Metro Vancouver’s housing market is experiencing a quieter summer season marked by reduced sale and listing activity.

With inflationary pressure and interest rates on the rise, home buyer and seller activity shifted below our long-term seasonal averages this summer. This shift in market conditions caused prices to edge down over the past four months.

Here's a summary of the August 2022 housing market statistics.

Looking for the full story? Get the August 2022 Monthly Market Report by going to the Market Watch section of our site.