Vancouver Real Estate Market Update For September 2022!

A 40.7 percent decrease from the sales recorded in August 2021, and a 0.9 percent decrease from the homes sold in July 2022. Find out what it all means in the Vancouver real estate market update for September 2022.


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

The Real Estate Board of Greater Vancouver reports that residential home sales in the region totalled saw a 40.7 percent decrease from the sales recorded in August 2021, and a 0.9 percent decrease from the homes sold in July 2022.

Last month’s sales were 29.2 percent below the 10-year August sales average.

I’m Craig Veroni. Your local real estate agent here in Vancouver, BC. Hit that subscribe button for more great content about everything you need to live, love, and own here in Vancouver.

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.

Home buyers and sellers are taking more time to assess what this changing landscape means for their housing needs. Preparation is critical in today’s market. Whether you’re a buyer or seller right now, with your Realtor to assess what today’s home prices, financing options, and other considerations mean for you.

If you want to stay on top of the market, whether you’re buying or selling a home, knowledge is key and the Snap Stats market reports are a fantastic way to arm yourself with tons of knowledge on your market area.

These reports are, in my opinion, the best out there.

To download the full market reports simply click on the images below to get the Metro Vancouver, Greater Vancouver, or, Fraser Valley reports.

If you’re watching this on Youtube, Instagram, or Facebook, down in the description section is a link to a sample report which I send to my clients on a monthly basis. Feel free to review that and if it’s something you find of value, and trust me you’re going to love these reports, you can simply fill out your name and email address to start receiving the reports immediately.