Metro Vancouver's home sales in 2025 hit a 20-year low with about 23,800 sales, a 10.4% drop from 2024 and 25% below the 10-year average. Despite high listings, the market slowdown is driven by economic uncertainty and rapid past price growth, causing buyer hesitation. Prices fell 5% in December 2025 but have since stabilized. Listings reached a record high, with over 65,000 properties listed in 2025. Sales under $500,000 slightly increased.
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