Introduction Vancouver’s real estate market has long been one of Canada’s most dynamic and expensive. As we move into the fall of 2025, the market is showing signs of change. Recent data illustrate softening prices and increasing inventory, which together signal a shift toward a buyer’s market.

Market Overview According to the October 3rd 2025 update from WOWA.ca, the average home price in Greater Vancouver in September 2025 was approximately $1,253,274, which is a 0.1% increase over last year and a 2.2% rise compared with August 2025. The benchmark price across all property types was $1,142,100, down 3.2% year-over-year and 0.7% month-to-month. Detached homes sold for an average of around $2.13 million (a 2.9% decrease compared with last year), attached homes averaged $1.22 million (2.4% higher than last year), and apartments averaged $762k (0.6% lower year-over-year). RBC’s fall 2025 housing market report notes that Vancouver is “not out of the woods yet”: home resales dropped more than 6% between August and September, although they remain 1.2% above last year’s levels. Elevated inventory has tilted supply–demand balance in favour of buyers, contributing to continued downward pressure on prices. The city’s MLS Home Price Index benchmark fell to about $1.14 million in September, down 3.2% year-over-year and more than 9% below the spring 2022 peak.

What This Means for Buyers The combination of softer prices and higher inventory provides more leverage to buyers this fall. With more options on the market and less competition, you have greater opportunity to negotiate price and conditions. However, Vancouver remains the least affordable market in Canada, so realistic budgeting is still essential. Focus on properties that meet long-term needs rather than speculative opportunities, and consider less expensive property types (such as condos or townhomes) or suburbs to improve affordability.

Tips for Sellers: Stage Your Home to Stand Out In a buyer’s market, sellers must make their properties shine. Home staging can significantly improve the way your home presents, both online and in person. The National Association of Realtors’ 2025 Profile of Home Staging found that 29% of agents reported a 1–10% increase in value for staged properties, and nearly half said staging reduces time on market. A comprehensive guide from Metro Vancouver Life explains that staging is particularly important for inherited homes, downsizing situations, luxury properties and vacant homes; in these contexts it helps depersonalize spaces, modernize outdated interiors, and highlight architectural features. Typical staging costs in Vancouver range from roughly $3,500 to $7,000 for a full staging of a detached home, $3,000 to $6,000 for townhomes, and $2,500 to $4,000 for condos. To save money, focus on key rooms (living room, kitchen, primary bedroom), declutter and use your existing furniture, limit rented items, and consider virtual staging for online listings. Even modest staging—such as deep cleaning, small repairs, neutral paint, and professional photography—can make a big difference in how buyers perceive your homen CConclusion The fall Conclusion The fall 2025 real estate market in Vancouver favours buyers more than it has in years, but sellers can still succeed by pricing strategically and investing in presentation. Whether you’re looking to purchase or sell a property, staying informed about market trends and being proactive—especially in areas like home staging—will help you navigate this evolving landscape. If you have questions about buying or selling in Vancouver this fall, feel free to reach out.