US EditionVancouver home sales down 15% in November from last year as prices move lower: board
Home sales dropped 15.4% to 1,846 in Greater Vancouver amid a 14.4% rise in inventory and price declines across all housing segments, Greater Vancouver Realtors said.
- Greater Vancouver Realtors said last month there were 1,846 home sales, down 15.4 per cent, with the composite benchmark price falling 3.9 per cent from last year.
- With last month, Lis said the board reported `plentiful` inventory while many buyers wait, and borrowing costs are likely to stay steady.
- Segment benchmarks showed total inventory rose 14.4 per cent year-over-year to 15,149 and was 36.3 per cent above the 10-year seasonal average, with 3,674 new listings.
- As a result, sellers face longer selling times and softened prices as inventory remains healthy, providing buyers ample choice and forcing sellers to accept new pricing realities.
- Against seasonal norms, this report first published last month highlights a large surplus with inventory 36.3 per cent above the 10-year average, according to Greater Vancouver Realtors.
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Vancouver home sales down 15% in November from last year as prices move lower: board
VANCOUVER — Vancouver-area home sales remained subdued despite "plentiful" inventory in November, as prices also declined last month. Greater Vancouver Realtors said there were 1,846 home sales in the region last month, down 15.
WellandTribune.ca
Early fall momentum slows as Fraser Valley sales dip in November
SURREY, British Columbia, Dec. 02, 2025 (GLOBE NEWSWIRE) -- Easing prices and abundant inventory weren’t enough to entice buyers to the Fraser Valley market in November, as sales declined in line with seasonal buying patterns.
High inventory meets weak demand as Greater Vancouver home sales sink 15%
Residential real estate activity in Greater Vancouver slumped again in November, with sales falling far below typical levels and signalling a market where buyers remain cautious and sellers are being forced to recalibrate expectations. The Greater Vancouver Realtors (GVR) reported 1,846 residential sales last month, down 15.4 per cent from the 2,181 sales recorded in November 2024 and 20.6 per cent below the 10-year seasonal average of 2,324. An…
Newly released monthly reports for the Greater Vancouver and Fraser Valley regions show that despite ample inventory in November, home sales in both areas remained sluggish, and prices also declined. With the year-end approaching, the market is slowing down with little change expected.
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