August 2025 Market Update

Vancouver Real Estate Market Update – August 2025

Home Sales: 1,959 (-2.9% YoY)

New Listings: 4,225 (+2.8% YoY)

Total Listings: 16,242 (+17.6% YoY)

Benchmark Price: $1.150M (-3.8% YoY, -1.3% MoM)

Market Insights:

Sales-to-active listings ratio: 12.4% → Balanced market

Detached home price: $1.950M (-4.8% YoY)

Apartment price: $734K (-4.4% YoY)

Attached home price: $1.079M (-3.5% YoY)

2025 Outlook:

August sales numbers show that Metro Vancouver’s housing market is slowly bouncing back after a tough first half of the year. Detached and attached home sales are up over 10% compared to last August, which suggests more buyers are stepping back into higher price ranges. Prices have dipped about 2% since January and 1% from July to August, showing that sellers are adjusting their expectations. With buyers and sellers more in sync, sales activity has started to pick up.

If you’re navigating the Maple Ridge, Pitt Meadows, or Greater Vancouver real estate market, Team Telep is here to help. Contact us for a no-obligation consultation to discuss your real estate goals.