We saw housing sales volumes across Greater Vancouver decrease for the 4th consecutive month.
We're seeing volumes going back to early 2019 levels with total listings on market remaining very constrained - 17% below the 10-year average listings count for July. Homes priced right and presented well are still selling (sometimes in multiple offers too!)
Sales:
Down 43% from July 2021
Down 23% from June 2022
Down 35% below 10-year July sales average
New Listings:
Down 9.5% from July 2021
Down 25% from June 2022
Watch to find out more about current market observations for home sellers and buyers in the current real estate market.
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