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Vancouver-area home sales down 8.4 per cent in September as prices fall: board
Greater Vancouver Realtors said 1,717 homes sold, 25% below the 10-year seasonal average, as apartment sales drove the decline.
- Greater Vancouver Realtors reported home sales in Vancouver fell 8.4 per cent in September compared to last year, driven largely by fewer apartment-style homes changing hands.
- The market recorded 1,717 transactions last month, sitting 25 per cent below the 10-year seasonal average as transaction volumes remained subdued across the region.
- New listings totaled 5,852, down 10.3 per cent year-over-year but 5.7 per cent above the 10-year average, while total inventory fell 4 per cent to 16,394, remaining 24.3 per cent above long-term levels.
- Andrew Lis, Greater Vancouver Realtors' chief economist, noted that despite the overall market decline, attached and detached home sales remained slightly above last year's levels.
- Benchmark pricing for Vancouver residential properties reached $1,075,900, down 5.5 per cent from September 2025 and 0.6 per cent from August 2026, reflecting sustained downward pressure.
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The Toronto Star+11 Reposted by 11 other sources
Vancouver-area home sales down 8.4 per cent in September as prices fall: board
VANCOUVER - Home sales in the Vancouver region were 8.4 per cent lower last month compared with a year ago, as fewer apartment-style homes changed hands.
·Toronto, Canada
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