Vancouver Area July 25, 2025 (2-week update) (Click here to see current 1-week update)
Current: Vancouver area Real Estate Market is in Buyer's with an average of 8.4 %SOLD rate. See each city for the full details.
Forecast: June Brings a Spark of Life to a Very Slow Market!
In June, 86% of single-family homes lost value, with prices dropping by an average of $17,208. This continues the downward trend from May, when prices fell by $12,814.
Homeowners and market watchers are closely looking for signs of a new trade deal. For now, with lots of homes for sale and many buyers and sellers waiting for clearer news, Metro Vancouver remains a buyer’s market.
83% of condos also dropped in value, with an average price loss of $9,900. Townhomes saw a small price increase, but it slowed down—from $5,211 in May to $2,862 in June. With trade talks still ongoing and tariffs in the news, we think condo and townhouse prices may stay flat or even fall more.
In short—this is a good time for buyers. Sellers need a smart strategy if they want to get the best price.
Want to know which markets are heating up—or cooling down? Check VancouverMarketReports.com every Saturday at noon to see the weekly changes. 📞 Need expert advice or a free Home Market Analysis? Call Bill Coughlin and the Coughlin Team at 778-374-3744. Let’s help you make the right move.
.Fraser Valley & Chilliwack July 25, 2025 (2-week update)
Current: Fraser Valley and the Chilliwack areas in Buyer's Market averaging a 9.8%SOLD rate. See each city link for the full details
Forecast: June Brings a Spark of Life to a Very Slow Fraser Valley Market!
In June, 89% of single-family homes went down in value, with prices falling by an average of $4,025. This is a small improvement compared to May, when prices dropped by $9,783.
Homeowners and market watchers are keeping an eye out for news about a new trade deal. Since there are still lots of homes for sale and both buyers and sellers are waiting for updates, Fraser Valley is still a buyer’s market.
About 75% of condos also lost value, with prices dropping by an average of $5,503. Townhome prices went up a little, but the increase was smaller—from $9,194 in May to $4,819 in June. Because of ongoing trade talks and tariffs, we believe condo and townhouse prices might stay the same or drop even more.
Bottom line—it’s a good time for buyers to make a move. Sellers need a smart plan to get the best deal.
Want to know which markets are heating up—or cooling down? Check VancouverMarketReports.com every Saturday at noon to see the weekly changes. 📞 Need expert advice or a free Home Market Analysis? Call Bill Coughlin and the Coughlin Team at 778-374-3744. Let’s help you make the right move.
|