November 2025 Market update - Do Buyers Finally Have the upper hand ?

Home sales slowed again in October while listings stayed high — giving buyers more control than we’ve seen in years. Metro Vancouver recorded 2,255 sales, down 14% from last year, as the Bank of Canada’s latest rate cut failed to spark new activity.Inventory is now 36% above the 10-year average, with the sales-to-active listings ratio at 14.2% — solidly in “balanced-to-buyer’s market” territory. Prices have eased across the board, with the benchmark home price now at $1,132,500, down 3.4% year-over-year.In this episode, our panel breaks down:·       Why lower interest rates aren’t moving the needle·       How long this buyer’s window might last·       What sellers can do to stand out·       And where prices could head as we close out 2025🎧 Whether you’re thinking of buying, selling, or just watching the market, this episode will help you make sense of what’s really happening in Vancouver real estate right now.