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STILHAVN REAL ESTATE SERVICES

THE STILHAVN REPORT • STILHAVN .COM

THE MARKET

December in Metro Vancouver brings the real estate year to a close under the familiar rhythms of winter. Shorter days, colder weather, and the holiday season naturally slow market activity, as many households pause to reflect and plan ahead. While the pace of transactions eases, the market continues to offer clarity for those assessing opportunities and positioning for the new year. Current market conditions are giving buyers and sellers space to pause, assess, and prepare as 2026 approaches. Home sales registered on the Multiple Listing Service® (MLS®) throughout 2025 in Metro Vancouver* closed the year down 10 per cent, marking the lowest annual sales total in more than two decades. “This year was one for the history books. Although the sales total was the lowest in over two decades, Realtors were still busy listing properties. Sellers brought the highest total of listings to market on record since the mid-1990s, eclipsing the previous record high in 2008 by a little over 1,000 listings,” said Andrew Lis, Greater Vancouver REALTORS’ director of economics and data analytics.

*All market stats throughout this report are courtesy of Greater Vancouver REALTORS®. 1 Areas covered by Greater Vancouver REALTORS® include: Bowen Island, Burnaby, Coquitlam, Maple Ridge, New Westminster, North Vancouver, Pitt Meadows, Port Coquitlam, Port Moody, Richmond, South Delta, Squamish, Sunshine Coast, Vancouver, West Vancouver, and Whistler.