📊 Metro Vancouver Real Estate Market Update – September 2025
The fall market is shifting in buyers’ favour. Here are the highlights:
Sales: 1,875 homes sold in September — up 1.2% year-over-year, but still 20% below the 10-year average.
New Listings: 6,527, up 6.2% year-over-year and well above seasonal norms.
Active Listings: 17,079 homes for sale — a 14.4% jump from last year and the highest inventory in years.
Sales-to-Active Ratio: 11.3% overall (detached 8.5%, attached 12.7%, condos 13.3%). The market remains in balanced-to-buyer’s territory.
Prices: Benchmark home price fell 3.2% year-over-year and 0.7% month-over-month to $1,142,100.
Detached: $1,933,100 (↓4.4% YoY | ↓0.9% MoM)
Apartments: $728,800 (↓4.4% YoY | ↓0.8% MoM)
Townhomes: $1,069,800 (↓2.7% YoY | ↓0.9% MoM)
🏦 With Bank of Canada rate cuts and near-record inventory, buyers have more negotiating power this fall.