June 2025 Market Update

🏡 Vancouver Real Estate Market Update – June 2025 📊

🔹 Home Sales: 2,181 (-9.8% YoY)

🔹 New Listings: 6,315 (+10.3% YoY)

🔹 Total Listings: 17,561 (+23.8% YoY)

🔹 Benchmark Price: $1.173M (-2.8% YoY, -0.3% MoM)

📉 Market Insights:

▪️ Sales-to-active listings ratio: 12.8% → Balanced market

▪️ Detached home price: $1.994M (-3.2% YoY)

▪️ Apartment price: $748K (-3.2% YoY)

▪️ Attached home price: $1.103M (-3% YoY)

📊 2025 Outlook:

After a slow start to the year, Metro Vancouver MLS® home sales are showing signs of recovery. June sales were down 10% year-over-year, half the decline seen in May—pointing to a possible turnaround as buyer demand begins to strengthen.

If you’re navigating the Maple Ridge, Pitt Meadows, or Greater Vancouver real estate market, Telep Team is here to help. Contact us for a no-obligation consultation to discuss your real estate goals.