Vancouver area saw least home sales in more than two decades in 2025: board
Business Intelligence for B.C.
AI Article Summary
Home sales in Greater Vancouver decreased by 12.9% in December on a year-over-year basis, marking the region's lowest annual sales total in more than twenty years. The data highlights a significant slowdown in the Vancouver housing market throughout 2025.
What This Means for Canadian Contractors
For Canadian builders, this means a potentially reduced demand for new residential construction projects in the Greater Vancouver area due to lower home sales. Builders might face adjustments in project timelines and demand for labor and prefab materials. Additionally, lenders may become more conservative in providing funding for new housing developments.
