Greater Vancouver July 2023 Market Update
Residential Home Sales
July was a busy month for home sales throughout the lower mainland, which pushed home prices up across all home types throughout Metro Vancouver*, adding pressure on local inventory levels.
The Real Estate Board of Greater Vancouver (REBGV) reported that residential home sales across the region totalled 2,455 last month – 28.9% up from the 1,904 sales recorded in the same month last year. This figure sat at 15.6% below the 10-year seasonal average (2,909).
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.