Welcome to Vancouver
British Columbia's bustling, diversified metropolis of Vancouver offers breathtaking mountain views and a rich cultural lifestyle that is perfect for modern living.
Vancouver Real Estate Market Insights
Our team of local experts analyzes Vancouver's real estate market to provide you with actionable insights.
Avg. Home Price
$1,239,418
-6.0%
Active Listings
14,546
+38.0%
Sales to Active Listings Ratio
14.4%
-8.3%
Price per Sq Ft
$810
-4.8%
Market Highlights
- The average home price in Greater Vancouver was $1,239,418, which decreased by 5.9% annually and climbed by 1.2% monthly.
- In March 2024, the benchmark price of homes in Metro Vancouver was $1,190,900, representing a 0.6% yearly decrease and a 0.5% monthly increase.
- Vancouver’s benchmark price has increased 60% over the past decade but is 5.5% lower than its all-time high of $1,259,900 in April 2022.
- Detached home average price decreased by 3.1% year-over-year to $2.14M.
- April 29, 2025 Update: Today’s lowest mortgage rate in Vancouver is 3.79% for 3-Year Fixed.
Living in Vancouver: What You Should Know
Vancouver is BC's largest city and offers everything from urban living downtown to beautiful neighborhoods surrounded by mountains and ocean.
- Diverse Neighborhoods: From high-rise living in Downtown to quiet, tree-lined streets in Dunbar or Kerrisdale, Vancouver offers something for every lifestyle.
- Excellent Public Transit: The SkyTrain and bus systems make it easy to commute across the city without a car.
- Scenic Environment: Beaches, parks, and mountains surround the city—ideal for outdoor enthusiasts.
- Cultural Diversity: A strong multicultural presence with communities from around the world, reflected in its food, festivals, and businesses.
- Green City: Sustainability is a priority—many neighborhoods are walkable and bike-friendly.
- Strong Real Estate Market: Vancouver has seen significant appreciation in property values, especially in developing or transit-connected areas.
Top Attractions in Vancouver
Stanley Park
Iconic 1,000-acre urban park with seawall, beaches, and rainforest trails.
Canada Place
A landmark waterfront destination featuring iconic architecture, scenic views, and attractions like FlyOver Canada and the Vancouver Convention Centre.
Gastown
Historic district with cobblestone streets, steam clock, and trendy restaurants.
Science World
An iconic geodesic dome offering interactive science exhibits, live demonstrations, and family-friendly fun.
What's Your Vancouver Home Worth?
Get a detailed estimate of your home's current market value with our free home valuation tool.
Transportation & Accessibility
Convenient access to transportation options makes commuting and traveling around the area easy.
Highways & Major Roads
- Highway 1 (Trans-Canada Highway)
- Highway 99 (Sea to Sky Highway)
- Highway 91 (East-West Connector)
- Highway 17 (South Fraser Perimeter Road)
Public Transit
- SkyTrain Expo Line with 4 stations in Vancouver
- Extensive bus network connecting all neighborhoods
- Future Surrey-Langley SkyTrain extension
- Community shuttle services for local travel
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