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Blog by Don Kennedy

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VANCOUVER WEST SEPTEMBER HOUSE 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 10.4 percent lift from August to September for the average price of Metro Vancouver detached properties. The benchmark price for houses in September 2025 is 4.4 percent below the previous September. Year to year the volume of detached home sales rises 7 percent.

 

Last month versus September 2024, Vancouver west detached prices are down 6.9 percent. West side house sales dip 5.1 percent year to year. Inventory increases 1.7 percent this September compared to the previous September.

 

From August to September west side house sales are 1.8 percent higher. Month to month detached inventory swells by 67.7 percent.

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