As someone who’s called Vancouver home for nearly three decades and worked in its real estate market for over 12 years, I’m seeing significant shifts this fall. In September, Greater Vancouver’s benchmark home price fell 0.6% to $1.08M—now 5.5% lower than last year and down 14.1% from the 2022 peak. Sales volume slid by 8.2%, totaling 1,720 homes sold, while new listings surged to 5,850. These numbers point to a clear buyer’s market. Navigating moments like this takes experience and a deep understanding of our local neighborhoods—something I’ve built my practice on. If you’re considering your next move, understanding these market dynamics is more important than ever.
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