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More Homes, Better Prices: October Opens the Door for Vancouver Buyers

More Homes, Better Prices: October Opens the Door for Vancouver Buyers

Vancouver East Detached Report       Learn More

Vancouver East Attached Report         Learn More

Vancouver East Apartment Report      Learn More 

Vancouver West Detached Report       Learn More

Vancouver West Attached Report        Learn More

Vancouver West Apartment Report     Learn More

Metro Vancouver Full Report                  Learn More

October 2026 Metro Vancouver Market Summary

Buyer's choice: lower prices and plenty of homes to pick from

October gave Metro Vancouver buyers room to breathe. The composite benchmark price is $1,068,600, down 5.2% from a year ago.  There are 15,688 homes for sale, 24% above the 10-year average for October.  A surprise Bank of Canada rate hike and a snap provincial election kept many people on the sidelines. Sales fell 10.2% from last year to 2,024, and new listings dropped 11.6% to 4,805

        Property Type     Benchmark Price     1-year change

        Detached              $1,775,200                   -7%

        Townhouse           $1,006,500                 -5.5%

        Apartment             $673,400                    -5.9%

Townhouses and other attached homes were the steadiest segment, with sales nearly flat year over year. West Vancouver, Squamish and Whistler bucked the trend with monthly price gains.  The takeaway: buyers have more choice and more negotiating room than they've had in years. Some may move soon to use mortgage rate holds before they expire. For sellers, pricing to the market is the key to standing out.                                                               

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.*

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