Greater Vancouver REALTORS (HPI) Report: December 2025 Market Shows Signs of Seller Advantage

Greater Vancouver REALTORS (HPI) — December 2025

In December 2025, the composite benchmark price for homes in Greater Vancouver stands at $792,700, reflecting a year-over-year decline of 4.8%. Total sales for the month reached 34, with a strong seller's market indicated by a sales-to-new-listings ratio of 82.9%.

Market Analysis

The Greater Vancouver real estate market in December 2025 exhibits characteristics of a seller's market, despite a decrease in the composite benchmark price compared to the previous month and the same month last year. The total sales of 34 represent a notable decline from November's 47 sales, indicating a potential slowdown in buyer activity as the year comes to a close. However, the high sales-to-new-listings ratio of 82.9% suggests that demand remains relatively strong compared to the supply of new listings, which totaled 41 for the month.

Property Type Analysis

When examining property types, the benchmark price for detached homes is reported at $841,000, while attached/townhouse properties are at $749,100, and apartments at $473,100. Although specific sales figures for each category are not available, the overall market dynamics suggest that detached homes continue to command higher prices, reflecting their desirability, while attached and apartment properties may offer more accessible options for buyers in the current market.

Regional Highlights

Regionally, the Greater Vancouver area continues to experience fluctuations in pricing and sales activity. The composite benchmark price has decreased from $829,400 in November 2025 and $832,800 in December 2024, indicating a broader trend of price stabilization following previous highs. This trend may reflect changing buyer preferences and economic factors impacting the housing market.

For Buyers

For buyers navigating the current market, it is advisable to act decisively, especially given the high sales-to-new-listings ratio. With fewer new listings entering the market, buyers may encounter increased competition for desirable properties. Conducting thorough research and being prepared to make competitive offers can enhance the chances of securing a home.

For Sellers

Sellers should take advantage of the current seller's market by pricing their properties strategically. With a strong sales-to-new-listings ratio, homes that are well-presented and priced competitively are likely to attract significant interest. Engaging with a knowledgeable REALTOR can provide valuable insights into pricing strategies and marketing approaches to maximize sale potential.