Vancouver Home Sales Move Lower

Vancouver’s real estate market continued to adjust in late Q3, with 2,300 home sales recorded—activity that remains below the city’s historical averages. As both buyers and sellers adapt to shifting conditions, I’m seeing more choice return to the market: 5,400 new listings brought active inventory to 11,400 homes, giving buyers an expanded selection at all price points.

The benchmark residential price held steady around $1.2M, reflecting how increased inventory is easing some of the upward pressure we saw earlier in the year. According to the board’s economist, the pace is steady as we move toward a more balanced market—one where buyers have room to explore their options, and sellers benefit from stable pricing that supports their planning.

Over 16 years of guiding Vancouver families and global investors, I’ve found that navigating these cycles with local expertise and a global perspective helps clients make confident decisions—whether you’re settling your family here or building your investment portfolio for the long term.

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