Vancouver Home Sales Continue to Slide Amid Trade War Concerns

In April 2025, Vancouver’s home sales fell 23.6% year-over-year and were nearly 28% below the 10-year seasonal average. Despite falling borrowing costs, buyers remain hesitant due to ongoing economic uncertainty and trade tensions.

Active listings reached 16,207—the highest since 2019—while new listings totalled 6,850, slightly down from last year. Prices stayed relatively stable:

• Composite benchmark price: $1,184,500 (down 0.5% from last month, down 1.8% year-over-year)

• Detached homes: $2,021,800, sales down 29%

• Townhomes: $1,102,300, sales down 23.8%

• Condos: $762,800, sales down 20.2%

The sales-to-active listings ratio fell to 13.8%, signalling a buyer’s market.

Experts say the current climate, with stable prices, high inventory, and low borrowing costs, could offer good opportunities for well-prepared buyers.