2025 Year-End Review

Forty-three years selling apartment buildings teaches you one thing above all else: the market always has more surprises in store

Andre Petterson, Habitus, 2019, 60 × 60 in. x (2), mixed media on panel

Welcome to Goodman Commercial’s 2025 Year-End Review – our annual deep-dive into the forces shaping the market: the deals that defined the year, the trends worth watching, and the opportunities most are still missing. Here’s what you’ll find inside:

  • Dollar volumes and transaction counts both posted double-digit declines compared to 2024, coming in well below 10-year averages.
  • Vancouver proper bucked the trend, recording more transactions than the prior year – though dollar volume slipped as fewer large-scale properties changed hands.
  • The suburbs told a different story, posting their lowest dollar volume in over a decade and their smallest share of regional activity in nearly two decades.
  • Uncertainty defined 2025 – tariffs, Aboriginal title rights, and shifting land use policies kept the market in a constant state of catch-up.
  • Goodman Commercial continued to expand its reach through speaking engagements, interviews, and national media coverage, including the launch of a new podcast. The results speak for themselves: in 2025, we sold twice as many multi-family properties in Metro Vancouver as the next closest team.

If 2025 taught us anything, it’s that this market rewards those who stay informed and move with conviction. As we head into 2026, that holds truer than ever.

As always, your feedback means a lot to us. Don’t hesitate to reach out – whether to discuss market trends, weigh in on policy shifts, or explore what opportunities might be right for you.

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