DonKennedyRealtor.com

Attached please find the latest statistics from Greater Vancouver Realtors.   The News Release lists some key distractions in October, like a litany of elections and an interest rate hike, which may have contributed to extending the lethargy in Vancouver’s Real Estate Market. With another rate hike possible this year, there is speculation that Buyer activity may pick up as people approved at lower rates decide to take advantage of them before the holding period runs out. Sales of attached, detached and apartments in Metro Vancouver are down 10.2 percent last month compared to October 2025. Year to year newly listed properties are down 11.6 percent. Total inventory this October is 4.3 percent lower than last October. The composite value of all properties declines 5.2 percent October to October.   The graph shows a 4.4 percent rise from September to October for the average price of Metro Vancouver detached properties. The benchmark price for houses in October 2026 is 7 percent below the previous October. Year to year the volume of detached home sales drops 7.2 percent.   Last month versus October 2025, Vancouver west detached prices are nine percent lower. West side house sales dip 4.4 percent year to year. Inventory is up 13.2 percent this October compared to the previous October.   From September to October west side house sales jump 38.3 percent. Month to month detached inventory declines 15.2 perce...Click here to read more detail about 'VANCOUVER WEST OCTOBER HOUSE MAR...'