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The Metro Vancouver real estate market is showing signs of opportunity this fall, driven by favorable conditions for buyers and a stabilizing landscape for sellers. With another Bank of Canada rate cut and easing home prices, the market is buzzing with potential. Let’s dive into the latest trends and share a key tip for both buyers and sellers to make the most of this season.
A Buyer’s Market in Fall 2025
In September 2025, Metro Vancouver recorded 1,875 residential sales, up 1.2% from 1,852 in September 2024, though still 20.1% below the 10-year average. New listings surged to 6,527, a 6.2% increase from last year, contributing to a near-record inventory of 17,079 properties—up 14.4% from September 2024. The sales-to-active listings ratio sits at 11.3%, signaling downward pressure on prices, as ratios below 12% typically indicate a buyer’s market.
The MLS® Home Price Index composite benchmark price dropped to $1,142,100, down 3.2% year-over-year and 0.7% from August 2025. Detached homes saw a 7% sales increase to 552 units, with a benchmark price of $1,933,100 (down 4.4% from last year). Apartment sales rose 1.5% to 954 units, priced at $728,800 (down 4.4%), while attached home sales fell 5.8% to 356 units, with a benchmark price of $1,069,800 (down 2.7%).
Andrew Lis, Director of Economics and Data Analytics at Greater Vancouver REALTORS®, notes, “Easing prices, high inventory, and favorable borrowing costs create a strong window for buyers this fall.” With markets anticipating at least one more rate cut by year-end, conditions are ripe for those looking to purchase.
Tip for Buyers: Leverage the High Inventory
With inventory at a near-record high, buyers have more choices and negotiating power. Focus on properties that have been on the market longer—sellers may be more open to offers below asking price. Work with a realtor to analyze comparable sales and craft a competitive yet budget-conscious offer.
Tip for Sellers: Highlight Your Home’s Unique Value
In a buyer’s market, standing out is key. Invest in small upgrades like fresh paint or staging to make your home shine. Price competitively based on recent sales data, and consider offering incentives like covering closing costs to attract serious buyers.
Looking Ahead
Despite challenges like past rate hikes and trade tensions, the market is stabilizing. Barring major disruptions, activity is expected to remain steady through the end of 2025, offering opportunities for both buyers and sellers to act strategically.
TL;DR Summary: The Metro Vancouver fall 2025 market favors buyers with high inventory, lower prices (benchmark at $1,142,100, down 3.2% year-over-year), and favorable borrowing costs. Buyers should leverage inventory for better deals, while sellers can stand out with strategic upgrades and pricing.
Ready to make a move? Reach out to discuss your real estate goals and let’s navigate this market together!
