• fax: 1-866-743-3439
  • toll-free: 1-877-366-7327

Blog by Don Kennedy

<< back to article list

VANCOUVER WEST SEPTEMBER APARTMENT MARKET

Attached please find the latest statistics from Greater Vancouver Realtors.

 

The News Release has welcome talk of negative policy and political impacts on Vancouver Real Estate in recent years now fading. Of prime importance is the interest rate which has eased a lot and is expected to be reduced again this fall. More purchasing power, lower prices and high inventory provide conditions very favourable for Buyers. Stabilizing market activity for the rest of the year is the current expectation. This September recorded a 1.2 percent increase in residential sales compared to last September. Year to year newly listed properties are up 6.2 percent while last month’s total inventory is 14.4 percent higher than September 2024. The composite value of all properties is 3.2 percent lower September to September.

 

The graph shows a 6.2 percent decline from August to September for the average condominium sale price in Metro Vancouver. This September compared to last September, the overall benchmark price of an apartment sees a 0.8 percent dip. Year to year the volume of condo sales rises 1.5 percent.

 

September 2025 versus the previous September, the benchmark price for west side condos is 4.1 percent lower. Vancouver west apartment sales improve by 12.5 percent September to September. Year to year west side apartment inventory is down 3.9 percent.

 

From August to September, Vancouver west apartment sales fall 17 percent. Month to month west side condo inventory balloons 67.7 percent.

Archives