2025 marked one of the slowest sales years in Metro Vancouver in over two decades. Overall home sales declined significantly, while inventory reached record highs, creating a market environment that clearly favored buyers. Despite fewer transactions, sellers continued to list properties at elevated levels, resulting in abundant choice, softer pricing, and increased negotiating power for purchasers. With borrowing costs easing toward year-end and consumer confidence showing modest improvement, buyers are entering 2026 with more favorable conditions than in recent years.
Detached Homes:
Sales: 431 (down 12.8% year-over-year)
Benchmark Price: $1,879,800 (down 5.3% year-over-year; down 1.1% month-over-month)
Market Insight: Detached homes continue to face softer demand amid elevated inventory levels. Buyers have increased choice and leverage, resulting in downward pressure on prices as sellers adapt to more competitive conditions.
Apartments (Condos):
Sales: 791 (down 11.2% year-over-year)
Benchmark Price: $710,000 (down 5.3% year-over-year; down 0.6% month-over-month)
Market Insight: Condos remain the most active segment, but high supply is keeping price growth in check. Buyers are benefiting from ample selection, with well-priced and well-presented units performing best.
Townhomes (Attached Homes):
Sales: 303 (down 18.3% year-over-year)
Benchmark Price: $1,056,600 (down 5.0% year-over-year; down 0.8% month-over-month)
Market Insight: Townhomes saw the sharpest decline in sales, reflecting affordability pressures and cautious buyer sentiment. Increased inventory has shifted leverage toward buyers, requiring strategic pricing from sellers.
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ABOUT ANNA LITVAK JOSEPH
Anna is a licensed REALTOR® based in Greater Vancouver and providing trading real estate services across Metro Vancouver, Greater Vancouver, Fraser Valley & Kelowna. Anna has an impressive track record and a wealth of experience in all the aspects of the real estate industry. As a full-time REALTOR®, Anna is dedicated to providing her clients with top-notch service, expert advice, and outstanding results in their real estate transactions. Anna emphasizes the importance of building valuable relationships and ensuring client satisfaction from the initial thoughts of making a move and through the home ownership journey. Her customer-centric approach is fundamental to her business philosophy.
With over 15 years of sales experience & entrepreneurship, Anna brings a high level of professionalism, customer service, and integrity to her real estate career. Anna’s outstanding performance in real estate is underscored by her impressive achievements. She qualified as a Medallion Club Member in 2018, 2019, 2020, 2021, 2022, 2023 and 2024 placing her among the top 10% of real estate agents in Greater Vancouver. Anna has worked hard to gain numerous 5 star testimonials, and is being featured in several publications year over year, including Vancouver Excellence in Real Estate, Top agent Magazines, and more. Anna is also highly ranked in multiple cities across RATE-MY-AGENT.
Anna’s professionalism, expertise and knowledge is the reason why the majority of her business today consists of referral or repeat customers.
About the team: The Anna Litvak Joseph Team at BC Prime Realty is a full-service real estate team that has grown over the years to a trusted brand that provides service to thousands of happy buyers and sellers.
Their dedication has been acknowledged with the prestigious Medallion Club award in 2020, 2021, 2022, 2023 and 2024, highlighting their excellence as one of the top 10% teams among real estate groups in Greater Vancouver.
The Anna Litvak Joseph Team values diversity and relationship, therefore they follow client- centric approach, making it stress-free journey throughout their real estate experience.
The Anna Litvak Joseph Team is truly passionate about their mission of deliver excellence in Real Estate by building long term relationships. Their professionalism, expertise and knowledge is the reason why the majority of their business consists of referral or repeat customers.
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.