October 2025 Market Update

Let’s talk sales. This year, the highest number of sales was in May at 45 sales, and the lowest was in July at 31 sales. In September, we had 42 sales. So, that’s only 3 sales off the peak of 2025 so far. Year-over-year, that’s a 27% increase in comparison to the 2% increase reported by the Greater Vancouver region.

When comparing the sales of the first three quarters of 2024 to 2025, there was a 5% drop in sales, but that translates to 16 sales over 9 months, which is less than two sales per month.

What does this mean for you, the buyer? Well, if you’re waiting for the market to slow down because it’s done so in Greater Vancouver, you may want to reconsider. It’s business as usual and has been for the past 2 years. Another reason sellers are reluctant to lower their prices.