- Introduction
In 2025, Vancouver’s real estate market is showing clear signs of a buyer’s market. Active home listings have surged to their highest levels in 17 years, reflecting a shift in market dynamics and giving buyers more negotiating power.
- Key Market Indicators
Active Listings: Record high, not seen since 2008, signaling significant growth in housing supply
Sales Activity: Relatively stable, with buyers becoming more selective and taking longer to make decisions
Price Trends: Prices showing stabilization, with some segments experiencing modest declines, improving affordability
- Market Dynamics
Inventory Increase: Surge in available homes provides buyers with more choices
Seller Adjustments: Sellers are modifying pricing strategies and marketing approaches to remain competitive
Buyer Advantage: Higher inventory levels and slower sales increase negotiating leverage for buyers
- Implications
For Buyers
Greater room for negotiation on price and terms
Increased selection of properties across different segments
Opportunity to secure homes at favorable prices before potential market changes
For Sellers
Need for strategic pricing and property presentation
Awareness of shifting buyer preferences is crucial
Longer selling timelines may require patience and flexibility
- Conclusion
Vancouver’s housing market is transitioning into a more balanced or buyer-favorable environment. With active listings at a 17-year high, buyers have significant leverage, while sellers must adapt to maintain competitiveness. Market participants should closely monitor trends to make informed decisions.