Vancouver East Detached Report
Vancouver East Attached Report
Vancouver East Apartment Report
Vancouver West Detached Report
Vancouver West Attached Report
Vancouver West Apartment Report
Metro Vancouver Homes Full Report
More Choice. Softer Prices. Smarter Opportunities.
Today's Metro Vancouver market gives buyers something they haven't had in years: leverage.
There are 15,798 homes listed for sale across the region, 26.2 % above the 10-year seasonal average, so buyers can compare options and take their time. Prices have eased too. The composite benchmark price is now $1,081,900, down 5.6 % from last August, with detached homes down 7.2 %, apartments down 6.6 %, and townhouses down 4.4 %.
With a sales-to-active listings ratio of 12.3 %, and detached homes at just 9.6 %, the market is tilting in buyers' favour, and many are still waiting on the sidelines.
Greater Vancouver REALTORS® chief economist Andrew Lis describes ample selection, softening prices and stable mortgage rates as favourable buying conditions. For buyers who are ready to act, that means less competition, more room to negotiate, and a chance to buy on their own terms before the rest of the market returns.
For buyers and sellers alike, a changing market can create opportunity — the key is knowing how to take advantage of it.
34+ years of experience. One goal: Helping You Make the Right Move.
Rob Britch REMAX Select Realty 604-240-5813
The above information is provided by members of the BC Northern Real Estate Board, Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® (“the Boards”) and is from sources believed reliable but should not be relied upon without verification. The Boards assume no responsibility for its accuracy.
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.
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