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Vancouver home sales tick 2% lower in July, but market is turning a corner: real estate board

  • Vancouver-Area home sales dropped 2% in July compared to last year, according to the city's real estate board.
  • Andrew Lis, the board's director of economics and data analytics, stated that the market shows early signs of recovery after slow activity.
  • Total active listings in Vancouver rose 19.8% year-over-year to reach 17,168 in July.
  • Sales of detached homes decreased by 4.1% year-over-year, while apartment sales declined by 2.9%, indicating a relatively balanced supply and demand.
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Bowen Island UndercurrentBowen Island Undercurrent
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Vancouver home sales tick 2% lower in July with market 'turning a corner': board

Vancouver-area home sales were down two per cent in July compared with last year, as the city's real estate board says it continues to believe the market is showing early signs of recovery.

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  • 64% of the sources lean Left
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City News broke the news in Toronto, Canada on Tuesday, August 5, 2025.
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