Vancouver’s mid-luxury housing market showed signs of renewed activity in June, according to a new report from Engel & Völkers.
The company’s 2025 Mid-Year Canadian Luxury Real Estate Market Report, released last week, found a steady increase in the number of homes sold in Vancouver between $1 million and $4 million during the first half of 2025.
Homes priced between $1 million and $2 million were the most active segment, with 547 units sold in June—mostly detached and semi-detached houses.
Detached sales in this price range rose four per cent year-over-year, with an average price of $1.54 million.
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