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Majority of Metro Vancouver homes selling at below assessed value
Most Metro Vancouver homes are selling below assessed value, according to Zealty.ca data.
Key points
- Three-quarters of homes sold across Metro Vancouver and the Fraser Valley this year closed below assessed value, per Zealty.ca.
- Zealty.ca recorded 18,168 of 24,426 homes sold between Jan. 1 and Oct. 25 closing below their 2026 B.C. Assessment valuation.
- The 2026 B.C. Assessment valuation was set on July 1, 2025, according to the source.
Why it matters. Homes selling below assessed value points to a struggling resale market, though a Realtor cautioned that assessed value and market value are different numbers.
Three-quarters of homes sold across Metro Vancouver and the Fraser Valley this year closed below assessed value, according to Zealty.ca, a B.C. real estate data platform. Records show 18,168 of 24,426 homes sold between Jan. 1 and Oct. 25 closed below their 2026 B.C. Assessment Authority valuation. Zealty.ca president Hamidreza Etebarian said that since July, more than four-in-five have sold for less.
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Majority of Metro Vancouver homes selling at below assessed value
The housing data is another example of the region's struggling residential resale market Skip to Content Subscribe FAQ My Account Manage My Subscriptions Our Offers News Local News Politics Health Local Health National True Crime Crime World Education Weather Podcasts BC Public Sector Salaries Database Archives Contact the Newsroom Sports Vancouver Canucks NHL PWHL More Hockey BC Lions CFL NFL Vancouver Whitecaps Soccer Baseball Basketball NBA Golf MMA Curling Tennis Auto Racing Arts Local Arts Music Theatre Festivals Books Celebrity Movies Television TV Listings Life Travel Local Travel Travel Canada Travel USA Travel International Cruises Travel Essentials Food Local Food Reviews Recipes Wine Country Salut! Savings Diet & Fitness Fashion & Beauty Vancouver Sun Run Vancouver Sun Run: Sign up & event info Parenting Relationships Advice Horoscopes Contests National Contests Special Sections International Women's Day 2026 National Indigenous Peoples Day VANCOUVER FALL HOME SHOW Opinion Columnists Letters Op-Ed Business Local Business Energy Real Estate Mortgages Commercial Real Estate Technology Gaming Internet Retail FP Markets Small Business BC Top Employers Lives Told Tails Told Shopping Vancouver Sun Store Homes Buying & Selling Condos Decorating Gardening Renovating Out of Town Properties Westcoast Homes & Design Magazine Westcoast Homes & Design Previous Issues Puzzmo Diver.