Greater Vancouver Market Update   Here  

Metro Vancouver Market Update      Here

Fraser Valley Market Update               Here

Detached Monthly Variance                 Here

Attached Monthly Variance                  Here

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Metro Vancouver Real Estate: A Market of Opportunity for Both Buyers and Sellers

October 2025 brought a quieter pace to the Metro Vancouver housing market — a natural seasonal slowdown that has created the most balanced conditions we’ve seen all year.

Market Overview

Home sales across Metro Vancouver reached 2,255 in October, about 14% below last year’s levels and slightly under the 10-year average. Inventory, meanwhile, continued to build — with over 16,000 homes now available, marking a healthy 36% above the long-term seasonal norm.

Even after the Bank of Canada’s fourth rate cut this year, many buyers are still waiting on the sidelines — which means less competition and more negotiating power for those ready to act this fall.

Prices and Conditions

The sales-to-active listings ratio for October was 14.2%, well within balanced territory. Prices have adjusted modestly, with the composite benchmark now at $1,132,500, down just 0.8% month-over-month and 3.4% year-over-year — offering welcome breathing room for buyers after years of rapid appreciation.

• Detached Homes: Benchmark $1,916,400 (-4.3% YoY)

• Townhomes: Benchmark $1,066,700 (-3.8% YoY)

• Apartments: Benchmark $718,900 (-5.1% YoY)

Why This Is Positive

• For Buyers:
  More choice, fewer bidding wars, and softening prices mean a chance to purchase thoughtfully and negotiate favourable terms. With interest rates expected to remain stable through 2025, buyers can shop with confidence knowing conditions are unlikely to tighten suddenly.

• For Sellers:
  Despite slower sales, homes that are well-priced and well-presented continue to move. With inventory starting to ease slightly since summer, sellers who position their listings strategically can still attract qualified, motivated buyers looking to lock in before year-end.

The Bottom Line

After several years of rapid change, Metro Vancouver’s housing market has settled into a healthier balance. For serious buyers and sellers, this period represents a window of opportunity — a time to make moves guided by strategy, not urgency.

Rob Britch | RE/MAX Select Realty
📞 604-240-5813 ✉️ rob@robbritch.com 🌐 robbritch.com
Metro Vancouver Realtor® | 32+ Years of Experience