key Wildcards:
• US-Canada trade relations (tariff risks)
• Immigration policy changes
• Potential BoC rate cuts in H2 2026 if economy softens - Regional Hotspots: Watch Squamish (+5% YoY prices), Richmond apartments, and Port Coquitlam for relative strength.
Bottom Line: 2026 will be a year of stabilization and gradual recovery. The extreme buyer’s market of late 2025 will moderate but won’t flip to a seller’s market. Opportunities exist for both buyers and sellers who price/offer realistically.
Your Winning Strategy for 2026!
Hey there, Rockstar Realtors! 
Yes, 2025 was challenging with the lowest sales in 20 years, BUT here’s the exciting part: you now have MORE INVENTORY than ever to work with, buyers have AMAZING negotiating power, and sellers who list strategically WILL sell!
This is YOUR time to shine! 
Educate your buyers on their unprecedented advantage
Coach your sellers on realistic pricing for quick sales
Position yourself as the market expert who knows how to win in any conditions
Stay positive — every market creates opportunities for those who adapt!
Remember: The best realtors don’t wait for perfect markets — they CREATE opportunities in the market they have! 
Volume may be down, but your value to clients has NEVER been higher. Let’s make 2026 your best year yet! 
Metro Vancouver Market Update
Market Snapshot – December 2025
What’s Hot & What’s Not
Strategic Tips for Your Clients
BUYER TIPS
SELLER TIPS
Market Forecast
3-Month Outlook (Q1 2026)
Your Winning Strategy for 2026!