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Metro Vancouver Market Update – August 2025
August brought steady activity across Metro Vancouver as both buyers and sellers continued to adjust to evolving market conditions. While home prices eased slightly, sales activity picked up, creating more opportunities for buyers.
Detached Homes
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575 sales (+13% year-over-year)
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$1,950,300 benchmark price (-4.8% year-over-year)
Apartment Homes
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956 sales (-5.5% year-over-year)
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$734,400 benchmark price (-4.4% year-over-year)
Townhomes (Attached)
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409 sales (+10.5% year-over-year)
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$1,079,600 benchmark price (-3.5% year-over-year)
Market Overview
Active listings remain steady at approximately 16,242, giving buyers more selection while helping maintain a balanced pace of sales. With prices softening modestly and sales activity showing resilience, the Metro Vancouver market continues to move toward a healthier balance as buyer and seller expectations align.
What This Means for Buyers
With more listings on the market and prices easing slightly, buyers have greater choice and less pressure compared to last year. The modest dip in benchmark prices, especially in detached homes and townhomes, may create opportunities to purchase at more favorable terms. However, well-priced homes are still moving quickly, so being prepared with financing and a clear strategy is key.
What This Means for Sellers
For sellers, the market is still active with steady sales, but buyers are more price-sensitive. Homes that are well-presented, accurately priced, and marketed effectively are attracting strong interest. The good news: increased sales activity shows that motivated buyers are out there, especially for detached homes and townhomes, which saw notable year-over-year sales growth.
ABOUT ANNA LITVAK JOSEPH
Anna is a licensed REALTOR® based in Greater Vancouver and providing trading real estate services across Metro Vancouver, Greater Vancouver, Fraser Valley & Kelowna. Anna has an impressive track record and a wealth of experience in all the aspects of the real estate industry. As a full-time REALTOR®, Anna is dedicated to providing her clients with top-notch service, expert advice, and outstanding results in their real estate transactions. Anna emphasizes the importance of building valuable relationships and ensuring client satisfaction from the initial thoughts of making a move and through the home ownership journey. Her customer-centric approach is fundamental to her business philosophy.
With over 15 years of sales experience & entrepreneurship, Anna brings a high level of professionalism, customer service, and integrity to her real estate career. Anna’s outstanding performance in real estate is underscored by her impressive achievements. She qualified as a Medallion Club Member in 2018, 2019, 2020, 2021, 2022, 2023 and 2024 placing her among the top 10% of real estate agents in Greater Vancouver. Anna has worked hard to gain numerous 5 star testimonials, and is being featured in several publications year over year, including Vancouver Excellence in Real Estate, Top agent Magazines, and more. Anna is also highly ranked in multiple cities across RATE-MY-AGENT.
Anna’s professionalism, expertise and knowledge is the reason why the majority of her business today consists of referral or repeat customers.
About the team: The Anna Litvak Joseph Team at BC Prime Realty is a full-service real estate team that has grown over the years to a trusted brand that provides service to thousands of happy buyers and sellers.
Their dedication has been acknowledged with the prestigious Medallion Club award in 2020, 2021, 2022, 2023 and 2024, highlighting their excellence as one of the top 10% teams among real estate groups in Greater Vancouver.
The Anna Litvak Joseph Team values diversity and relationship, therefore they follow client- centric approach, making it stress-free journey throughout their real estate experience.
The Anna Litvak Joseph Team is truly passionate about their mission of deliver excellence in Real Estate by building long term relationships. Their professionalism, expertise and knowledge is the reason why the majority of their business consists of referral or repeat customers.
MEET TEAM MEMBERS
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), 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 GVR, 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 GVR, the FVREB or the CADREB.
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