Vancouver Real Estate, Market Summary - July 2022
July 2022 Key Statistics & Summary Link
AVERAGE HOME PRICE INDEX: $1,207,400
MEDIAN DAYS ON MARKET: 12
SALES-TO-ACTIVE RATIO: 18% (Balanced Market)
“Home buyers are exercising more caution in today’s market in response to rising interest rates and inflationary concerns. This allowed the selection of homes for sale to increase and prices to edge down in the region over the last three months.”