Home sales slowed again in October while listings stayed high — giving buyers more control than we’ve seen in years. Metro Vancouver recorded 2,255 sales, down 14% from last year, as the Bank of Canada’s latest rate cut failed to spark new activity.
Inventory is now 36% above the 10-year average, with the sales-to-active listings ratio at 14.2% — solidly in “balanced-to-buyer’s market” territory. Prices have eased across the board, with the benchmark home price now at $1,132,500, down 3.4% year-over-year.
In this episode, our panel breaks down:
· Why lower interest rates aren’t moving the needle
· How long this buyer’s window might last
· What sellers can do to stand out
· And where prices could head as we close out 2025
🎧 Whether you’re thinking of buying, selling, or just watching the market, this episode will help you make sense of what’s really happening in Vancouver real estate right now.