October 2025 GVR Residential Market Report

In October 2025, residential home sales across Metro Vancouver dropped by about 14% compared to the same month last year, reflecting a market that’s slowing down as inventory rises and buyers gain more leverage. According to the Greater Vancouver REALTORS® (GVR), 2,255 homes changed hands last month—down 14.3% from 2,632 in October 2024 and 14.5% below the 10-year seasonal average.

• Sales decline: Total residential sales hit 2,255 in October 2025, a notable drop from 2,632 a year earlier.

• Below seasonal norms: Activity was 14.5% lower than the region’s 10-year average for October, suggesting the market is performing at a slower-than-usual pace.

• Shift toward buyers: With sales easing and listings accumulating, market conditions have tilted in favour of buyers, who now hold more negotiating power.

By property type:

• Detached homes: Sales reached 693 in October 2025, a 4.3% decrease from 724 the previous year. The benchmark price for detached homes is $1,916,400, which is down 4.3% year-over-year and 0.9% from September. Greater Vancouver REALTORS®+2Real Estate North Shore+2

• Attached homes (townhouses): Sales totalled 477 in October, down 4.8% from 501 in October 2024. The benchmark price sits at $1,066,700, down 3.8% from a year earlier and 0.3% from September. Real Estate North Shore

• Apartments (condos): Sales dropped to 1,071 units, a sharp 23.1% decrease from 1,393 last year. The benchmark price is $718,900, down 5.1% from October 2024 and 1.4% from September.

Link: https://members.gvrealtors.ca/news/GVR-Stats-Package-October-2025.pdf

*All credits to GVR

    Link:   https://youtu.be/i4KSnM7YFec

Links : https://members.gvrealtors.ca/news/GVR-Stats-Package-August-2025.pdf

All Credits to GVR

Link: https://www.bcrea.bc.ca/wp-content/uploads/2025-06.pdf

Source: BCREA

Link:  https://mailchi.mp/bcrea/canadian-employment-june-2025

Source: BCREA

GVR Member News Market-Residential 

Home sale trend stabilizing in June 2025

Thursday, July 3, 2025

Following a turbulent start to the year, MLS®-registered home sales across Metro Vancouver* are beginning to show signs of recovery, posting a 10 per cent year-over-year decline — half the drop recorded in the previous month.

Source: Greater Vancouver Realtors

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News Release FOR IMMEDIATE RELEASE: Spring market brings abundance of opportunity for buyers VANCOUVER, BC – May 2, 2025 – The slowdown in home sales registered on the Multiple Listing Service® (MLS®) in Metro Vancouver* that began early this year continued in April, with sales down nearly 24 per cent year-over-year. The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 2,163 in April 2025, a 23.6 per cent decrease from the 2,831 sales recorded in April 2024. This was 28.2 per cent below the 10-year seasonal average (3,014).

Link: https://members.gvrealtors.ca/news/GVR-Stats-Package-Apr-2025.pdf