We may see all-time highs in total inventory for the spring and that will create very competitive environments for sellers, allowing buyers plenty of opportunities.
The Two Minute Market Update is intended to keep readers apprised of what’s going on in local real estate markets and in the global financial markets that affect real estate via inflation, interest rates, capital flows and public policy. It is best suited for those not able to keep up with all the news every day, but still wanting to be informed.
TMMU – Put A Bow On It, December 17th, 2025
See the most recent monthly statistics for Lynn Valley and North Vancouver real estate.
The better part of December (for real estate) is in the books and the numbers are looking like they will significantly underperform last year’s sales figures in all regions and property types. Prices are also continuing their downward trend, as seller’s have begun to price more aggressively to successfully sell their properties. Listing counts have been falling, but not as fast as one would expect for the time of year. There is likely to be a very large base from which listings will grow off in 2026. Adding to that will be the massive amount of inventory that was delisted in the past two years and will be trying again. We may see all-time highs in total inventory for the spring and that will create very competitive environments for sellers, allowing buyers plenty of opportunities.
Lynn Valley Entry-Level Houses ($1.4-2.1M) | All North Vancouver
Lynn Valley Move-Up Houses ($2.1M-2-8M) | All North Vancouver
There will need to be some kind of shock to employment in order for anything to change with the Bank of Canada’s current assessment. They view the current rate to be as low as necessary to stimulate borrowing and growth. While the most recent inflation reading came in at 2.2% and didn’t change their thoughts, the fact grocery prices are continuing to increase becomes a concern. Right now, bond traders are pricing in their expectations that the next move is a rate hike late in 2026. This is interesting, because when polled prospective home buyers state that they are waiting for rates to fall further before making a decision. The realization that rate cuts are not coming might be enough to get some of these people to pull the trigger, but they will need price to move closer to their affordability range.
Lynn Valley Townhouses | All North Vancouver
Lynn Valley Condos | All North Vancouver
Some stock markets recently made new highs (S&P 500, TSX), while others are hovering near previous highs (Nasdaq). 2026 is going to need to see earnings keeping pace with price gains and more specifically whether the AI-related infrastructure buildout and reshoring attempt starts to add to net earnings of major companies. Markets are overdue for a substantial correction, so any disappointment on those fronts could be enough cause to trigger a difficult market sometime next year.
Bitcoin is still attempting a comeback but runs into enough selling intensity to knock it backward anytime price starts moving higher. Best explanation for that is continued selling from long-time holders with a belief in a regular 4 year cycle having come to an end. Gold, Silver and Copper are finishing the year strong. Mining companies are in a merger and acquisition phase that has started to elevate stock prices of smaller mining explorers. Once upon a time, the mining industry was a big factor in Vancouver real estate pricing. Oil markets are vastly oversupplied, and peace talks in Ukraine are starting to show progress, pushing the price of oil below it’s recent range to $55.
Wishing everyone a Merry Christmas and Happy New Year! I’ll spend the better part of December (for family) focusing on what matters most and return with a market update in mid-January.
Matthew Stiles
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Disclaimer: The information provided in this column is for general informational purposes only and does not constitute financial, investment, or other professional advice. While I strive to provide accurate and up-to-date information, I make no warranties or representations as to its accuracy, completeness, or reliability. Any actions taken based on this information are at your own risk. Always consult with a qualified financial advisor before making any investment decisions.