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

Greater Vancouver REALTORS (HPI) — December 2025

In December 2025, the composite benchmark price for Greater Vancouver real estate stands at $2,363,800, reflecting a year-over-year decrease of 7.2%. Total sales for the month reached 28, indicating a notable decline from the previous month's activity.

Market Analysis

The Greater Vancouver real estate market is currently experiencing balanced conditions, with a composite benchmark price of $2,363,800. This marks a significant decline of 7.2% compared to December 2024, when the benchmark was $2,546,300. The total sales for December 2025 are reported at 28, a decrease from 53 sales in November 2025, suggesting a slowdown in buyer activity as the year comes to a close.

Property Type Analysis

The detached market continues to lead with a benchmark price of $3,070,000, although specific sales figures are not available for December. The apartment sector shows a benchmark price of $1,077,300, reflecting the ongoing trend of varying demand across property types. The lack of sales data for attached and townhouse properties limits a comprehensive analysis, but the overall market dynamics indicate a cautious approach from buyers.

Regional Highlights

Regional trends indicate a shift in buyer sentiment, with many opting to wait for more favorable conditions before making significant investments. The decline in benchmark prices across the board may attract some buyers looking for opportunities, but the overall sales volume remains low, suggesting a careful market approach as economic factors continue to influence decisions.

For Buyers

Potential buyers are encouraged to consider the current market conditions as an opportunity to negotiate better terms. With a balanced market and declining prices, buyers may find favorable options, particularly in the detached and apartment sectors.

For Sellers

Sellers should be mindful of the current price trends and consider adjusting their expectations accordingly. With a decrease in benchmark prices and total sales, presenting properties competitively priced may enhance the likelihood of a successful sale in this balanced market.