Greater Vancouver REALTORS (HPI) December 2025 Market Report: Benchmark Price at $1,352,200

Greater Vancouver REALTORS (HPI) — December 2025

In December 2025, the composite benchmark price for homes in Greater Vancouver stands at $1,352,200, reflecting a year-over-year increase of 3.4%. Total sales for the month reached 42, indicating a slight decline from November's 55 sales.

Market Analysis

The Greater Vancouver real estate market remains balanced as of December 2025, with a composite benchmark price of $1,352,200. This marks a modest increase of 3.4% compared to December 2024, when the benchmark was $1,307,600. The total sales figure of 42 represents a decrease from the previous month, suggesting a potential cooling in buyer activity as the year concludes. However, the year-over-year price increase indicates sustained demand in the market despite the lower sales volume.

Property Type Analysis

In terms of property types, the benchmark price for detached homes is $2,622,600, while attached/townhouses are priced at $1,695,100, and apartments at $613,200. The absence of sales data for these categories in December makes it challenging to assess their performance relative to one another, but the significant price differences highlight the diverse options available to buyers in the market.

Regional Highlights

Regional trends indicate that while the overall market is balanced, specific areas may experience varying levels of demand and pricing. The continued increase in benchmark prices suggests that certain neighborhoods remain highly sought after, contributing to the overall upward trend in home values across Greater Vancouver.

For Buyers

For prospective buyers, it is advisable to remain informed about market conditions and be prepared to act quickly when suitable properties become available. With a balanced market, buyers may find opportunities to negotiate on price and terms, especially as the year progresses.

For Sellers

Sellers should consider the current market dynamics when pricing their homes. With a benchmark price increase year-over-year, setting a competitive price can attract interest, but it is essential to remain realistic about market conditions to ensure a successful sale.