Vancouver home sales edge up as buyers gain leverage in fall market

Metro Vancouver's housing market saw a slight sales increase in September, with 1,875 homes sold, but activity remains 20.1% below the 10-year average. Inventory rose 14.4% to 17,079 homes, easing prices by 3.2% year-over-year to $1,142,100. Detached, apartment, and townhome prices all declined. Favorable borrowing costs and high inventory give buyers more options, while market activity is expected to stabilize despite a slower national recovery forecast.