Greater Vancouver REALTORS (HPI) Report: December 2025 Market Shows Balanced Conditions

Greater Vancouver REALTORS (HPI) — December 2025

In December 2025, the composite benchmark price for Greater Vancouver's real estate market stands at $1,049,300, reflecting a 4.6% decrease from the previous year. Total sales for the month reached 50, indicating a slight increase from 46 sales in November 2025.

Market Analysis

The Greater Vancouver real estate market is currently experiencing balanced conditions, as evidenced by the total sales of 50 in December 2025. This marks a modest increase compared to November's sales figures, suggesting a stable demand amidst fluctuating prices. The composite benchmark price has decreased from $1,069,600 in November to $1,049,300 in December, highlighting a year-over-year decline of 4.6% from $1,099,900 in December 2024. This trend indicates that while prices are softening, the market is not in a state of rapid decline, allowing for a more stable environment for both buyers and sellers.

Property Type Analysis

In December, the benchmark prices for different property types are as follows: detached homes at $2,001,800, attached/townhouses at $981,800, and apartments at $710,000. While specific sales data for each property type is not available, the significant price differences suggest varying levels of demand and buyer preferences across these categories. Detached homes continue to command the highest prices, reflecting their desirability, while apartments remain the most affordable option in the market.

Regional Highlights

Regional trends indicate that the overall market remains balanced, with no significant shifts in inventory levels reported for December. This stability is crucial for maintaining buyer confidence, especially as the market adjusts to changing economic conditions. The consistent benchmark prices across the region suggest that buyers are still actively engaging in the market, albeit cautiously, as they navigate their purchasing decisions.

For Buyers

For potential buyers, this balanced market presents an opportunity to negotiate more favorable terms. With a slight decrease in benchmark prices, buyers may find it advantageous to explore various property types and consider making offers that reflect current market conditions.

For Sellers

Sellers should remain realistic about pricing in the current market climate. With a year-over-year decline in benchmark prices, it is essential to price properties competitively to attract buyers. Engaging with a knowledgeable REALTOR can provide valuable insights into setting an appropriate listing price that reflects the current market dynamics.