From Financialpost · · 50s
Vancouver Court-Ordered Listings Hit 20-Year High
Vancouver's court-ordered property sales reach 20-year high as soft market stalls sales.
In brief
Vancouver's court-ordered property sales reach 20-year high as soft market stalls sales. Vancouver's court-ordered property listings hit a 20-year high with 946 sales through September, taking three times longer to sell than regular listings. Originally reported by Financialpost.
Vancouver Court-Ordered Listings
Greater Vancouver and the Fraser Valley have 946 court-ordered residential listings through September, the highest in at least two decades.
Sales Taking Longer
Court-ordered listings take three times longer to sell than regular listings, with a median of 70 days versus 23 days.
Soft Market Impact
Only 38 percent of court-ordered listings sold by September 2026, compared to 60 percent in a typical year.
Wealthier Families Affected
Wealthier families in West Vancouver are selling homes at prices up to four times their crisis-era pace, with one $17 million home selling for $10 million.
What it means
Vancouver's court-ordered property listings hit a 20-year high with 946 sales through September, taking three times longer to sell than regular listings.
