After a slow start to the year, the Vancouver real estate market is showing early signs of stabilization. Here's your monthly breakdown with key statistics, trends, and what it means for buyers and sellers.
🏡 Home Sales Showing Signs of Recovery
2,181 homes sold in June 2025, down 9.8% year-over-year, but a notable improvement from May's performance.
Still 25.8% below the 10-year seasonal average, yet the decline has halved compared to the previous month.
"Sales activity is rounding the corner. If momentum continues, we could see year-over-year increases soon." — Andrew Lis, GVR
📅 More Listings, More Choices
6,315 new listings in June — up 10.3% from June 2024
17,561 active listings in total — up 23.8% year-over-year
Inventory is now 43.7% above the 10-year seasonal average
This means buyers have more options than they’ve had in years, especially with mortgage rates down 2% since last summer.
⚖️ Balanced Market Conditions
Sales-to-active listings ratio: 12.8%
Detached: 9.9%
Townhomes: 16.9%
Condos: 13.9%
Generally, below 12% suggests downward pressure on prices, while above 20% pushes prices up. The current trend suggests stable, balanced market conditions.
📈 Benchmark Prices
Property Type | Price | YoY Change | MoM Change |
---|---|---|---|
Detached | $1,994,500 | ⬇️ 3.2% | ⬇️ 0.1% |
Townhomes | $1,103,900 | ⬇️ 3.0% | ⬇️ 0.3% |
Apartments | $748,400 | ⬇️ 3.2% | ⬇️ 1.2% |
Prices remain relatively flat month-over-month, signaling ongoing stability.
📊 Visual Market Insights
Sales by Property Type: June 2024 vs. June 2025
Benchmark Prices by Property Type
🔍 What This Means for You
With more inventory and slightly lower borrowing costs, it's a good time for buyers to explore opportunities. Sellers in balanced market segments may need to price competitively but can still attract serious interest.
✉️ Ready to Make a Move?
If you're thinking of buying, selling, or investing in Metro Vancouver, let's talk about your goals and the best strategy for today's market.
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