July 2023 Market Stats – GVA

Greater Vancouver Housing Market Shows Resilience with Monthly and Yearly Gains

REBGV Market Activity – July 2023

The Greater Vancouver housing market has continued to exhibit strong growth, experiencing both monthly and yearly gains in property values. In July, the average property sold price reached $1,273,763, demonstrating a monthly increase of $3,144 and an impressive yearly gain of $67,260. Despite the persistent challenge of low inventory, there were 9,369 active listings in July, which is 312 more than the total in June. Notably, the number of newly active listings in July surpassed the previous year by… more