Metro Vancouver’s housing market saw a surge in new listings in January 2025, with a 46.9% year-over-year increase, reaching 5,566 properties. Total active listings rose 33.1% to 11,494. Residential sales increased 8.8% to 1,552 but remained below the 10-year average. The sales-to-active listings ratio stood at 14.1%, indicating balanced market conditions.
Prices showed little change, with the MLS® Home Price Index benchmark at $1,173,000, a 0.5% annual increase. Detached home prices rose 3.1% to $2,005,400, while apartment prices declined 1.7% to $748,100. Attached home prices increased 2.7% to $1,105,600. Future market conditions may be influenced by economic factors, including potential U.S. tariffs.
