Vancouver Real Estate Market Update – Q4 2025 Outlook

Vancouver Real Estate Market Update – Q4 2025 Outlook

Introduction
As we move into the final quarter of 2025, Vancouver’s housing market is at a fascinating crossroads. After two years of rate hikes, we’re finally seeing some easing from the Bank of Canada, and with it, cautious optimism from buyers and sellers. Let’s break down where the market stands, what’s driving it, and what to watch as we head toward 2026.

1. Market Snapshot

• Detached homes: Prices have stabilized, with West Side sales volume creeping up ~7% compared to last quarter.

• Condos: Activity remains steady in Kitsilano, Fairview, and Mount Pleasant, though pricing is still under pressure from higher inventory.

• Luxury segment: West Vancouver and Coal Harbour luxury properties continue to attract international buyers, particularly from Europe and California.

2. Drivers Shaping Q4

• Interest rates: After the September rate cut, borrowing conditions are improving. Buyers who were waiting on the sidelines are re-engaging.

• Supply: New listings are climbing, but absorption rates suggest balanced conditions rather than a buyer’s market.

• Global factors: Offshore demand is returning, albeit selectively, focused on trophy properties and lifestyle-driven locations.

3. What Buyers Should Know

• Expect more competition in the under-$2M condo market.

• Multiplex zoning continues to reshape buying opportunities in established neighbourhoods.

• Pre-approval is more important than ever — sellers want certainty.

4. What Sellers Should Know

• Pricing with precision is key — overpricing by even 5% risks sitting stale.

• Homes with outdoor space (rooftops, decks, yards) are commanding premium interest.

• Presentation matters: staging, professional photos, and strong digital marketing are separating the winners from the rest.

Conclusion
Q4 2025 is about measured momentum. Buyers are re-emerging, sellers who price smartly are rewarded, and we’re heading into 2026 with more confidence than we’ve seen in two years.