Posted by Frederick Trudeau on Friday, September 19th, 2025 6:26pm.
Condo prices ticked up monthly while detached slid. Higher inventory means more choice and better terms for buyers across Metro Vancouver.
Quick stats
Sales: +2.9% YoY, still below the seasonal average
Condos/Apartments: slight monthly uptick in benchmark prices
Detached: ~7–8% YoY declines in many areas
Inventory: meaningfully higher across Metro Vancouver
What this means for buyers
Conditions are tilting in your favour. With more active listings, there’s less bidding pressure and more room to negotiate price, terms, and dates. Detached homes are posting the steepest year‑over‑year price adjustments, while condos and townhomes are comparatively steadier—some even showing modest month‑over‑month gains.
Opportunities by segment
Detached homes: The clearest pricing relief. Look for properties that have sat 30+ days or had 1–2 price reductions—these often indicate motivated sellers.
Condos/Townhomes: Competitive but manageable. Focus on well‑run strata buildings with strong contingencies and healthy CRFs; premiums persist for move‑in‑ready, transit‑proximate homes.
Smart buyer plays right now
Target stale listings: Ask for closing flexibility, repairs/credits, and favourable subjects (financing, inspection, documents).
Shop the shoulder markets: Consider Burnaby, New Westminster, Port Coquitlam, and select Surrey sub‑areas for value relative to Vancouver proper.
Be pre‑approved: Lock a rate hold and move decisively when the right property surfaces.
Leverage inspection findings: Use quotes to negotiate realistic credits vs. list‑price cuts.
Think ahead on rates: With mortgage rates expected to ease later in 2025, buying now may position you ahead of renewed demand.
Bottom line
More listings = better selection and stronger negotiating power. Detached is where most price give is showing; strata is more stable but still negotiable on terms.
Don’t let the right home slip away. Reach out at 778-877-8807 to secure your spot in today’s buyer-friendly market.
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