Vancouver home sales fall 10% in June

22-Jul-2025

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Vancouver-area home sales decreased 9.8 per cent in June but the city’s real estate board says that could signal a potential recovery after larger year-over-year declines in previous months.

Greater Vancouver Realtors said residential sales in the region totalled 2,181 last month, down from the 2,418 sales recorded in June 2024 and roughly 25 per cent below the 10-year seasonal average.

There were 6,315 newly listed properties on the market in June, a 10.3 per cent increase from last year and 12.7 per cent above the 10-year seasonal average for the month. Total active listings rose 23.8 per cent year-over-year to 17,561 — almost 44 per cent above usual levels for June.

The steepest sales decline by housing category last month was in apartments, down 16.5 per cent year-over-year to 1,040. Sales activity for detached homes decreased 5.3 per cent to 657, while attached home sales totalled 473, a 3.7 per cent increase compared with June 2024.