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

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Phil Chang
Personal Real Estate Corporation