VANCOUVER WEST May TOWNHOME MARKET
Attached please find the latest statistics from Greater Vancouver Realtors.
The News Release, after the activity recorded in May, is not exceedingly optimistic but there is the expectation of an orderly market through the summer, with values staying flat. Detached sales remain the bright spot of all sectors, yet not robust enough to cause upward pressure on prices. Meantime slow sales of apartments result in an overall average decline in value last month versus the previous May. This May saw a 3.5 percent decrease in residential sales compared to last May. Year to year newly listed properties are down 7.6 percent. Total inventory this May is one percent lower than May 2025. The composite value of all properties is 6.2 percent lower May to May.
From April to May the graph shows a two percent rise in prices for attached units in Metro Vancouver. Last month compared to May 2025, the benchmark townhouse price is down 5.1 percent. Year to year townhouse sales volume decreases 1.3 percent.
Vancouver west townhouse prices are down 5.6 percent from May to May. Year to Year, attached unit sales recede 3.1 percent. This May versus last May townhome inventory is 8.4 percent higher.
From April to May Vancouver west attached property sales are up 16.4 percent. West side attached inventory fall 10.4 percent month to month.