GVR’s 2025 H1Residential Market Forecast: Strong Year in 2025 for the Real Estate Market
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 factors: 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.
If you’d like to obtain a full report (9 pages), please contact Eva Li.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.