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Blog by Don Kennedy

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VANCOUVER EAST JULY HOUSE MARKET

Attached please find the latest statistics from Greater Vancouver Realtors.

 

The News Release laments the momentum that buoyed spirits in late spring stalled last month with July posting a 9.8 percent decrease in sales compared to July 2025. Softening the blow somewhat however is the slowdown of sellers coming to the market as year to year newly listed properties are down 11.6 percent. Total inventory this July is 4 percent lower than last July.  So even with depressed sales, pressure on prices stays fairly neutral as the composite value of all properties dips 6.2 percent July to July.

 

The graph shows a 1.2 percent decrease from June to July for the average price of Metro Vancouver detached properties. The benchmark price for houses in July 2026 is 7 percent below the previous July. Year to year the volume of detached home sales steps back 3.2 percent.

 

July 2026 east side house prices are down 8.7 percent from the previous July. Year over year Vancouver east detached sales rise 4.8 precent. July to July east side inventory is down 7.7 percent.

 

From June to July east side house sales drop 30.5 percent. Month to month east side inventory falls 26 percent.

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