🏡 Metro Vancouver Real Estate Update – July 2025: Sales Recovery Gains Momentum 📈

Homebuyers and sellers in Metro Vancouver are watching closely: July 2025 brings encouraging signs of a market recovery.

✨ Key Highlights:

• Residential sales on the MLS® reached 2,286 units in July 2025, just a 2% decline from 2,333 in July 2024—a notably tight gap compared to earlier in the year.

• Still 13.9% below the 10-year seasonal average of 2,656.

• 5,642 properties were newly listed in July 2025—slightly up 0.8% year-over-year and 12.4% above the 10-year average of 5,018.

• Total active listings stood at 17,168, up 19.8% year-over-year and a hefty 40.2% above the 10-year seasonal norm of 12,249.

📊 Sales-to-Active Listings Ratio & Market Balance

Despite the slowdown earlier this year, the sales-to-active listings ratio for July sits at 13.8%, with breakdowns by property type:

• 🏠 Detached homes: 10.2%

• 🏘 Attached homes (townhouses): 16.7%

• 🏢 Apartments: 15.9%

Historically, ratios below 12% suggest downward pressure on prices, while sustained ratios above 20% indicate upward pressure. At 13.8%, the market is in a balanced zone—favorable for buyers, although continued sales recovery could tighten conditions.

💰 Benchmark Price Trends

The MLS® Home Price Index composite benchmark for all residential properties in Metro Vancouver is $1,165,300, marking a 2.7% decrease year-over-year and 0.7% month-over-month decline from June.

By property type:

• 🏡 Detached homes: $1,974,400 — down 3.6% YoY and 1% MoM.

• 🏢 Apartments: $743,700 — down 3.2% YoY and 0.6% MoM.

• 🏘 Townhouses: $1,099,200 — down 2.3% YoY and 0.4% MoM.

🔍 What the Data Means for You

For Buyers:

• ✅ Conditions remain favorable—plenty of choice and balanced pricing.

• 🕒 Still time to negotiate, inspect, and benefit from the current supply.

For Sellers:

• 📈 A possible uptick in buyer activity may gradually shift leverage.

• 🎯 Pricing and presentation will be crucial to stand out as competition persists.

Economic Outlook:
With the Bank of Canada holding interest rates steady in July, borrowing cost stability may boost confidence—particularly during ongoing economic uncertainties.

📋 Summary Table

📞 Stay Informed — Let’s Talk About Your Real Estate Goals!

Whether you're navigating the market as a buyer or seller, it’s all about timing, local insight, and strategy.

Contact me today for personalized guidance:
Tara Kennedy – REALTOR®
📱 236-992-8989
📧 TaraKennedySells@gmail.com
🌐 www.TaraKennedy.ca

#MetroVancouverRealEstate #VancouverHousingMarket #MLSStatsJuly2025 #HomeSalesRecovery #HousingInventory #RealEstateUpdate #BuyerMarket #SellerStrategy #VancouverHomes #CoquitlamRealEstate #PortCoquitlam #PortMoodyHomes