Vancouver Market Snapshot
Key metrics for Vancouver's westside real estate market
$1.1M
Composite Benchmark
-0.5% MoM
12,628
Active Listings
+25.5% YoY
4,249
New Listings
-7.3% YoY
11.7%
Sales-to-Active Ratio
Buyer's Market
Neighborhood Price Guide
Oakridge
StableDetached
$3.36M (benchmark)
Townhome
$1.64M (benchmark)
Condo
$998K (benchmark)
Marpole
StableDetached
$2.13M (benchmark)
Townhome
$1.58M (benchmark)
Condo
$684K (benchmark)
South Cambie
StableDetached
$4.16M (benchmark)
Townhome
$1.56M (benchmark)
Condo
$1.02M (benchmark)
Riley Park
StableDetached
$1.70M (Van East)
Townhome
$1.04M (Van East)
Condo
$639K (Van East)
Kerrisdale
StableDetached
$2.98M (benchmark)
Townhome
$1.66M (benchmark)
Condo
$974K (benchmark)
Cambie Corridor
StableDetached
$2.43M (benchmark)
Townhome
$1.75M (benchmark)
Condo
$1.01M (benchmark)
What's Driving the Market
Interest Rates
The Bank of Canada has been adjusting rates in response to inflation trends. Current fixed rates hover around 5-5.5%, with variable rates slightly lower.
New Supply
Major projects like Oakridge Park (3,300+ homes), Cambie Corridor developments, and Marine Gateway are adding significant inventory to the market.
Population Growth
Vancouver continues to attract immigrants and interprovincial migrants, supporting housing demand across all property types.
Policy Changes
BC and federal housing policies continue to evolve, affecting foreign buyers, short-term rentals, and development approvals.
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