News: Vancouver Real Estate MarketHousing Market Holds Firm with Few Late-Year Adjustments Metro Vancouver* home-sale trends observed in October continued in November, as sales registered on the MLS® remained lower than this time last year. The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 1,846 in November 2025, a 15.4% decrease from the 2,181 sales recorded in November 2024. This was 20.6% below the 10-year seasonal average (2,324). "As the year draws to a close, the data continues telling a story of a market with many buyers patiently... Buyers Gain the Upper Hand as Sales Slow and Inventory Rises in OctoberHome sales registered on the MLS® in Metro Vancouver* were 14% lower than last October, as the trend of slower sales and building inventory creates favourable conditions for those looking to buy in the fall market. The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 2,255 in October 2025, a 14.3% decrease from the 2,632 sales recorded in October 2024. This was 14.5% below the 10-year seasonal average (2,638). "October is typically the last month of the year... August Sales Climb as Home Prices Soften 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... July Market Update: Sales Momentum Builds 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... Despite the continued slowdown in market activity, national home prices close out 2023 above last year Royal LePage expects sidelined buyers to re-engage this quarter ahead of expected rate cuts by the Bank of Canada. National Summary National aggregate home price increased 4.3% year over year in Q4 2023; decreased 1.7% quarter over quarter. Aggregate home price in greater regions of Toronto, Montreal and Vancouver posted gains of 5.1%, 4.1% and 2.7% year over year, respectively, in final quarter of 2023. Among report’s major regions, Calgary recorded highest year over year price appreciation (10.7%);... LOW SUPPLY AND STEADY DEMAND BENEFITS HOME SELLERS
Posted in
Active Listings, Active MLS Listings, Apartment Sales, Attached House, Benchmark Price, Detached House, February 2020, Greater Vancouver, Home Owner, Housing Market Statistics, Market Statistics Real Estate, Metro Vancouver, MLS Listings, Real Estate Board of Greater Vancouver, Real Estate Sales, REBGV, Residential Homes, Townhouse For Sale, Vancouver BC Home Sales
The residential home sales in the region reached 2,150 in February 2020, a 44.9% increase when compared to the 1,484 sales that were recorded in February 2019, and a 36.9% increase from the 1,571 homes sold in January 2020 as reported by The Real Estate Board of Greater Vancouver (REBGV).
Last month's sales were 15.6% below the 10-year February sales average. "Home buyer demand again saw strong year-over-year increases in February while the total inventory of homes for sale struggled to keep pace,"... |
Royal LePage West Real Estate Services
©2017 David Reimers, Royal LePage West R.E.S. - All Rights Reserved
Powered by myRealPage
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.
