{"id":146,"date":"2026-10-26T12:00:00","date_gmt":"2026-10-26T12:00:00","guid":{"rendered":"https:\/\/www.jonathanlu.ca\/blog\/?p=146"},"modified":"2026-10-26T12:00:00","modified_gmt":"2026-10-26T12:00:00","slug":"metro-vancouver-apartment-sales-fall-18-6","status":"publish","type":"post","link":"https:\/\/www.jonathanlu.ca\/blog\/2026\/10\/26\/metro-vancouver-apartment-sales-fall-18-6\/","title":{"rendered":"Metro Vancouver Apartment Sales Fall 18.6%"},"content":{"rendered":"<div class=\"video-zmyer\">\n<div class=\"video-frame-zmyer\">\n        <iframe loading=\"lazy\" width=\"640\" height=\"640\" src=\"https:\/\/www.roomvu.com\/agent\/embed\/jonathan-lu-prec-1\/vancouver-apartment-slump-remotion-videos-dd32\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><br \/>\n        <\/iframe>\n    <\/div>\n<div class=\"video-description-zmyer\">\n<p>As we review the latest Metro Vancouver real estate data, it\u2019s clear that the market remains highly segmented by property type. In late Q3, overall home sales reached 1,700\u2014about 8% lower than last year and roughly 25% below the ten-year seasonal average. What stands out most is the notable slowdown in apartment transactions: sales in this segment dropped nearly 19%, while detached and attached homes showed more resilience. New listings declined about 10% year-over-year to 5,900, though that figure still sits 6% above the decade norm. Active inventory climbed to 16,400, a level about 24% higher than the long-term average. The sales-to-active listings ratio hovered near 11%, just under the 12% level historically associated with sustained price pressure here in Vancouver. The benchmark price for Metro Vancouver settled near $1.08 million in late Q3, down 6% from a year ago and a touch lower month-over-month. Across all property segments, we\u2019ve seen a cumulative decrease of about 3% since the start of the year.<\/p>\n<p>With over 16 years advising families, newcomers, and global investors on Vancouver real estate, I know firsthand how these shifts can influence both short-term decisions and long-term strategies\u2014especially for those navigating cross-border or investment-focused moves. As always, understanding the nuances behind these numbers is key to building lasting value in our dynamic market.<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>As we review the latest Metro Vancouver real estate data, it\u2019s clear that the market remains highly segmented by property type. In late Q3, overall home sales reached 1,700\u2014about 8% lower than last year and roughly 25% below the ten-year seasonal average. What stands out most is the notable slowdown in apartment transactions: sales in [&hellip;]<\/p>\n","protected":false},"author":193,"featured_media":147,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-146","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-posts"],"_links":{"self":[{"href":"https:\/\/www.jonathanlu.ca\/blog\/wp-json\/wp\/v2\/posts\/146","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.jonathanlu.ca\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.jonathanlu.ca\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.jonathanlu.ca\/blog\/wp-json\/wp\/v2\/users\/193"}],"replies":[{"embeddable":true,"href":"https:\/\/www.jonathanlu.ca\/blog\/wp-json\/wp\/v2\/comments?post=146"}],"version-history":[{"count":1,"href":"https:\/\/www.jonathanlu.ca\/blog\/wp-json\/wp\/v2\/posts\/146\/revisions"}],"predecessor-version":[{"id":148,"href":"https:\/\/www.jonathanlu.ca\/blog\/wp-json\/wp\/v2\/posts\/146\/revisions\/148"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.jonathanlu.ca\/blog\/wp-json\/wp\/v2\/media\/147"}],"wp:attachment":[{"href":"https:\/\/www.jonathanlu.ca\/blog\/wp-json\/wp\/v2\/media?parent=146"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.jonathanlu.ca\/blog\/wp-json\/wp\/v2\/categories?post=146"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.jonathanlu.ca\/blog\/wp-json\/wp\/v2\/tags?post=146"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}