How Is Vancouver’s Condo Market Performing in Mid-Fall 2025?

Vancouver’s condo market is slowing, with low margins, rising inventory, and paused projects.
Stronger developers are holding steady or taking on low-margin work, while weaker ones are selling assets and cutting staff.
Some builders are shifting to rentals or buying distressed projects, but most say it’s too early for a full rebound.
Population uncertainty, due to shifting immigration policy and potential population decline, is adding pressure.
Industrial, quality office, and grocery-anchored retail remain resilient as developers look for stability outside condos.