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

Greater Vancouver REALTORS (HPI) — December 2025

In December 2025, the composite benchmark price for Greater Vancouver homes stands at $1,105,600, reflecting a 5.0% increase from the previous year. Total sales for the month reached 30, indicating a slowdown compared to November's 43 sales.

Market Analysis

The Greater Vancouver real estate market continues to exhibit balanced conditions as of December 2025. The composite benchmark price remains stable, with a slight decrease from November's $1,105,700. The year-over-year price increase of 5.0% suggests a resilient demand amidst a limited supply environment, although total sales have decreased significantly compared to the previous month. This trend indicates a potential cooling in buyer activity as the year concludes, likely influenced by seasonal factors and economic considerations.

With total sales at 30, the market appears to be experiencing a contraction in transaction volume. The absence of new listings data complicates the analysis of supply dynamics; however, the existing benchmark prices across property types suggest that buyers are still willing to engage at current price points. The overall market condition remains balanced, indicating that neither buyers nor sellers have a distinct advantage at this time.

Property Type Analysis

In December 2025, the benchmark price for detached homes is reported at $1,660,900, while attached/townhouse properties are priced at $1,019,500, and apartments at $578,200. The lack of sales data for specific property types makes it challenging to assess their individual performance; however, the significant price differences highlight the varying demand across different segments of the market. Generally, detached homes continue to command the highest prices, reflecting their desirability and limited availability in the region.

The apartment sector, with a benchmark price of $578,200, remains the most accessible option for first-time buyers and those seeking more affordable housing solutions. As the market stabilizes, it will be important to monitor how each property type responds to ongoing economic conditions and buyer sentiment.

Regional Highlights

Regional trends indicate that Greater Vancouver's housing market is maintaining a steady pace, with the composite benchmark price showing resilience despite fluctuations in sales volume. The year-over-year price increase of 5.0% suggests that the market is still attracting interest, particularly in desirable neighborhoods. However, the decrease in sales from November to December may reflect typical seasonal slowdowns, as many buyers and sellers tend to pause their activities during the holiday season.

As the new year approaches, potential shifts in economic conditions, interest rates, and buyer confidence will play crucial roles in shaping the market landscape. Stakeholders should remain vigilant to these factors as they could influence both pricing and sales activity in the coming months.

For Buyers

For prospective buyers, December presents an opportunity to enter a balanced market where competition is less intense than in peak months. Buyers are encouraged to conduct thorough research and consider their long-term housing needs, as the current benchmark prices indicate a stable environment for negotiations. Engaging with a knowledgeable REALTOR can provide valuable insights into available properties and market trends.

For Sellers

Sellers should be aware of the current market conditions and the importance of pricing their homes competitively. With a balanced market and a slight decrease in sales activity, it is essential to present properties in their best light and consider strategic pricing to attract potential buyers. Collaborating with a skilled REALTOR can help sellers navigate the complexities of the market and maximize their property's appeal.