What changed in Greater Vancouver’s housing market in August 2025?
Sales ticked up year over year while benchmark prices eased slightly month to month. Inventory remains elevated versus the 10-year seasonal average, keeping conditions close to balanced.
August at a glance
Sales: 1,959 homes sold in August 2025 (+2.9% YoY), still 19.2% below the 10-year seasonal average (2,424).
New listings: 4,225 (+2.8% YoY) and 1.3% above the 10-year seasonal average (4,172).
Active listings: 16,242 (+17.6% YoY) and 36.9% above the 10-year seasonal average (11,862).
Sales-to-Active Listings Ratio (SALR): 12.4% overall — Detached 9.3%, Townhome 15.8%, Apartment 14.0%. (Below ~12% often points to downward price pressure; sustained 20%+ can push prices up.)
Benchmark prices (MLS® HPI): Composite $1,150,400 (-3.8% YoY, -1.3% MoM). Detached $1,950,300 (-4.8% YoY, -1.2% MoM). Townhome $1,079,600 (-3.5% YoY, -1.8% MoM). Apartment $734,400 (-4.4% YoY, -1.3% MoM).
Average days on market: Detached 47, Townhome 36, Apartment...
