October 2025 Vancouver Housing Update
🏙️ Market Overview
🍂 Vancouver + North Vancouver snapshot: September saw prices ease in the City of Vancouver while North Van held up a bit better. Vancouver East benchmark $1,176,500 (-1.2% MoM, -2.5% YoY), Vancouver West $1,280,900 (-0.4% MoM, -2.9% YoY), and North Vancouver $1,341,800 (-0.3% MoM, +0.6% YoY). Buyer leverage persists with regional sales 20.1% below the 10-year September average and active listings 36.1% above their 10-year norm—meaning more selection and room to negotiate.
📉 Market Conditions
🏦 Rates: GVR notes “another” policy rate cut helped sentiment this month, BOC is now at 2.5% and markets are pricing in at least one more cut into year-end. this is slightly easing borrowing costs.
🧭 Balance of power: The sales-to-active listings ratio sat at 11.3% overall (Detached 8.5%, Townhome 12.7%, Condo 13.3%) territory that typically applies downward price pressure if sustained. New listings were 6,527 in September (↑6.2% YoY), well above the 10-yr seasonal average, reinforcing a supply-friendly backdrop.
📊 Key pricing Stats
City of Vancouver
Vancouver East: $1,176,500 (-1.2% MoM, -2.5% YoY) 🧭
Vancouver West: $1,280,900 (-0.4% MoM, -2.9% YoY) 🧭
Condo benchmark (region-wide reference): $728,800 (-0.7% MoM, -4.3% YoY). Townhome benchmark: $1,069,800 (-0.9% MoM, -2.7% YoY).
North Vancouver
Composite: $1,341,800 (-0.3% MoM, +0.6% YoY) ✅
Detached: $2,172,000 (-0.1% MoM, -1.7% YoY)
Townhome: $1,297,900 (+0.9% MoM, +2.2% YoY)
Condo: $790,500 (-0.5% MoM, -0.9% YoY)
🔮 Looking Forward
🔭 With inventory near decade highs and borrowing costs easing, expect continued selection and measured pricingthrough the fall. If rate-cut expectations hold, pent-up demand could firm activity into late Q4—yet with ratios hovering near the buyer-friendly band, pricing likely grinds rather than jumps absent a sharp demand surge. Strategy: buyers can negotiate; sellers win with sharp pricing and standout presentation.
If you’re thinking of making a move in 2025 feel free to reach out to me or Steve Saretsky.
78 homes sold last year and happy to help you too!
Feel free to reach out if you want to connect with me! 778-951-5853 LUKE@SARETSKYGROUP.COM
^ Book a call with me to discuss your options here ^
Luke Annunziello | Vancouver Realtor
About Luke
Luke is a real estate professional with a distinguished career as a realtor since 2019, specializing in the Greater Vancouver market. His expertise extends beyond traditional real estate services, as he possesses a comprehensive understanding of property renovations, accumulated over a period of seven years. Clients appreciate Luke for his friendly nature and ability to establish rapport, making complex transactions more accessible.
Luke is a part of the esteemed Saretsky group which is part of the top 1% of all realtors in Vancouver. This affiliation with the Saretsky group translates into a range of benefits for his clients. From market expertise and extensive networks to enhanced marketing capabilities and exclusive opportunities, Luke can provide a superior level of service and results for those seeking assistance in the competitive Vancouver real estate market.
When not doing real estate transactions you can find him playing hockey, snowboarding on the mountains or spending time with his wife and daughter. Whether navigating the dynamic Vancouver market or incorporating renovation insights into property dealings, Luke stands as a reliable and professional ally, ensuring a seamless and positive experience for his clientele.
Whether you're looking to buy or sell a property in North Vancouver or elsewhere in Vancouver, Luke is the agent you can trust to guide you through the process and achieve your goals.
