Vancouver-area home sales drop nearly 10% in July as summer demand slows: board
Vancouver's real estate board says the region saw a nearly 10 per cent drop in home sales in July compared with a year ago, erasing June's gains that kicked off the summer.
Greater Vancouver Realtors says there were 2,061 home sales last month, 9.8 per cent lower than July 2025. This was also 18.6 per cent below the 10-year seasonal average. The composite benchmark price for all types of residential properties in Vancouver was $1,088,800, a 6.2 per cent decline from July 2025 and a 0.9 per cent dip from June 2026. There were 4,991 new listings on the market last month, down 11.5 per cent year-over-year but matching the 10-year average. Meanwhile, total inventory fell four per cent annually to 16,476, which was 26.8 per cent above the long-term average.
Read More →
 | Client Care Coordinator Kim works hard behind the scenes ensuring a hands on, stress free, white-glove home buying and selling experience. Her energy, attention to detail, and genuine care for every client makes her an irreplaceable part of your real estate journey. Meet Kim → |
Mortgage Corner Scotia Mortgage Rates Current as of August 2026 • Prime Rate: 4.45% |  |
 | Kirk Slaght Home Financing Advisor Scotiabank |
For mortgage questions, I always point my clients to Kirk Slaght at Scotiabank — he knows his stuff and takes care of people. Whether you're a first-time buyer, moving up, refinancing, or renewing, reach out to Kirk directly and he'll find the right solution for your situation.
Whether you're thinking about buying or selling, these guides walk you through everything you need to know about the process in today's market.
 Home Buyers Guide → |  Home Sellers Guide → |
100–2429 152 Street, Surrey, BC V4P 1N4
604.839.3373
Listing information is deemed reliable but not guaranteed. Not intended to solicit properties currently listed for sale.
*Personal Real Estate Corporation
