VANCOUVER WEST OCTOBER HOUSE 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 1.5 percent dip from September to October for the average price of Metro Vancouver detached properties. The benchmark price for houses in October 2025 is 4.3 percent below the previous October. Year to year the volume of detached home sales goes down 4.3 percent.
Last month versus October 2024, Vancouver west detached prices are down 3.6 percent. West side house sales dip 1.5 percent year to year. Inventory increases 24.7 percent this October compared to the previous October.
From September to October west side house sales rise 21.4 percent. Month to month detached inventory drops 13.5 percent.