Metro Vancouver October Market Highlights
October in Metro Vancouver marks a clear shift into the fall season, as cooler temperatures and established school and work routines shape the pace of daily life. In the housing market, October reflected a more cautious environment, with buyers and sellers taking a measured approach amid shifting economic conditions and broader uncertainty. As the fall season progresses, market participants continue to assess their options and adjust expectations heading into the final months of the year.
Home sales and new listings registered on the MLS® in Metro Vancouver* fell roughly ten per cent relative to October last year, respectively.
“October came with a few suspenseful distractions for buyers and sellers alike, with a somewhat surprising Bank of Canada rate hike and a snap provincial election among them. Between the onslaught of news coverage of the provincial and municipal elections, and the uncertainty surrounding where mortgage rates may be headed, it’s not entirely surprising that market participants took a step back in October to recalibrate,” said Andrew Lis, GVR chief economist and vice-president data analytics.
Residential Sales
The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 2,024 in October 2026, a 10.2% decrease from the 2,255 sales recorded in October 2025. This was 22.5% below the 10-year seasonal average (2,612).
Inventory + Home Price Data Analysis
There were 4,805 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in October 2026. This represents an 11.6% decrease compared to the 5,438 properties listed in October 2025. This was 1% above the 10-year seasonal average (4,758).
Metro Vancouver Home Sales by Property Type
Across all detached, attached and apartment property types, the sales-to-active listings ratio for October 2026 is 13.4%. By property type, the ratio is 11.6% for detached homes, 16.5% for attached, and 13.5% for apartments.
Analysis of the historical data suggests downward pressure on home prices occurs when the ratio dips below 12% for a sustained period, while home prices often experience upward pressure when it surpasses 20% over several months.
Detached Homes
Sales of detached homes in October 2026 reached 643, a 7.2% decrease from the 693 detached sales recorded in October 2025. The benchmark price for a detached home is $1,775,200. This represents a 7% decrease from October 2025, and a 0.5% decrease compared to September 2026.
Apartments
Sales of apartment homes reached 892 in October 2026, a 16.7% decrease compared to the 1,071 sales in October 2025. The benchmark price of an apartment home is $673,400. This represents a 5.9% decrease from October 2025, and a 1.3% decrease compared to September 2026.
Attached Homes
Attached home sales in October 2026 totalled 468, a 1.9% decrease compared to the 477 sales in October 2025. The benchmark price of a townhouse is $1,006,500. This represents a 5.5% decrease from October 2025 and a 1% decrease compared to September 2026.
The Stilhavn Report
Whether you are looking to buy or sell a home or investment property in the coming months, or just curious about what’s happening in your neighbourhood, The Stilhavn Report has you covered. Providing in-depth market information and monthly summaries of what’s happening in Metro Vancouver and the Okanagan, these monthly reports are the perfect starting point for first time buyers and market savvy investors alike.
Welcome to an Elevated Real Estate Experience
At Stilhavn, we continue our relentless pursuit of excellence because it’s our intrinsic belief that our clients deserve better than the status quo. When you become a client with Stilhavn you become a client for life, and it is our privilege to serve our community within the Lower Mainland.
We keep our fingers on the pulse, we collaborate extensively across our teams, and we are committed to providing an elevated experience when it comes to your next buying or selling journey.
