Image: Mike Vanden Bosch / Pattison Media / A home for sale in Chilliwack as pictured on Wednesday, August 

By Mike Vanden Bosch

Chilliwack real estate sales

Chilliwack home sales show signs of momentum after weak start to 2025: CADREB president

Aug 13, 2025 | 11:49 AM

CHILLIWACK — The president of the Chilliwack and District Real Estate Board says home sales are showing some signs of rebounding after a weak start to 2025.

According to a news release from CADREB, 211 homes changed hands in July 2025, a drop of 9.4 per cent from July 2024. As a whole, home sales were 4.5 per cent below the 5-year average.

On a year-to-date basis, home sales totaled 1,462 units over the first seven months of the year, a sharp drop of 15.7% from the same period in 2024.

“Sales activity plunged on a monthly basis in the first half of the year as fallout from the tariff chaos took hold, but it seems that the housing market has shaken that off and is coming back to life,” said Emily Vernon, president of the Chilliwack and District Real Estate Board. “The past two months have marked a significant reversal in momentum. Although sales are still trending just below their average levels for this time of year, we’re no longer looking at the double-digit declines we saw in the first five months of 2025. An accompanying decline in new supply has supported a strengthening of the market balance, which no longer sits in buyer’s territory.”

The benchmark price for single-family homes was $926,600, a modest gain of 2.3 per cent compared to July 2024. By comparison, the benchmark price for townhouse/row units was $627,000, nearly unchanged, down only 0.3 per cent compared to a year earlier, while the benchmark apartment price was $419,300, a minor decrease of 1.8% from year-ago levels.

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New listings inventory saw a modest drop of 3.5 per cent from July 2024. There were 490 new residential listings in July 2025.

CADREB is an association of 374 realtors serving Chilliwack, Agassiz, Cultus Lake, Hope, Boston Bar and Harrison.