Vancouver Real Estate Market Update – July 2025
Home Sales: 2,286 (-2% YoY)
New Listings: 5,642 (+0.8% YoY)
Total Listings: 17,168 (+19.8% YoY)
Benchmark Price: $1.165M (-2.7% YoY, -0.7% MoM)
Market Insights:
Sales-to-active listings ratio: 13.8% → Balanced market
Detached home price: $1.974M (-3.6% YoY)
Apartment price: $743K (-3.2% YoY)
Attached home price: $1.099M (-2.3% YoY)
2025 Outlook:
Sales activity showed signs of recovery in June, with July data confirming the upward trend. The Bank of Canada’s decision to hold rates steady may boost buyer confidence amid ongoing trade uncertainty. New listings remained stable, keeping MLS® inventory at around 17,000 homes—providing ample choice for buyers. As the market rebounds, this balanced supply is expected to keep prices steady in the short term.
If you’re navigating the Maple Ridge, Pitt Meadows, or Greater Vancouver real estate market, Team Telep is here to help. Contact us for a no-obligation consultation to discuss your real estate goals.
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
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