Happy New Year!

New year brings on a fresh start, new goals, new aspirations, and renewed hope.  Even though January 1st is essentially just another day, it seems to bring a revived energy and positive outlook into the year.

I’m excited for 2026 and for all it’ll bring!  I’m looking forward to making more memories, to helping more clients, and doing more things that joy into my life.

Wish you an amazing year too!
IDA

Click on the image below for a glimpse in to 2025

2025 saw the lowest annual real estate sales in over two decades.

The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 23,800 in 2025, a 10.4% decrease from the 26,561 sales recorded in 2024, and a 9.3% decrease from the 26,249 sales in 2023.

“This year was one for the history books,” said Andrew Lis, GVR’s chief economist and vice president, data analytics. “Although the sales total was the lowest in over two decades, Realtors were still busy listing properties. Sellers brought the highest total of listings to market on record since the mid-1990s, eclipsing the previous record high in 2008 by a little over 1,000 listings.” Properties listed on the MLS® in Metro Vancouver totalled 65,335 in 2025. This represents an 8.2% increase compared to the 60,388 properties listed in 2024. This was 28.4% above the 50,893 properties listed in 2023.

“With sales down and inventory remaining plentiful, prices eased across all property types since the start of 2025. Sales and prices weren’t the only metrics that came down, borrowing costs fell nearly one full percentage point,” said Lis. “With lower prices, lower borrowing costs, and plenty of inventory to choose from, homebuyers in 2026 are starting the year with favourable conditions. Whether these conditions translate into a market with stronger demand will be the million-dollar question – and we’ll be monitoring this story closely as it unfolds.”

*Areas covered by the GVR (Greater Vancouver Realtors) include: Burnaby, Coquitlam, Maple Ridge, New Westminster, North Vancouver, Pitt Meadows, Port Coquitlam, Port Moody, Richmond, South Delta, Squamish, Sunshine Coast, Vancouver, West Vancouver, and Whistler.

Are you wanting to purchase real estate? Do you have a property you’d like to sell?
Are you looking for more detailed market information?