What happened in July 2022 in the Greater Vancouver Housing Market?

Sales are down 43.% from July 2021

New listings down 9.5% compared to July 2021

Total listings on the market up 4.4% compared to July 2021

Sales 35.2% below the 10 year average for July

Detached Market

• Benchmark price up 11%
• 11.8% sales to active ratio

Townhome Market

• Benchmark price up 15.8%
• 20% sales to active ratio

Condo Market

• Benchmark price up 11.4%
• 24.5% sales to active ratio