October 2025 has brought a noticeable shift in Metro Vancouver’s real estate landscape. According to the latest data from the Greater Vancouver REALTORS® (GVR), home sales are down by 14% compared to October 2024, marking one of the slowest fall markets in recent years. At the same time, the number of active listings continues to climb, creating ideal conditions for buyers to negotiate better prices and terms.
At Vancouver Property Management (VPM Group RE/MAX), we’ve observed this trend firsthand. While demand remains steady, today’s buyers have more choices and leverage thanks to increased supply. The total number of homes listed on the MLS® reached 16,393 — over 35% higher than the ten-year average — while the sales-to-active listings ratio dropped to just 14.2%, signaling a clear tilt toward a balanced-to-buyer’s market.
“After peaking in June, inventory levels have edged lower, and prices have eased across all market segments,” said Andrew Lis, GVR’s chief economist. Detached homes now average $1,916,400, townhouses $1,066,700, and condos $718,900 — each showing modest month-to-month declines.
For investors and homebuyers, this slowdown can be a rare opportunity. As competition softens, motivated sellers are becoming more flexible, and strategic buyers can secure strong long-term value. For property owners, however, professional management and pricing strategy are crucial in navigating longer listing times and shifting buyer expectations.
At VPM Group RE/MAX, we help homeowners adapt to these changing market conditions with data-driven pricing, professional marketing, and comprehensive property management services. Whether you’re buying, selling, or leasing, understanding where the market is heading can make all the difference in your results.
If you’re planning your next move or want an updated property evaluation, contact VPM Group RE/MAX – Vancouver Property Management for a consultation.
