Courtesy of Aileen Noguer

Home sale trend stabilizing in June

$748,400 apartment DOWN 3.2% year-to-year

$1,994,500 detached DOWN 3.2% year-to-year

BENCHMARK PRICES

$1,103,900 attached DOWN 3.0% year-to-year

17,561 ACTIVE LISTINGS 2,181 SOLD LISTINGS

detached 657 1,040 apartment

detached 6,650 7,456 apartment

34.5% SALES TO NEW LISTING RATIO

36 DAYS ON MARKET (detached)

8.0 MONTHS OF INVENTORY

6,315 NEW LISTINGS

The MLS ® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $1,173,100. This represents a 2.8 per cent decrease over June 2024 and a 0.3 per cent decrease compared to May 2025. Sales of detached homes in June 2025 reached 657. The benchmark price for a detached home is $1,994,500. Sales of apartment homes reached 1,040 in June 2025. The benchmark price of an apartment home is $748,400. Attached home sales in June 2025 totalled 473. The benchmark price of a townhouse is $1,103,900. Statistics reflect market activity in June 2025 | Source: Greater Vancouver REALTORS ® (GVR) | Market values stated are of the benchmark of Vancouver and surrounding region. Individual home market values will vary and are affected by factors such as location, size, interior and exterior condition. Please call to get an up-to-date evaluation of your home.

Vancouver, July 3, 2025: The Greater Vancouver REALTORS ® (GVR) reports that residential sales in the region totalled 2,181 in June 2025. “On a trended basis, signs are emerging that sales activity is rounding the corner after a challenging first half to the year, with the year-over-year decline in sales in June halving the decline we saw in May,” said Andrew Lis, GVR’s director of economics and data analytics. “If this momentum continues, it may not be long before sales are up year-over-year, which would mark a shift toward a market with more demand than the unusually low demand we’ve seen so far this year.” The total number of properties currently listed for sale on the MLS ® system in Metro Vancouver is 17,561.

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