News: Vancouver Real Estate Market

A further interest rate cut from the Bank of Canada, combined with softer prices, pushed MLS® home sales in Metro Vancouver modestly above last September’s levels.

The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 1,875 in September 2025, a 1.2% increase from the 1,852 sales recorded in September 2024. This was 20.1% below the 10-year seasonal average (2,348). 

"With another cut to Bank of Canada’s policy rate behind us, and markets pricing in at least one more...

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Easing prices brought more Metro Vancouver homebuyers off the sidelines in August, with home sales on the MLS® up nearly 3% from August last year. 

The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 1,959 in August 2025, a 2.9% increase from the 1,904 sales recorded in August 2024. This was 19.2% below the 10-year seasonal average (2,424). 

“The August sales figures add further confirmation that sales activity across Metro Vancouver appears to...

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VANCOUVER - August 5, 2025 - Home sales registered on the MLS® across Metro Vancouver in July extended the early signs of recovery that emerged in June, now down just two per cent from July of last year. 

The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 2,286 in July 2025, a 2% decrease from the 2,333 sales recorded in July 2024. This was 13.9% below the 10-year seasonal average (2,656).  

“The June data showed early signs of sales activity...

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VANCOUVER, BC – July 3, 2025 – Following a turbulent first half of the year, MLS®-registered home sales across Metro Vancouver are beginning to show signs of recovery—down 10% year-over-year, a notable improvement from last month’s 20% decline.

The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 2,181 in June 2025, a 9.8% decrease from the 2,418 sales recorded in June 2024. This was 25.8% below the 10-year seasonal average (2,940).

"On a trended basis, signs are...

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