VANCOUVER WEST 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.
Last month versus July 2025, Vancouver west detached prices decline 7.4 percent. West side house sales are up 18.1 percent year to year. Inventory is down 10.3 percent this July compared to the previous July.
From June to July west side house sales recede 14.1. Month to month detached inventory falls 34.3 percent.