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Blog by Don Kennedy

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VANCOUVER EAST OCTOBER HOUSE MARKET

Attached please find the latest statistics from Greater Vancouver Realtors.

 

The News Release for October is less optimistic than in other recent months. Although inventory levels are declining, sales last month proved to be sluggish despite a fourth cut in interest rates by the Bank of Canada. With prices receding, conditions for buyers have not been more favourable all year. This October recorded a 14.3 percent decrease in residential sales compared to last October. Year to year newly listed properties are down 0.3 percent while last month’s total inventory is 13.2 percent higher than October 2024. The composite value of all properties is 3.4 percent lower October to October.

 

The graph shows a 1.5 percent dip from September to October for the average price of Metro Vancouver detached properties. The benchmark price for houses in October 2025 is 4.3 percent below the previous October. Year to year the volume of detached home sales goes down 4.3 percent.

 

October 2025 east side house prices are 7.5 percent below those of the previous October. Year over year Vancouver east detached sales rise 13.6 percent. October to October east side inventory is up 1.6 percent.

 

From September to October east side house sales shoot up 62.5 percent. Month to month east side inventory falls 13.3 percent.

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