Greater Vancouver REALTORS® — June 2025 Market Summary Presented by Phil Chang PREC* of Rennie & Associates Realty


 📉 Overall Market Trends

  • Sales: 2,181 homes sold in June 2025 — down 9.8% YoY (from 2,418 in June 2024)
  • 25.8% below the 10-year June average (2,940 sales)
  • Sales decline halved compared to May — early signs of stabilization
  • New listings: 6,315 in June — up 10.3% YoY, and 12.7% above10-year average
  • Total active listings: 17,561 — up 23.8% YoY and 43.7% above10-year average

 📊 Sales-to-Active Listings Ratio (June 2025)

Overall: 12.8%
  •   Detached homes: 9.9%
  •   Townhomes (Attached): 16.9%
  •   Apartments: 13.9%
Balanced market conditions; prices generally sideways since Jan 2025
Ratios:
  •   <12%→ Downward price pressure;  >20%→ Upward price pressure

 💵 Benchmark Home Prices (June 2025)

All property types: $1,173,100 (↓ 2.8% YoY | ↓ 0.3% MoM)


By property type:

Detached homes:
  • Sales: 657 (↓ 5.3% YoY)
  • Price: $1,994,500 (↓ 3.2% YoY | ↓ 0.1% MoM)

Apartments:
  • Sales: 1,040 (↓ 16.5% YoY)
  • Price: $748,400 (↓ 3.2% YoY | ↓ 1.2% MoM)

Attached/Townhomes:
  • Sales: 473 (↑ 3.7% YoY)
  • Price: $1,103,900 (↓ 3.0% YoY | ↓ 0.3% MoM)



 🏙️ Regional Highlights – June 2025 Benchmark Prices (Selected Areas)

Greater Vancouver composite:

* $1,173,100 → ↓ 2.8% YoY | ↓ 0.4% MoM


Detached Homes:
  • Vancouver West: $3,399,000
  • Vancouver East: $1,831,800
  • Burnaby North: $2,131,900
  • Coquitlam: $1,750,600
  • Maple Ridge: $1,282,700
Townhomes:
  • North Vancouver: $1,352,100
  • Coquitlam: $1,096,600
  • Burnaby South: $1,075,70

Apartments:
  • Vancouver West: $824,500
  • North Vancouver: $817,600
  • New Westminster: $637,800
  • Maple Ridge: $514,600



 📈 Other Market Insights

  • Buyers benefiting from higher inventory and lower mortgage rates (~2% down YoY)
  • Detached and apartment prices trending slightly downward
  • Attached segment shows relative resilience in pricing and sales
advisor insight

Experience the difference of dedication...Connect with Rennie for unparalleled service.

Phil Chang
Personal Real Estate Corporation
advisor insight

Home sales registered on the Multiple Listing Service® (MLS®) in Metro Vancouver1 rose over thirty per cent in December, compared to the previous year, signalling strengthening demand-side momentum to close out 2024.

Phil Chang
Personal Real Estate Corporation
advisor insight

congratulations—your medallion club & rennie leaders recognition

Phil Chang
Personal Real Estate Corporation