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Blog by Don Kennedy

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VANCOUVER WEST OCTOBER TOWNHOME MARKET

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.

 

From September to October the graph shows a 2.8 percent bump in prices for attached units in Metro Vancouver. Last month compared to October 2025, the benchmark townhouse price is down 5.5 percent. Year to year there is a 1.9 percent decrease in townhouse sales volume.

 

Vancouver west townhouse prices are down 5.7 percent from October to October. Year to Year attached unit sales rise 9.2 percent. This October versus last October townhome inventory is 6.8 percent lower.

 

From September to October Vancouver west attached property sales escalate 57.8 percent. West side attached inventory drops 19.5 percent month to month.

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