Vancouver area saw fewest home sales in more than two decades in 2025: board
Business Intelligence for B.C.
AI Article Summary
In December 2025, home sales in Greater Vancouver fell by 12.9% compared to the previous year. This decline capped a year marked by the region's lowest annual sales total in over two decades. The data highlights a significant slowdown in the residential real estate market in the area.
What This Means for Canadian Contractors
For Canadian builders, this decline in home sales signifies potential delays and reductions in residential construction projects. Builders may face fewer permit issuances, impacting project planning and timelines. Additionally, decreased sales could affect funding and investment in new housing developments.
