Least Home Sales in More Than Two Decades
Greater Vancouver home sales dropped 12.9% on a year-over-year basis in December, capping a year in which the region saw its lowest annual sales total in more than two decades.
Greater Vancouver Realtors said 1,537 homes changed hands last month, 20.7% below the 10-year seasonal average for December.
The composite benchmark price for all residential properties stood at $1,114,800 at the end of 2025, representing a 4.5% decrease over December 2024 and a 0.8% decrease compared with November 2025.
Last year’s sales total of 23,800 was almost 25% below the 10-year annual sales average.
Condo prices were also down 5.3% year-over-year at $710,000, which was 0.6% lower than the previous month. The benchmark price of a townhouse stood at $1,056,600 — five per cent below December 2024 and 0.8% lower than November 2025.
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