Vancouver Real Estate Podcast VREP #499 | Vancouver Real Estate 2025: Reviewing The Year Of Reckoning With Adam & Matt Scalena
Dec 19, 2025
A brisk year-end market recap that digs into a deep sales slowdown, record-high inventory and gradual price compression. They explain a luxury-led correction reshaping values across neighborhoods and why townhomes held up while one-bed condos faltered. Regional winners like Whistler and Bowen Island get attention, along with stark divergence between Kitsilano and South Burnaby.
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Deep Volume Slowdown
- 2025 was a deep volume slowdown with sales 16.6% below the five-year average across property types.
- All property types underperformed, marking one of the weakest transaction years in decades.
Record High Inventory Pressure
- Inventory stayed elevated all year with active listings up 14.4% year-over-year and 36% above the 10-year November average.
- Supply built while demand remained soft, creating a buyer's market with lots of selection.
Controlled Price Compression
- Pricing showed controlled downward pressure rather than a crash, with composite HPI down 3.9% year-over-year.
- Detached, condos, and townhomes fell modestly, signaling market resiliency amid declines.