Greater Vancouver Market Report Infographics

Spring market brings abundance of opportunity for buyers

The slowdown in home sales registered on the Multiple Listing Service® (MLS®) in Metro Vancouver* that began early this year continued in April, with sales down nearly 24 per cent year-over-year.

The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 2,163 in April 2025, a 23.6 per cent decrease from the 2,831 sales recorded in April 2024. This was 28.2 per cent below the 10-year seasonal average (3,014).

“From a historical perspective, the slower sales we’re now seeing stand out as unusual, particularly against a backdrop of significantly improved borrowing conditions, which typically helps to boost sales. What’s also unusual is starting the year with Canada’s largest trading partner threatening to tilt our economy into recession via trade policy, while at the same time having Canadians head to the polls to elect a new federal government. These issues have been hard to ignore, and the April home sales figures suggest some buyers have continued to patiently wait out the storm.” said Andrew Lis, GVR director of economics and data analytics

Read the full report on the REBGV website!

The following data is a comparison between April 2025 and April 2024 numbers, and is current as of May of 2025. For last month’s update, you can check out our previous post!

Or follow this link for all our GVR Infographics!

These infographics cover current trends in several areas within the Greater Vancouver region. Click on the images for a larger view!

Printable Version – GVR April 2025 Data Infographic Report North Vancouver

Printable Version – GVR April 2025 Data Infographics Report West Vancouver

Printable Version – GVR April 2025 Data Infographics Report Vancouver West

Printable Version – GVR April 2025 Data Infographics Report Vancouver East

Printable Version – GVR April 2025 Data Infographic Report Maple Ridge

Printable Version – GVR April 2025 Data Infographics Report Pitt Meadows

Printable Version – GVR April 2025 Data Infographics Report Port Coquitlam

Printable Version – GVR April 2025 Data Infographics Report Coquitlam

Printable Version – GVR April 2025 Data Infographic Report Burnaby North

Printable Version – GVR April 2025 Data Infographics Report Burnaby South

Printable Version – GVR April 2025 Data Infographics Report Burnaby East

Printable Version – GVR April 2025 Data Infographics Report New Westminster

Printable Version – GVR April 2025 Data Infographics Report Richmond

Printable Version – GVR April 2025 Data Infographics Report Squamish

Custom real estate infographics published by myRealPage.com

A market made for buyers is missing buyers

Home sales registered on the MLS® in the Metro Vancouver* for the month of March were the lowest going back to 2019 for the same month, while active listings continue to their upward trend.

The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 2,091 in March 2025, a 13.4 per cent decrease from the 2,415 sales recorded in March 2024. This was 36.8 per cent below the 10-year seasonal average (3,308).

“If we can set aside the political and economic uncertainty tied to the new U.S. administration for a moment, buyers in Metro Vancouver haven’t seen market conditions this favourable in years. Prices have eased from recent highs, mortgage rates are among the lowest we’ve seen in years, and there are more active listings on the MLS® than we’ve seen in almost a decade. Sellers appear ready to engage — but so far, buyers have not shown up in the numbers we typically see at this time of year.”

Read the full report on the REBGV website!

The following data is a comparison between March 2025 and March 2024 numbers, and is current as of April of 2025. For last month’s update, you can check out our previous post!

Or follow this link for all our GVR Infographics!

These infographics cover current trends in several areas within the Greater Vancouver region. Click on the images for a larger view!

Printable Version – GVR February 2025 Data Infographic Report North Vancouver

Printable Version – GVR March 2025 Data Infographics Report West Vancouver

Printable Version – GVR March 2025 Data Infographics Report Vancouver West

Printable Version – GVR March 2025 Data Infographics Report Vancouver East

Printable Version – GVR March 2025 Data Infographic Report Maple Ridge

Printable Version – GVR March 2025 Data Infographics Report Pitt Meadows

Printable Version – GVR March 2025 Data Infographics Report Port Coquitlam

Printable Version – GVR March 2025 Data Infographics Report Coquitlam

Printable Version – GVR March 2025 Data Infographic Report Burnaby North

Printable Version – GVR March 2025 Data Infographics Report Burnaby South

Printable Version – GVR March 2025 Data Infographics Report Burnaby East

Printable Version – GVR March 2025 Data Infographics Report New Westminster

Printable Version – GVR March 2025 Data Infographics Report Richmond

Printable Version – GVR March 2025 Data Infographics Report Squamish

Custom real estate infographics published by myRealPage.com

February brings balance to Metro Vancouver’s housing market

After a 46 per cent year-over-year increase of new listings in January, the number of newly listed properties on the MLS® in Metro Vancouver rose more moderately in February helping keep market conditions in balanced territory.

The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 1,827 on Metro Vancouver’s Multiple Listing Service® (MLS®) in February 2025, an 11.7 per cent decrease from the 2,070 sales recorded in February 2024. This total was 28.9 per cent below the 10-year seasonal average (2,571).

“After the rush of new listings in January, home sales and new listings in February were closer to historical averages, which has positioned the overall market in balanced conditions. With a potential Bank of Canada rate cut on the table for mid-March, homebuyers may find slightly improved borrowing conditions while enjoying the largest selection of homes on the market since pre-pandemic times.”

Read the full report on the REBGV website!

The following data is a comparison between February 2025 and February 2024 numbers, and is current as of March of 2025. For last month’s update, you can check out our previous post!

Or follow this link for all our GVR Infographics!

These infographics cover current trends in several areas within the Greater Vancouver region. Click on the images for a larger view!

Printable Version – GVR February 2025 Data Infographic Report North Vancouver

Printable Version – GVR February 2025 Data Infographics Report West Vancouver

Printable Version – GVR February 2025 Data Infographics Report Vancouver West

Printable Version – GVR February 2025 Data Infographics Report Vancouver East

Printable Version – GVR February 2025 Data Infographic Report Maple Ridge

Printable Version – GVR February 2025 Data Infographics Report Pitt Meadows

Printable Version – GVR January 2025 Data Infographics Report Port Coquitlam

Printable Version – GVR February 2025 Data Infographics Report Coquitlam

Printable Version – GVR February 2025 Data Infographic Report Burnaby North

Printable Version – GVR February 2025 Data Infographics Report Burnaby South

Printable Version – GVR February 2025 Data Infographics Report Burnaby East

Printable Version – GVR February 2025 Data Infographics Report New Westminster

Printable Version – GVR February 2025 Data Infographics Report Richmond

Printable Version – GVR February 2025 Data Infographics Report Squamish

Custom real estate infographics published by myRealPage.com

Home sellers off to an active start in 2025

Homes newly listed on the MLS® in Metro Vancouver* rose 46 per cent year-over-year in January, as sellers appear eager to enter the market to start the year.

The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 1,552 in January 2025, an 8.8 per cent increase from the 1,427 sales recorded in January 2024. This was 11.3 per cent below the 10-year seasonal average (1,749).

“In the three months preceding January, we’ve watched buyer demand gain momentum, but it appears that momentum is now shifting toward sellers to start the new year. Even with this increase in new listing activity, sales continue to outpace last years’ figures, signaling some buyer appetite remains after the upswing that finished off 2024.” Andrew Lis, GVR director of economics and data analytics

Read the full report on the REBGV website!

The following data is a comparison between January 2025 and January 2024 numbers, and is current as of February of 2025. For last month’s update, you can check out our previous post!

Or follow this link for all our GVR Infographics!

These infographics cover current trends in several areas within the Greater Vancouver region. Click on the images for a larger view!

Printable Version – GVR January 2025 Data Infographic Report North Vancouver

Printable Version – GVR January 2025 Data Infographics Report West Vancouver

Printable Version – GVR January 2025 Data Infographics Report Vancouver West

Printable Version – GVR January 2025 Data Infographics Report Vancouver East

Printable Version – GVR January 2025 Data Infographic Report Maple Ridge

Printable Version – GVR January 2025 Data Infographics Report Pitt Meadows

Printable Version – GVR January 2025 Data Infographics Report Port Coquitlam

Printable Version – GVR January 2025 Data Infographics Report Coquitlam

Printable Version – GVR January 2025 Data Infographic Report Burnaby North

Printable Version – GVR January 2025 Data Infographics Report Burnaby South

Printable Version – GVR January 2025 Data Infographics Report Burnaby East

Printable Version – GVR January 2025 Data Infographics Report New Westminster

Printable Version – GVR January 2025 Data Infographics Report Richmond

Printable Version – GVR January 2025 Data Infographics Report Squamish

Custom real estate infographics published by myRealPage.com

Home sales register a strong finish to cap off 2024

Home sales registered on the Multiple Listing Service® (MLS®) in Metro Vancouver1 rose over thirty per cent in December, compared to the previous year, signalling strengthening demand-side momentum to close out 2024.

The Greater Vancouver REALTORS® (GVR)2 reports that residential sales in the region totalled 26,561 in 2024, a 1.2 per cent increase from the 26,249 sales recorded in 2023, and a 9.2 per cent decrease from the 29,261 sales in 2022.

Last year’s sales total was 20.9 per cent below the 10-year annual sales average (33,559).

“Looking back on 2024, it could best be described as a pivot year for the market after experiencing such dramatic increases in mortgage rates in the preceding years. With borrowing costs now firmly on the decline, buyers have started to show up in numbers after somewhat of a hiatus – and this renewed strength is now clearly visible in the more recent monthly data.” Andrew Lis, GVR director of economics and data analytics

Read the full report on the REBGV website!

The following data is a comparison between December 2024 and December 2023 numbers, and is current as of January of 2025. For last month’s update, you can check out our previous post!

Or follow this link for all our GVR Infographics!

These infographics cover current trends in several areas within the Greater Vancouver region. Click on the images for a larger view!

Printable Version – GVR December 2024 Data Infographic Report North Vancouver

Printable Version – GVR December 2024 Data Infographics Report West Vancouver

Printable Version – GVR December 2024 Data Infographics Report Vancouver West

Printable Version – GVR December 2024 Data Infographics Report Vancouver East

Printable Version – GVR December 2024 Data Infographic Report Maple Ridge

Printable Version – GVR December 2024 Data Infographics Report Pitt Meadows

Printable Version – GVR December 2024 Data Infographics Report Port Coquitlam

Printable Version – GVR December 2024 Data Infographics Report Coquitlam

Printable Version – GVR December 2024 Data Infographic Report Burnaby North

Printable Version – GVR December 2024 Data Infographics Report Burnaby South

Printable Version – GVR December 2024 Data Infographics Report Burnaby East

Printable Version – GVR December 2024 Data Infographics Report New Westminster

Printable Version – GVR December 2024 Data Infographics Report Richmond

Printable Version – GVR December 2024 Data Infographics Report Squamish

Custom real estate infographics published by myRealPage.com

Home buyer demand continues to strengthen in November

Home sales registered in the MLS® in the Metro Vancouver market rose 28 percent year-over-year in November, building on the momentum of the 30 percent year-over-year increase seen in October.

The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 2,181 in November 2024, a 28.1 per cent increase from the 1,702 sales recorded in November 2023. This was 12.8 per cent below the 10-year seasonal average (2,500).

“When we saw demand pick up in October, there was still a question over whether it was a blip in the data or the start of an emerging trend. While the November market isn’t quite a Cyber Monday door-crasher, buyers are continuing to take advantage of the relatively balanced market conditions while they last.” Andrew Lis, GVR director of economics and data analytics

Read the full report on the REBGV website!

The following data is a comparison between November 2024 and November 2023 numbers, and is current as of December 2024. For last month’s update, you can check out our previous post!

Or follow this link for all our GVR Infographics!

These infographics cover current trends in several areas within the Greater Vancouver region. Click on the images for a larger view!

Printable Version – GVR November 2024 Data Infographic Report North Vancouver

Printable Version – GVR November 2024 Data Infographics Report West Vancouver

Printable Version – GVR November 2024 Data Infographics Report Vancouver West

Printable Version – GVR November 2024 Data Infographics Report Vancouver East

Printable Version – GVR November 2024 Data Infographic Report Maple Ridge

Printable Version – GVR November 2024 Data Infographics Report Pitt Meadows

Printable Version – GVR November 2024 Data Infographics Report Port Coquitlam

Printable Version – GVR November 2024 Data Infographics Report Coquitlam

Printable Version – GVR November 2024 Data Infographic Report Burnaby North

Printable Version – GVR November 2024 Data Infographics Report Burnaby South

Printable Version – GVR November 2024 Data Infographics Report Burnaby East

Printable Version – GVR November 2024 Data Infographics Report New Westminster

Printable Version – GVR November 2024 Data Infographics Report Richmond

Printable Version – GVR November 2024 Data Infographics Report Squamish

Custom real estate infographics published by myRealPage.com

Buyer demand surges in October

After months of tracking approximately twenty per cent below the ten-year seasonal average, Metro Vancouver home sales surged more than 30 per cent year-over-year in October.

The Greater Vancouver REALTORS® (GVR) reports that residential sales registered on the Multiple Listing Service® (MLS®) in the region totalled 2,632 in October 2024, a 31.9 per cent increase from the 1,996 sales recorded in October 2023. This was 5.5 per cent below the 10-year seasonal average (2,784).

“Typically, reductions to mortgage rates boost demand, and the strong October sales numbers suggest buyers may finally be responding to lower borrowing costs after waiting on the sidelines for months. To some market watchers, this rebound may come as a surprise, but with four consecutive rate cuts from the Bank of Canada – and more likely to come on the horizon – it was only a matter of time until signs of renewed strength in demand showed up.” Andrew Lis, GVR director of economics and data analytics

Read the full report on the REBGV website!

The following data is a comparison between October 2024 and October 2023 numbers, and is current as of November 2024. For last month’s update, you can check out our previous post!

Or follow this link for all our GVR Infographics!

These infographics cover current trends in several areas within the Greater Vancouver region. Click on the images for a larger view!

Printable Version – GVR October 2024 Data Infographic Report North Vancouver

Printable Version – GVR October 2024 Data Infographics Report West Vancouver

Printable Version – GVR October 2024 Data Infographics Report Vancouver West

Printable Version – GVR October 2024 Data Infographics Report Vancouver East

Printable Version – GVR October 2024 Data Infographic Report Maple Ridge

Printable Version – GVR October 2024 Data Infographics Report Pitt Meadows

Printable Version – GVR October 2024 Data Infographics Report Port Coquitlam

Printable Version – GVR October 2024 Data Infographics Report Coquitlam

Printable Version – GVR October 2024 Data Infographic Report Burnaby North

Printable Version – GVR October 2024 Data Infographics Report Burnaby South

Printable Version – GVR October 2024 Data Infographics Report Burnaby East

Printable Version – GVR October 2024 Data Infographics Report New Westminster

Printable Version – GVR October 2024 Data Infographics Report Richmond

Printable Version – GVR October 2024 Data Infographics Report Squamish

Custom real estate infographics published by myRealPage.com

Buyers remain cautious to begin the fall market

Home sales registered on the MLS® in Metro Vancouver declined 3.8 per cent year over year in September, suggesting recent reductions in borrowing costs are having a limited effect in spurring demand so far.

Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 1,852 in September 2024, a 3.8 per cent decrease from the 1,926 sales recorded in September 2023. This was 26 per cent below the 10-year seasonal average (2,502).

“Real estate watchers have been monitoring the data for signs of renewed strength in demand in response to recent mortgage rate reductions, but the September figures don’t offer the signal that many are watching for.

Sales continue trending roughly 25 per cent below the ten-year seasonal average in the region, which, believe it or not, is a trend that has been in place for a few years now. With the September data, sales are now tracking slightly below our forecast however, but we remain optimistic sales will still end 2024 higher than 2023” Andrew Lis, GVR director of economics and data analytics

Read the full report on the REBGV website!

The following data is a comparison between September 2024 and September 2023 numbers, and is current as of October 2024. For last month’s update, you can check out our previous post!

Or follow this link for all our GVR Infographics!

These infographics cover current trends in several areas within the Greater Vancouver region. Click on the images for a larger view!

Printable Version – GVR September 2024 Data Infographic Report North Vancouver

Printable Version – GVR September 2024 Data Infographics Report West Vancouver

Printable Version – GVR September 2024 Data Infographics Report Vancouver West

Printable Version – GVR September 2024 Data Infographics Report Vancouver East

Printable Version – GVR September 2024 Data Infographic Report Maple Ridge

Printable Version – GVR September 2024 Data Infographics Report Pitt Meadows

Printable Version – GVR September 2024 Data Infographics Report Port Coquitlam

Printable Version – GVR September 2024 Data Infographics Report Coquitlam

Printable Version – GVR September 2024 Data Infographic Report Burnaby North

Printable Version – GVR September 2024 Data Infographics Report Burnaby South

Printable Version – GVR September 2024 Data Infographics Report Burnaby East

Printable Version – GVR September 2024 Data Infographics Report New Westminster

Printable Version – GVR September 2024 Data Infographics Report Richmond

Printable Version – GVR September 2024 Data Infographics Report Squamish

Custom real estate infographics published by myRealPage.com

Sellers await buyers’ return after quieter summer market

Home sales registered on the MLS® in Metro Vancouver remained below their ten-year seasonal averages in August as summer holidays come to a close.

Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 1,904 in August 2024, a 17.1 per cent decrease from the 2,296 sales recorded in August 2023. This total was also 26 per cent below the 10-year seasonal average (2,572).

“From a seasonal perspective, August is typically a slower month for sales than June or July. In this respect, this August has been no different. With that said, sales remain in a holding pattern, trending roughly 20 per cent below their 10-year seasonal average, which suggests buyers are still feeling the pinch of higher borrowing costs, despite two recent quarter percentage point reductions to the policy rate this summer.” Andrew Lis, GVR director of economics and data analytics

Read the full report on the REBGV website!

The following data is a comparison between August 2024 and August 2023 numbers, and is current as of September 2024. For last month’s update, you can check out our previous post!

Or follow this link for all our GVR Infographics!

These infographics cover current trends in several areas within the Greater Vancouver region. Click on the images for a larger view!

Printable Version – GVR August 2024 Data Infographic Report North Vancouver

Printable Version – GVR August 2024 Data Infographics Report West Vancouver

Printable Version – GVR August 2024 Data Infographics Report Vancouver West

Printable Version – GVR August 2024 Data Infographics Report Vancouver East

Printable Version – GVR August 2024 Data Infographic Report Maple Ridge

Printable Version – GVR August 2024 Data Infographics Report Pitt Meadows

Printable Version – GVR August 2024 Data Infographics Report Port Coquitlam

Printable Version – GVR August 2024 Data Infographics Report Coquitlam

Printable Version – GVR August 2024 Data Infographic Report Burnaby North

Printable Version – GVR August 2024 Data Infographics Report Burnaby South

Printable Version – GVR August 2024 Data Infographics Report Burnaby East

Printable Version – GVR August 2024 Data Infographics Report New Westminster

Printable Version – GVR August 2024 Data Infographics Report Richmond

Printable Version – GVR August 2024 Data Infographics Report Squamish

Custom real estate infographics published by myRealPage.com

Market shifting in buyers’ favour, though hesitation remains

Metro Vancouver home sales registered on the MLS® remained below seasonal and historical averages in June. With reduced competition among buyers, inventory has continued to accumulate to levels not seen since the spring of 2019.

The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 2,418 in June 2024, a 19.1 per cent decrease from the 2,988 sales recorded in June 2023. This was 23.6 per cent below the 10-year seasonal average (3,166).

“The June data continued a trend we’ve been watching where buyers appear hesitant to transact in volumes we consider typical for this time of year, while sellers remain keen to bring their properties to market.” Andrew Lis, GVR director of economics and data analytics

Read the full report on the REBGV website!

The following data is a comparison between July 2024 and July 2023 numbers, and is current as of August 2024. For last month’s update, you can check out our previous post!

Or follow this link for all our GVR Infographics!

These infographics cover current trends in several areas within the Greater Vancouver region. Click on the images for a larger view!

Printable Version – GVR July 2024 Data Infographic Report North Vancouver

Printable Version – GVR July 2024 Data Infographics Report West Vancouver

Printable Version – GVR July 2024 Data Infographics Report Vancouver West

Printable Version – GVR July 2024 Data Infographics Report Vancouver East

Printable Version – GVR July 2024 Data Infographic Report Maple Ridge

Printable Version – GVR July 2024 Data Infographics Report Pitt Meadows

Printable Version – GVR July 2024 Data Infographics Report Port Coquitlam

Printable Version – GVR July 2024 Data Infographics Report Coquitlam

Printable Version – GVR July 2024 Data Infographic Report Burnaby North

Printable Version – GVR July 2024 Data Infographics Report Burnaby South

Printable Version – GVR July 2024 Data Infographics Report Burnaby East

Printable Version – GVR July 2024 Data Infographics Report New Westminster

Printable Version – GVR July 2024 Data Infographics Report Richmond

Printable Version – GVR July 2024 Data Infographics Report Squamish

Custom real estate infographics published by myRealPage.com