INFOGRAPHICS: July 2025 VIREB Vancouver Island Market Reports

HOUSING MARKET WEATHERING ECONOMIC CROSSWINDS

The Vancouver Island Real Estate Board (VIREB) recorded 806 unit sales (all property types) in July 2025, up 10 per cent from one year ago. Year-over-year active listings (all property types) were 4,512, up one per cent from the previous year.

In the single-family category (excluding acreage and waterfront), 420 homes sold in July, up 16 per cent from one year ago and down 11 per cent from June. Sales of condo apartments last month came in at 71, a decrease of 17 per cent year over year and down eight per cent from June. In the row/townhouse category, 95 units changed hands in July, down three per cent from one year ago and an increase of two per cent from June.

Active listings of single-family homes were 1,483 last month compared to 1,596 in July 2024. VIREB’s inventory of condo apartments was 424 in July, down from the 455 listings posted one year ago. There were 354 row/townhouses for sale last month compared to 342 in July 2024.

Read the full report on VIREB website!

The following data is a comparison between July 2025 and July 2024 numbers, and is current as of August of 2025. Click here to check out last month’s infographics.

You can also view all our VIREB infographics by clicking here.

Download Printable Version – July 2025 VIREB Market Report

Last Updated on September 8, 2025 by myRealPage