Vancouver Real Estate Market – September 2025

Vancouver’s market cools sharply in August 2025 with rising inventory and falling detached prices. Full breakdown of trends and what’s next.

11 min readBōde Marketing Team

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?

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

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

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

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.

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