VANCOUVER WEST OCTOBER APARTMENT 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 0.4 percent uptick from September to October for the average condominium sale price in Metro Vancouver. This October compared to last October, the overall benchmark price of an apartment is down 5.1 percent. Year to year the volume of condo sales falls 23.1 percent.
October 2025 versus the previous October, the benchmark price for west side condos is 5.4 percent lower. Vancouver west apartment sales are down 21 percent October to October. Year to year west side apartment inventory is 16 percent lower.
From September to October, Vancouver west apartment sale jump 20 percent. Month to month west side condo inventory declines 19.8 percent.