VANCOUVER EAST AUGUST HOUSE MARKET
Attached please find the latest statistics from Greater Vancouver Realtors.
The News Release reports lower expectations among Sellers prompting a pricing ease in August. As a result, increased transaction volume with Buyers is noted. With an average amount of new listings, the inventory built up during the challenging first part of 2025 is expected to continue diminishing - and that includes higher end properties. This August recorded a 2.9 percent increase in residential sales compared to last August. Year to year newly listed properties are up 2.8 percent while last month’s total inventory is 17.6 percent higher than August 2024. The composite value of all properties is 3.8 percent lower August to August.
The graph shows a 7 percent drop from July to August for the average price of Metro Vancouver detached properties. The benchmark price for houses in August 2025 is 4.8 percent below the previous August. Year to year the volume of detached home sales rises 13 percent.
August 2025 east side house prices are 4.5 percent below those of the previous August. Year over year Vancouver east detached sales surge 46.7 percent. August to August east side inventory dips 3.4 percent.
From July to August east side house sales pick up 4.8 percent. Month to month east side inventory is down 27.3 percent.