Vancouver Real Estate Market – November 2025

Real Estate Market Report | Vancouver | November 2025

Inventory Floods In, Buyers Hold Back

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Vancouver Real Estate Market Recalibrates in November 2025

Vancouver new residential listings trend chart for October 2025, showing a 15% increase compared to previous years, with colored lines representing data from 2019 to 2025.
Vancouver real estate sales trend chart for October 2025, showing demand fluctuations with a highlighted -8% change, featuring data from 2019 to 2025, presented by Bōde.
Vancouver residential inventory chart showing total supply trends from 2019 to October 2025, highlighting a 34% increase in inventory.
Vancouver month of supply graph showing residential real estate trends, highlighting a 38% increase in supply from previous years, with data visualized for 2019-2025.
Vancouver all residential prices chart showing benchmark price at $1,132,500 in October 2025, with trends in market index over time.

Vancouver’s housing market is adjusting under the weight of all the new supply hitting the market. New listings climbed 15% above the typical October, but sales dropped 8%. Inventory rose 34% and months of supply increased 38%, loosening up a market that’s been tight for years. The benchmark price hit $1,132,500, up 0.99% from last month and 1.23% from last year. The market hasn’t crashed, but it’s definitely recalibrating as more supply gives buyers leverage and sellers face tougher conditions.

Vancouver's Detached Homes

Vancouver detached new listings graph for October 2025 showing a 19% increase compared to previous years, with multiple colored lines representing annual data trends from 2019 to 2025.
Vancouver detached home sales trend chart for October 2025, showing monthly sales data from 2019 to 2025, with a highlighted -5% change indicating a decrease in demand.
Vancouver detached inventory chart showing total supply trends from 2019 to 2025, highlighting a 32% increase in October inventory.
Vancouver Detached Month of Supply chart showing monthly supply trends from 2019 to 2025, highlighting a 30% increase in October 2025, with color-coded lines representing different years.
Vancouver detached home prices chart showing benchmark price at $1,920,800 and index trends from September 2018 to October 2025, illustrating market adjustments.

Detached homes are still anchoring the high end but they’re softening. Sales dropped 5% while new listings jumped 19%, driving a 32% increase in inventory. Months of supply rose 30%, pointing to slower absorption. The benchmark price dipped to $1,920,800—down 1.45% from last month but still 1.63% higher than last year. Buyers are more cautious at these price points, and sellers are adjusting their expectations in response to longer timelines and more competition.

Vancouver's Condomimums

Vancouver apartment new listings chart for October 2025, showing an 8% increase compared to previous years, with data trends from 2019 to 2025 visualized through colored lines representing different years.
Vancouver apartment sales trend chart for October 2025, displaying monthly sales data from 2019 to 2025, highlighting a 15% decrease in sales compared to previous years, with distinct colored lines representing different years.
Vancouver apartment inventory chart showing total supply trends over months in 2025, with a highlighted 32% increase compared to previous years, relevant to the current real estate market analysis by Bode.
Vancouver apartment month of supply graph showing monthly trends from 2019 to 2025, highlighting a 46% increase in supply for October 2025, with color-coded lines representing different years and a blue background.
Vancouver apartment price trend chart showing benchmark price at $718,900 and index fluctuations from September 2018 to October 2025, illustrating market adjustments and inventory changes.

Condo’s are showing early signs of price resistance. New listings grew 8%, but sales fell 15%, leading to a 32% rise in inventory and a 46% jump in months of supply. Despite that, the benchmark price held at $718,900, down just 0.39% from last month and 5.78% lower than last year. Condos are still the entry point for most buyers, but the growing selection is forcing sellers to compete harder—especially in downtown and transit-adjacent areas.

Vancouver's Attached Homes

Vancouver attached new listings chart for October 2025, showing a 27% increase compared to previous years, with multiple colored lines representing data from 2019 to 2025.
Vancouver attached sales chart showing monthly sales trends from 2019 to 2025, highlighting a 5% change in demand for October 2025, with color-coded lines representing different years.
Vancouver attached inventory graph showing total supply trends from 2019 to 2025, with a notable 49% increase in October inventory.
Vancouver attached homes month of supply graph showing trends from 2019 to 2025, highlighting a 35% increase in months of supply in October 2025.
Vancouver attached home prices chart showing benchmark price at $1,066,700 and index trends from September 2018 to October 2025, illustrating market fluctuations and inventory dynamics.

Attached homes posted the strangest results. Sales rose 5% while listings surged 27%, lifting inventory by 49%. Despite the demand, months of supply jumped 35%, suggesting units are taking longer to move. The benchmark price fell hard to $1,066,700—a 2.81% monthly drop and 8.03% lower than last year. Buyers might be resisting the mid-million range in favor of smaller units or looking at outer suburbs instead.

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