{"id":437,"date":"2025-07-09T07:00:00","date_gmt":"2025-07-09T14:00:00","guid":{"rendered":"https:\/\/rodrhearyan.com\/blog\/greater-vancouver-real-estate-market-june-2025-review-r3\/"},"modified":"2026-04-08T09:23:02","modified_gmt":"2026-04-08T16:23:02","slug":"greater-vancouver-real-estate-market-june-2025-review-r3","status":"publish","type":"post","link":"https:\/\/www.rodrhearyan.com\/blog\/greater-vancouver-real-estate-market-june-2025-review-r3\/","title":{"rendered":"Metro Vancouver June 2025 Market Update"},"content":{"rendered":"

GVR Market Review<\/strong><\/h2>\n

Home Sales Showing Stabilization — Inventory Still Elevated<\/strong><\/h2>\n

\"Vancouver<\/h2>\n

 Wondering what changed in Metro Vancouver’s real estate market last month?<\/strong><\/h3>\n

June’s Snapshot<\/strong><\/p>\n

The big news this month is an increase in sales through the Greater Vancouver area. 2,181 home sales<\/strong> were recorded in June—while that is still a 9.8% decline year-over-year, the drop was half<\/em> of May’s, signaling signs of stabilization. May 2025 had 18.5% fewer sales when compared to May 2024.<\/p>\n

Two thirds of the market remains statistically balanced<\/strong> (there is downward pressure on detached homes) despite the number of listings being 44% above the 10-year average and a 10.3% increase over last June. Summer usually marks a market slow down, however the first six months of 2025 has been out of character and if June’s trajectory continues, we may finally be heading towards a busy market which will see supply driven down.<\/p>\n

•••<\/h3>\n

Let’s break down the numbers and what they mean for you.<\/strong><\/h3>\n

 <\/p>\n

Market at a Glance<\/strong><\/h3>\n

 <\/p>\n

Sales Activity:<\/strong><\/p>\n

    \n
  1. 2,418 residential sales in June 2025<\/li>\n
  2. Down 9.8% from June 2024<\/li>\n
  3. 47 less sales compared to May 2025<\/li>\n
  4. 25.8% below the 10-year average<\/li>\n<\/ol>\n

    New Listings:<\/strong><\/p>\n

      \n
    1. 6,215 properties listed in June 2025<\/li>\n
    2. Up 10.3% from June 2024<\/li>\n
    3. 12.7% above the 10-year seasonal average<\/li>\n<\/ol>\n

      Total Active Listings:<\/strong><\/p>\n

        \n
      1. 17,561 homes on the market<\/li>\n
      2. Up 23.8% from June 2024<\/li>\n
      3. 43.7% higher than the 10-year average<\/li>\n<\/ol>\n

        MLS® HPI Composite Benchmark Price:<\/strong><\/p>\n

          \n
        1. $1,173,100<\/li>\n
        2. Down 2.8% year-over-year<\/li>\n
        3. Down 0.3% from May 2025<\/li>\n<\/ol>\n

          Despite the headline Greater Vancouver still favors buyers. Progress is being made but the number of listings is still historically high.<\/strong><\/p>\n

          Prices remain relatively stable. Number of new listings continues to trend upwards.<\/strong><\/p>\n

          •••<\/h3>\n

           Sales-To Active Listing Ratio June 2025<\/strong><\/p>\n

          \"sales<\/p>\n

          Data suggests downward pressure on home prices occurs when the ratio dips below 12 per cent for a sustained period, while home prices often experience upward pressure when it surpasses 20 per cent over several months.<\/p>\n

          •••<\/h3>\n

          Breaking Down the Property Types<\/strong><\/h3>\n

          Detached Homes<\/strong><\/p>\n

            \n
          1. 657 sales in June 2025<\/li>\n