August 2022 - Vancouver Real Estate Market Update: Still Alive!

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!)

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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