What happened in August 2022 in the Greater Vancouver Housing Market?

Sales are down 40.7% from August 2021

New listings down 17.5% compared to August 2021

Total listings on the market down 7.3% compared to August 2021

Sales 29.2% below the 10 year average for August

Detached Market

• Benchmark price up 7.9%
• 12.2% sales to active ratio

Townhome Market

• Benchmark price up 12.7%
• 25.3% sales to active ratio

Condo Market

• Benchmark price up 8.7%
• 24.8% sales to active ratio