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Your December Real Estate Update: Trends & Takeaways

Your December Real Estate Update: Trends & Takeaways

Metro Vancouver Market Snapshot – December 2025

Metro Vancouver’s housing market stayed quiet in November, with sales well below last year and long-term averages. Many buyers remain cautious and are waiting for more stability, while sellers are adjusting prices to meet current market expectations. With a higher number of homes available, properties are taking longer to sell, and prices have edged down slightly across most categories. These trends point to a softer, slower market as we head into the end of the year.

Detached Homes:

Sales: 541 (down 13.6% from last November)
Benchmark Price: $1,900,600 (down 4.3% year-over-year; down 0.4% from October)
Market Insight: Detached homes are experiencing softer demand, giving buyers more options and negotiating power. Prices have eased slightly as sellers adjust to current conditions.

Townhomes:

Sales: 350 (down 22.4% from last November)
Benchmark Price: $1,065,600 (down 4.4% year-over-year; up 0.1% from October)
Market Insight: Townhomes remain steady in price despite slower sales. Buyers are taking more time to make decisions, and well-priced homes are still attracting interest.

Apartments:

Sales: 945 (down 13.2% from last November)
Benchmark Price: $714,300 (down 5.2% year-over-year; down 0.2% from October)
Market Insight: Condos remain the most active segment. Although sales are lower than last year, pricing has only softened slightly, and demand is holding relatively steady compared to other categories.

The current market is moving at a slower, more balanced pace, with lower sales and higher inventory giving buyers more choice and time to make decisions. Prices have softened slightly, and homes are taking longer to sell, meaning sellers need to price competitively and present their home well to attract interest. For buyers, this environment offers greater negotiating power and less pressure compared to previous years. Overall, it’s a calmer market where realistic expectations and proper strategy are key for both sides.

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. 

MEET TEAM MEMBERS

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