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...

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...

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...

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...