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Source: Greater Vancouver REALTORS®
Our latest GVR Economics 2025 housing market forecast anticipates improved momentum, primarily driven by lower borrowing costs.
Sales are expected to continue building on late-2024 momentum, stabilizing in line with historical norms by mid-year, while prices are projected to rise moderately, supported by lower interest rates and tighter inventory levels.
Key highlights
Fundamental factors that drive our market such as household formation, population growth, and employment growth will remain fairly strong.
Lower borrowing costs are likely to further spur homebuyer demand.
Inventory levels for each market segment will play the deciding role as to whether prices appreciate or hold steady in 2025.
Click on the PDF below to view the GVR H1 forecast.
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