June 2025 Vancouver Housing Update
Market Activity
Sales remain at historically low levels—May saw the fewest transactions since 2000 (besides pandemic), even lower than during the 2008 downturn. However, over the past week, there’s been a slight uptick in activity, which could suggest a shift toward a more active summer market. It’s still early, and whether this continues remains to be seen.
Inventory & Pricing
Inventory continues to climb and is now at its highest point in over a decade. Despite this, prices have remained relatively flat overall. That said, certain condo pockets are seeing more difficulty, with slower sales and downward price pressure.
Vancouver Housing Inventory
Interest Rates & Outlook
The Bank of Canada held interest rates steady in its latest announcement. While this may provide some stability, it hasn’t yet sparked a surge in market confidence. All eyes are on the coming months to see if conditions improve or remain subdued.
So, if you’re thinking about buying or selling, now more than ever, it’s important to understand the nuances of this market. Smart pricing and strategic timing can make all the difference. We’re in a dynamic, ever-changing environment. The key is to stay informed, stay prepared, and most importantly—stay ahead of the market. We pride ourselves on being some of the most informed Real Estate Professionals in the city which gives us the edge most of our clients value, especially in today’s market. Don’t hesitate to reach out.
If you’re thinking of making a move in 2025 feel free to reach out to me or Steve Saretsky.
78 homes sold last year and happy to help you too!
Feel free to reach out if you want to connect with me! 778-951-5853 LUKE@SARETSKYGROUP.COM
^ Book a call with me to discuss your options here ^
Luke Annunziello | Vancouver Realtor
About Luke
Luke is a real estate professional with a distinguished career as a realtor since 2019, specializing in the Greater Vancouver market. His expertise extends beyond traditional real estate services, as he possesses a comprehensive understanding of property renovations, accumulated over a period of seven years. Clients appreciate Luke for his friendly nature and ability to establish rapport, making complex transactions more accessible.
Luke is a part of the esteemed Saretsky group which is part of the top 1% of all realtors in Vancouver. This affiliation with the Saretsky group translates into a range of benefits for his clients. From market expertise and extensive networks to enhanced marketing capabilities and exclusive opportunities, Luke can provide a superior level of service and results for those seeking assistance in the competitive Vancouver real estate market.
When not doing real estate transactions you can find him playing hockey, snowboarding on the mountains or spending time with his wife and daughter. Whether navigating the dynamic Vancouver market or incorporating renovation insights into property dealings, Luke stands as a reliable and professional ally, ensuring a seamless and positive experience for his clientele.
Whether you're looking to buy or sell a property in North Vancouver or elsewhere in Vancouver, Luke is the agent you can trust to guide you through the process and achieve your goals.
