Home sales in the Greater Vancouver area saw a modest increase in August, rising 2.9% compared to the same month last year, signaling a slow but steady rebound in the housing market.
According to Greater Vancouver Realtors, a total of 1,959 homes were sold in August 2025, up from 1,904 in August 2024. Despite the year-over-year growth, sales remained 19.2% below the region’s 10-year seasonal average.
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Andrew Lis, Director of Economics and Data Analytics at the board, noted that sales of detached and attached homes grew by more than 10% over the past year. This indicates that higher-end buyers are returning to the market in greater numbers.
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The number of newly listed properties reached 4,225 in August — a 2.8% increase compared to the same time last year. Meanwhile, total active listings climbed 17.6% year-over-year, reaching 16,242.
The composite benchmark home price in the region stood at $1,150,400 in August, representing a 3.8% decrease from August 2024 and a 1.3% decline from July 2025.
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