If June gave us a hint that the Metro Vancouver market was finding its footing again, then July just confirmed it—sales activity is picking up, and signs of a rebound are becoming clearer. With the Bank of Canada holding steady on interest rates last month, there’s been a boost in confidence for both buyers and sellers. In a time when global uncertainty (hello, trade talks!) still lingers, stable borrowing conditions are a welcome relief.

Let’s dive into what the latest July numbers tell us:

Detached Homes

• Sales: 660 homes sold
  ⬇️ Down 4.1% from July 2024 (688 sales)

• Price: Benchmark at $1,974,400
  ⬇️ Down 3.6% year-over-year
  ⬇️ Down 1% from June 2025

Detached home sales softened slightly, but pricing remains relatively stable. If you’re a buyer waiting for more breathing room, this could be your moment.

Apartments / Condos

• Sales: 1,158 sold
  ⬇️ Down 2.9% year-over-year

• Price: Benchmark at $743,700
  ⬇️ Down 3.2% annually
  ⬇️ Down 0.6% from June

While sales dipped slightly, apartment homes remain a hot segment thanks to their accessibility and lifestyle appeal—especially for first-time buyers and investors.

Attached / Townhomes

• Sales: 459 homes sold
  ⬆️ Up 5% from July 2024

• Price: Benchmark at $1,099,200
  ⬇️ Down 2.3% year-over-year
  ⬇️ Down 0.4% from June

Townhomes are showing the strongest momentum, with sales climbing and prices holding relatively firm. Families and upsizers are clearly on the move!

Inventory & Buyer Outlook

With around 17,000 homes currently listed across the region, buyers still have a strong selection to choose from. Balanced inventory is helping to temper price growth, at least for now.

But here’s the key: if demand keeps rising and listings don’t keep up, we could be heading into a more competitive market—with sellers gaining back some leverage.

What This Means for You

✅ Buyers: Now is a great time to act—prices are steady, selection is solid, and borrowing conditions are stable.

✅ Sellers: If you’ve been waiting for the right time to list, keep a close eye on inventory. The balance is shifting, and you may soon be in a stronger position.

Have questions or want to explore your next move?
Let’s connect! Whether you’re buying, selling, or investing, we’ll guide you through every step with clarity and confidence.

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

Listings  | Selling a Home  | Home Evaluation  | Moving to BC  | Investors 

Market Statistics  | Customized Market Insights