Ralph Tsai
RE/MAX Heights Realty

Real Time Housing Market Activity

房市動態

Home sellers off to an active start in 2025

Metro Vancouver's housing market kicked off 2025 with more action from both buyers and sellers. January saw 1,552 home sales, an 8.8% jump from last year, but still below the 10-year average.  

More homes hit the market, with 5,566 new listings, a huge 46.9% increase over January 2024. This pushed total active listings up by 33.1%, giving buyers more choices than usual.  

Home prices stayed pretty steady:  

- Detached homes: $2,005,400 ↑

- Townhouses: $1,105,600 ↑

- Condos: $748,100 ↓

The sales-to-active listings ratio was 14.1%, meaning the market was balanced—not overly favouring buyers or sellers. Detached homes were a bit softer (9.2%), while townhomes (18.5%) and condos (16.5%) saw more demand.  

Bottom line? Sellers came out strong, but buyers were still active. Prices didn’t move much, and the market felt more balanced than last year.

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