Vancouver Real Estate Market – September 2025

Real Estate Market Report | Vancouver | September 2025

Detached Prices Drop Fast in Vancouver

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So what's happening in the Vancouver real estate market as of September 2025?

Vancouver real estate market new listings chart, showing 8% year-over-year increase in August 2025, with data trends from 2019 to 2025.
Vancouver real estate sales trend chart for August 2025, showing a 13% decline in sales compared to previous years, with color-coded lines representing annual sales data from 2019 to 2025.
Vancouver residential inventory chart showing total supply trends from 2019 to August 2025, highlighting a 37% increase in inventory.
Vancouver residential real estate market chart illustrating months of supply from 2019 to 2025, highlighting a 47% increase in August 2025, with data trends for various years represented by colored lines.
Vancouver all residential prices chart showing benchmark price at $1,150,400 and index at 327, illustrating market trends as of August 2025.

The Vancouver housing market continued its slow recalibration in August. New listings rose 8% year-over-year—enough to push inventory up a staggering 37% and months of supply up 47%. However, overall sales fell 13% compared to the same month last year, pointing to ongoing buyer hesitancy despite improved choice. The composite benchmark price dipped 1.27% month-over-month, contributing to a 1.88% annual decline—a notable shift for a city long known for price resilience.

Vancouver's Detached Homes

Vancouver detached new listings trend chart for August 2025, showing a 7% increase in new supply compared to previous years, with distinct color-coded lines for each year from 2019 to 2025.
Vancouver detached sales trend chart showing monthly sales data from 2019 to 2025, indicating an 8% decline in August 2025, with a blue background and labeled lines for each year.
Vancouver detached inventory chart for August 2025, showing total supply trends with a 31% increase, highlighting year-over-year changes from 2019 to 2025.
Vancouver detached homes month of supply chart, August 2025, showing rising inventory trends with a 33% increase, highlighting supply and demand dynamics in the Vancouver real estate market.
Vancouver detached home price trend chart, showing benchmark price at $1,951,400 and index values from September 2018 to September 2025, highlighting recent market pressures.

Detached homes saw the sharpest pressure. Sales dropped 8%, and new listings climbed 7%, expanding inventory by 31% and months of supply by 33%. The result? The benchmark price for detached properties plummeted 6.95% month-over-month and is now down 7.9% year-over-year—a clear signal that even Vancouver’s most exclusive segment is under stress.

Vancouver's Condomimums

Vancouver apartment new listings trend chart for August 2025, showing year-over-year comparisons and a 3% change indicator, with data from 2019 to 2025, presented by Bode.
Vancouver apartment sales trend chart for August 2025, showing a 19% decrease in sales compared to previous years, with colored lines representing data from 2019 to 2025 on a blue background.
Vancouver apartment inventory chart showing a 37% increase in total supply for August 2025, with data trends from 2019 to 2025.
Vancouver apartment month of supply chart showing monthly trends from 2019 to 2025, highlighting a 58% change in August 2025, with significant variations in inventory levels.
Vancouver apartment prices chart showing benchmark price at $734,400 and index trends from September 2018 to September 2025, highlighting market fluctuations.

Conominiums told a mixed story. Inventory and new listings both jumped by over 35%, while sales dropped nearly 20%. And yet, prices rose 3.38% month-over-month, softening the annual decline to just -3.53%. This resilience suggests investor activity or entry-level demand may be offering a cushion against steeper price erosion.

Vancouver's Attached Homes

Vancouver attached new listings chart showing monthly data from 2019 to 2025, highlighting a 24% change in listings for August 2025, with a blue background and colorful trend lines.
Vancouver attached sales chart showing monthly sales trends from 2019 to 2025, indicating a 4% decrease in August 2025, with notable fluctuations in demand across the years.
Vancouver attached inventory chart showing total supply trends from 2019 to 2025, highlighting a 51% change over the last five Augusts, with monthly data points for each year.
Vancouver attached homes month of supply chart from August 2025, showing trends in inventory and demand with a highlighted 50% change over five years.
Vancouver attached home price trends chart showing benchmark price at $1,079,600 and index value of 377, with data from September 2018 to September 2025.

The attached market stands apart. Listings soared 29%, and sales held steady with a slight 1% increase. Inventory rose 50%, but prices fell 3.22% to $1,099,200. Still, the relatively stable demand may indicate this segment is holding firmer than the rest.

It’s critical to understand the dynamics in your local property market

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September 2025 Vancouver Real Estate Market Trends

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