Greater Vancouver Real Estate Market Update – June 2025

Greater Vancouver Real Estate Market Update – June 2025

Market Summary:

The Greater Vancouver real estate market remained relatively flat in June compared to May. As we head into the summer months, activity is typically slower — and this year is no exception. July and August are expected to stay quiet.

On the economic front, some uncertainty remains around U.S. trade policy, with tariffs expected to be announced soon. However, once finalized, this may bring more clarity to the market. Job losses are anticipated in Q3, which could pressure the Bank of Canada to lower interest rates — a potential boost for mortgage affordability.

Key factors to watch in the coming months:

• The real impact of upcoming U.S. tariffs

• Job market trends and overall economic performance in Q3

• How many times (and how soon) the Bank of Canada may cut interest rates

Below you can see detailed statistics for each individual city in Greater Vancouver and Fraser Valley for June 2025:

Note: The Sales-to-Active Ratio (SAR) is a key indicator showing the level of market activity. It compares the number of property sales to the total number of active listings.

• Buyer's Market: SAR below 12%

• Balanced Market: SAR between 12% and 20%

• Seller's Market: SAR above 20%
  
  

Understanding SAR helps you determine if it’s a good time to buy or sell based on local market conditions. Feel free to reach out if you'd like help interpreting the data or planning your next move!

Smart Moves in Today’s Market

Thinking of moving?

While we can’t control the market, we can plan strategically.

Considering upsizing your home?

Now may be a great time. Many sellers are open to “subject to sale” offers, giving you flexibility to find the right home while selling your current one. Let’s chat about how to make it work for you.

Owning multiple properties and not sure what to do?

Since the market peak in 2022, we’ve shifted from an uptrend to a downtrend. If you're holding out for 2022 prices, you may be waiting a long time. Let’s explore your options and create a plan that aligns with today’s reality.

First-time buyer?

Be cautious—many listings are still overpriced. I can help you identify the properties that are truly well-priced and negotiate to get you the best possible deal.

📞 Give me a call and let’s discuss the best strategy for your real estate goals.

Our Featured Listing of the Month: CLICK HERE!