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Welcome
to Octobr's’s edition of our real estate newsletter!
Welcome to our real estate
newsletter for
October! Greater Vancouver is seeing a surge in activity as the leaves
change
and the fall market develops. During this season, there are often
serious
buyers and motivated sellers who are ready to make well-informed
decisions. This
issue will examine the latest market trends, pricing insights, and
neighborhood
highlights that are shaping the region today. Whether it's preparing
for a move
before the year-end or just keeping an eye on the market, these updates
will
assist you in staying ahead and confident. Let's take a closer look at
the
events taking place in Greater Vancouver this month!
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Fall
market favours buyers
VANCOUVER,
BC
– October 2, 2025 – Another Bank of Canada rate
cut
and easing prices helped home sales registered on the MLS® in Metro
Vancouver*
edge higher relative to September last year. The Greater Vancouver
REALTORS®
(GVR) reports that residential sales in the region totalled 1,875 in
September
2025, a 1.2 per cent increase from the 1,852 sales recorded in
September 2024.
This was 20.1 per cent below the 10-year seasonal average (2,348).
“With
another cut to Bank of Canada’s policy rate behind us, and markets
pricing in
at least one more cut by the end of the year, Metro Vancouver
homebuyers have
reason to be optimistic about the fall market,” said Andrew Lis, GVR’s
director
of economics and data analytics. “Easing prices, near-record high
inventory
levels, and increasingly favourable borrowing costs are offering those
looking
to purchase a home this fall with plenty of opportunity.” There were
6,527
detached, attached and apartment properties newly listed for sale on
the
Multiple Listing Service® (MLS®) in Metro Vancouver in September 2025.
This
represents a 6.2 per cent increase compared to the 6,144 properties
listed in
September 2024. This was 20.1 per cent above the 10-year seasonal
average
(5,434).
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What's
behind Canada's housing ...?
Murtaza
Haider, executive director of the Cities Institute at the University of
Alberta, says high costs and economic uncertainty from U.S. tariffs are
causing
a slowdown in sales for Canada's housing market. ...
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provincial
and federal home flipping ..
Starting
January
1, 2025, the new BC home flipping tax will add
another layer of tax
consideration for home sellers who resell a home within a short
timeframe. This
tax will be in addition to the 2023 federal property flipping
tax introduced
by the Canada Revenue Agency (CRA). ...
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Is
Hard Water Ruining…
Limescale
all
over your shower head and inside your kettle, brittle hair, and drier
skin are
just some of the unfortunate effects of living in an area with hard
water. High
concentrations of dissolved minerals in your water supply, such as
calcium and
magnesium, result in a chalky residue covering your tiles and fixtures,
which ..
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