By Chris Car | TRG – The Residential Group

🔎 The Big Picture

There are now more than 15,000 active listings across Greater Vancouver and the Fraser Valley.

That’s a clear shift toward a buyer’s market on paper — but the story isn’t that simple.

Detached listings are up and taking longer to sell.

Meanwhile, well-priced condos and townhomes under $1 million are still trading quickly.

What this means to you 👇🏼

• Buyers: You have time, choice, and leverage — especially in the detached segment.

• Sellers: You have competition. Pricing and presentation are everything.

• The Market: This isn’t a crash. It’s a skills market — where strategy matters more than speed.

💡 Economic Pulse

The Bank of Canada held its policy rate in October, keeping the overnight rate unchanged.

The next rate announcement is scheduled for December 11 (09:45 ET / 06:45 PT).

👉 Read the latest Bank of Canada announcement

Rates still influence sentiment, but they’re no longer the full story.

Inventory and execution — not speculation — are what move deals right now.

📊 Vancouver Core Snapshot (October 2025)

Downtown Vancouver (Condos & Townhomes)

Balanced market at roughly 13% sales-to-active ratio (SNLR).

Benchmark price around $745,000, down 10% month-over-month.

Listings that show well and price right still move — especially in Yaletown and the West End.

Luxury product in Coal Harbour continues to soften.

Vancouver West (Attached)

Balanced to mild seller’s market with ~17% SNLR.

Benchmark around $990,000 — up 12% month-over-month, but down ~5% year-over-year.

Average days on market sits around 19.

Strongest activity under $1 million in Fairview, Kitsilano, and False Creek.

Vancouver East (Attached)

Stronger side of balanced at ~21% SNLR.

Benchmark price roughly $710,000, up 9% month-over-month, still down about 5% year-over-year.

Average days on market around 15.

Grandview Woodland, Main, and Hastings led townhome and duplex demand.

📈 Detached Highlights for Perspective

And for those wondering about the detached market:

• Vancouver West: Benchmark $3.25M (-3.6% YoY) | 8.6% SNLR → Buyers’ Market

• Vancouver East: Benchmark $1.75M (-7.5% YoY) | 13.8% SNLR → Upper Balanced

Detached values continue to soften. For attached owners looking to upsize, that gap creates opportunity.

🧠 My Take

Momentum shifted slightly toward buyers in October.

But don’t mistake slower volume for weakness — well-prepared homes are still selling, often within weeks.

The difference between sold and stale right now?

• Smart pricing

• Clean presentation

• Clear strategy

If you’re buying, this is your moment to negotiate from strength.

If you’re selling, this is where precision pays off — pricing right from day one saves you time and money later.

📣 Ready to Plan Your Next Move?

Let’s build a strategy that fits the market and your timeline — not the headlines.

📞 Direct: (778) 924-8682

📱 Mobile: (604) 375-9144

✉️ Email: chris@yvrproperties.ca

📅 Book a 20-min call → Book Here

📎 Want to Take a Deeper Dive?

View the full MVR & SnapStats reports here →

📄 Disclaimer & Sources

Educational only — not mortgage or financial advice.

Market data summarized from REBGV and SnapStats (October 2025) reports, believed reliable but not guaranteed.

Always consult qualified professionals for personalized advice.