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📊August Market Stats: Metro Vancouver’s Summer Market Ends with Slower Sales📊
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Home sales registered on the MLS® in Metro Vancouver declined 4.6% compared to August last year, marking the end of a summer season that underperformed the summer of 2025.

“Previously, we’ve noted that inventory levels have receded from their 2025 heights. This gradual decline, paired with slower-than-usual sales, has caused prices to drift downwards across all market segments, with the composite price index now down approximately 6% year over year,” Lis said. “Ample selection, softening prices, and stable mortgage rates are considered favorable buying conditions, but they haven’t been enough to bring many buyers off the sidelines. While the renewed trade tensions with the USA are an unwelcome distraction for the market, we still believe the main drivers of this soft market are the slowdown in immigration to our region, reduced investor demand, and mortgage rates that aren’t low enough to incentivize robust buying activity.”

As we transition from summer into the fall market, it will be interesting to see how activity responds. With many sellers traditionally waiting until after the Labour Day long weekend to list, we expect to see more inventory come to market. For buyers, current conditions may present some favourable opportunities.

🏡 Sales of detached homes totalled 557 in August, down 3.1% from 575 last year. The benchmark price is $1,799,400, down 7.2% year over year and 1.3% compared to July.

🏡 Sales of apartments totalled 891 in August, down 6.8% from 956 last year. The benchmark price is $686,200, down 6.6% year over year and 0.3% compared to July.

🏡 Sales of attached homes totalled 412 in August, up 0.7% from 409 last year. The benchmark townhouse price is $1,028,800, down 4.4% year over year and 0.2% compared to July.

Check out our latest blog post (link in bio) for a deep dive into current trends and sales data across key neighbourhoods.

Sold
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Congratulations to our clients on securing this absolute gem on 7th Heaven!

This one feels a little extra special for us. Scott and Amanda used to live on West 7th, so we know firsthand just how special this street is. Tucked into one of Vancouver’s most loved neighbourhoods, it truly is a little slice of heaven, and we can’t wait for our clients to call it home.

This home has been lovingly cared for by the same family since the building was built, and it shows in every detail. Our clients fell for exactly that, and they’re excited to carry that same care and history forward as they make it their own.

The summer months can be quieter in Vancouver real estate, with fewer new listings hitting the market. But every once in a while, a true gem comes along. We’re so happy we were able to recognize the opportunity and secure this one for our clients.

Cheers to our buyers, the sellers, and everyone involved in making this one come together!

📍202-725 W 7th Ave, Vancouver BC 

Offered at: $969,900
Interior: 1045 sqft.
Exterior: 46 sqft.
2 Bed
2 bath

2 Parking & 1 Storage Locker

The best opportunity isn’t always the one that shows up on MLS. 🏡
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When our clients are searching for something specific, we don’t just wait for a new listing to appear. We take a proactive approach.

That can mean reconnecting with owners of expired listings, reaching out to homeowners in specific buildings or neighbourhoods, leveraging our network of trusted Vancouver Realtors, or tapping into the relationships we’ve built over the years.

Not every conversation leads to a sale, but sometimes those conversations uncover opportunities that would have otherwise never existed. That’s one of the ways we help our clients expand their search beyond what’s publicly available.

If you’re struggling to find the perfect fit let’s talk about how we can expand the search beyond MLS.

📊 July 2026 Market Report 📊
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“Last month, we reported broad gains in home sales across all home types, raising the question of whether demand would continue to build into the summer. Instead, July sales were down nearly ten per cent, led by an 18 per cent drop in apartment sales, confirming to market watchers that the June momentum was not sustained,” said Andrew Lis, GVR chief economist and vice-president data analytics. 

New listings also dropped by 11% as fewer homeowners chose to bring their properties to market, particularly in the apartment segment. This is starting to reduce the overall supply of homes for sale, but inventory remains elevated compared to historical levels. With both buyers and sellers taking a more cautious approach, prices have remained relatively stable, suggesting the market is still balanced without strong pressure for prices to move significantly in either direction.

The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 2,061 in July 2026, a 9.8% decrease from the 2,286 sales recorded in July 2025. This was 18.6% below the 10-year seasonal average (2,532).

🏡 Sales of detached homes: totalled 639 in July, down 3.2% from 660 last year. The benchmark price is $1,822,900, down 7% year over year and 1.1% compared to June.

🏡 Sales of apartments: totalled 952 in July, down 17.8% from 1,158 last year. The benchmark price is $688,000, down 7.5% year over year and 1% compared to June.

🏡 Sales of attached homes: totalled 454 in July, down 1.1% from 459 last year. The benchmark townhouse price is $1,030,400, down 6% year over year and 1.5% compared to June.

Check out our latest blog post (link in bio) for a deep dive into current trends and sales data across key neighbourhoods.

Reasons we Love Cambie Village 🏡
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Cambie Village is one of those neighbourhoods that just gets better the more time you spend there.

Grab a coffee at JJ Bean, stroll through Queen Elizabeth Park, catch a game at Nat Bailey Stadium, then finish the day with dinner at Elio Volpe or June. Add in the Canada Line, tree-lined streets, and a true sense of community, and it’s easy to see why so many people love living here.

Whether you’re buying your first home, raising a family, or looking to downsize, Cambie Village offers a lifestyle that’s hard to beat.

If you have any questions about Cambie Village or the Vancouver neighborhoods, we’re always happy to help.

Price Improvement
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Now Offered at: $1,650,000

Welcome to Connaught Place, a beautifully renovated 3-level townhouse tucked away in the heart of Kerrisdale. Offering 1,954 sqft. of thoughtfully designed living space, this home combines the privacy of a detached home with the convenience of townhouse living.

The spacious main floor features generous living and dining areas, a cozy family room, and a well-appointed kitchen. Upstairs, both bedrooms include their own ensuite, while the standout feature is the incredible 782 sqft. private wraparound patio, perfect for entertaining or relaxing.

Quality upgrades include wide plank hardwood flooring, Bosch appliances, custom closets, electric blinds, Nest thermostat, and Alexa integration. The home also offers direct access to two side-by-side parking stalls and additional in-suite storage.

Located just steps from Kerrisdale Community Centre, the Arbutus Greenway, and the neighbourhood’s shops, cafés, and restaurants.

Interior: 1954 sq.ft.
Exterior: 782 sq.ft.
2 bed
2.5 bath

2 parking & In-Suite Storage

Have any questions or would like to book a private showing? Reach out!

Price Improvement
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Offered at: $589,000

Welcome to Kerrisdale Crest, a well-managed co-op on a quiet, tree-lined street in the heart of Kerrisdale. This top-floor, east-facing home offers 1,040 sqft. over two levels with bright, spacious living areas, hardwood floors, fresh paint, and updated appliances.

The main floor features a functional kitchen, generous living and dining space, a bedroom, and full bath. Upstairs, the private primary bedroom includes its own ensuite.

A rare private garage provides excellent parking and storage, with shared laundry and a guest suite for residents. Monthly fees include property taxes, heat, and hot water. As a co-op, there’s no Property Transfer Tax, Empty Homes Tax, or Speculation and Vacancy Tax. (19+ building, no pets, no elevator.)

The building has been well maintained with updated windows, roof, boiler, siding, and exterior paint. Just steps to Kerrisdale’s shops, cafés, and restaurants. Vacant and ready for quick possession.

Interior: 1040 sqft.
2 bed
2 bath
2 parking & In-Suite Storage 

Have any questions or would like to book a private appointment? Reach out!

✨Sold✨
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Congratulations to our sellers on the successful sale of their condo in Kitsilano! 

Selling a tenanted property today is very different than it was just a few years ago. There are MANY new rules, timelines, and legal considerations to navigate, making it more important than ever to have experienced guidance throughout the process.

In this case, we were fortunate to work with wonderful tenants who were cooperative every step of the way. With a clear plan, open communication, and teamwork from everyone involved, we were able to achieve a successful sale.

A big thank you to our clients for trusting us with the process. Congratulations on a great result!

📍308-2565 Maple St, Vancouver BC 

Offered at: $1,049,000
Interior: 922 sq.ft.
Exterior: 30 sq.ft.
2 Bed + Flex
2 bath

1 Parking & In-Suite Storage