Courtesy of Natalie King
Sales Recovery Continues in July
$743,700 apartment DOWN 3.2% year-to-year
$1,974,400 detached DOWN 3.6% year-to-year
BENCHMARK PRICES
$1,099,200 attached DOWN 2.3% year-to-year
17,168 ACTIVE LISTINGS 2,286 SOLD LISTINGS
detached 660 1,158 apartment
detached 6,483 7,263 apartment
40.5% SALES TO NEW LISTING RATIO
42 DAYS ON MARKET (detached)
7.1 MONTHS OF INVENTORY
5,642 NEW LISTINGS
The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $1,165,300. This represents a 2.7 per cent decrease over July 2024 and a 0.7 per cent decrease compared to June 2025. Sales of detached homes in July 2025 reached 660. The benchmark price for a detached home is $1,974,400. Sales of apartment homes reached 1,158 in July 2025. The benchmark price of an apartment home is $743,700. Attached home sales in July 2025 totalled 459. The benchmark price of a townhouse is $1,099,200. Statistics reflect market activity in July 2025 | Source: Greater Vancouver REALTORS ® (GVR) | Market values stated are of the benchmark of Vancouver and surrounding region. Individual home market values will vary and are affected by factors such as location, size, interior and exterior condition. Please call to get an up-to-date evaluation of your home.
VANCOUVER, B.C. – August 5, 2025 – The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 2,286 in July 2025. “The June data showed early signs of sales activity in the region turning a corner, and these latest figures for July are confirming this emerging trend,” said Andrew Lis, GVR’s director of economics and data analytics. “Although the Bank of Canada held the policy rate steady in July, this decision could help bolster sales activity by providing more certainty surrounding borrowing costs at a time where economic uncertainty lingers due to ongoing trade negotiations with the USA.” The total number of properties currently listed for sale on the MLS ® system in Metro Vancouver is 17,168.
Natalie King Real Estate Agent Direct: 778-870-4323 | natalieking@live.ca www.NatalieKingHomes.com
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