Home Prices Dip, Giving Vancouver Buyers More Power

Vancouver’s housing market saw a slight 1.2% rise in September sales, though activity stayed well below the 10-yr avg.
Inventory grew 14.4% yearly as new listings surged, giving buyers more leverage and choice.
Falling prices and lower borrowing costs are creating favorable conditions for buyers this fall.
The composite benchmark price dropped 3.2% yearly to $1.1M, with declines across all housing types.
Experts expect market activity to stabilize through year-end as rate cuts and easing economic pressures take effect.