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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
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.