Metro Vancouver Market Holding Steady – Signs of Recovery Continue
The healthy level of inventory is sufficient to keep home prices trending sideways over the short-term as supply and demand remain relatively balanced
The current inventory of homes on the market gives buyers plenty of selection to choose from, says GVR. Sandor Gyarmati photo
Metro Vancouver’s real estate market is showing some early signs of stability, even as we continue to navigate economic uncertainty and shifting buyer sentiment.
According to the latest July 2025 report from the Greater Vancouver Realtors (GVR), home sales across the region are still slightly down, 2% lower than July 2024 and 13.9% below the 10-year seasonal average. But the real story here is that activity is starting to trend in the right direction.
We first saw this shift in June, and July’s numbers seem to confirm it: the market may be turning a corner.
“Although the Bank of Canada held interest rates steady in July, that decision has likely helped increase buyer confidence by reducing uncertainty about borrowing costs,” says Andrew Lis, GVR’s Director of Economics.
Inventory Is Up – And That’s a Good Thing
One major factor that’s helping balance the market is rising inventory. Active listings across Metro Vancouver are up nearly 20% compared to last July, and a solid 40% above the 10-year average.
This healthier supply is keeping prices relatively stable, especially as supply and demand remain balanced in many areas. For sellers, it means you’re competing in a more realistic market. For buyers, it means more options and a bit more leverage than they had during the pandemic boom.
Ladner & Tsawwassen Snapshot: July 2025
Let’s zoom in on South Delta for a moment, specifically Ladner and Tsawwassen, two of our core markets.
🏠 Detached Homes:
Ladner: Benchmark price sits at $1,417,800, holding steady month-over-month and up just 1.4% from July 2024.
Tsawwassen: Benchmark price is $1,535,800, down 3% from June and off 4.7% year-over-year.
🏘 Townhomes:
Ladner: Benchmark price is $1,017,700, down from last year.
Tsawwassen: Benchmark price is $962,100, also showing a decline year-over-year.
🏢 Condos:
Ladner: Benchmark price is $672,000.
Tsawwassen: Benchmark price is $651,600.
Both segments are trending lower compared to July 2024, giving buyers a slight edge.
So, What Does This Mean for You?
Whether you’re thinking of listing or just keeping a pulse on the market, here’s the bottom line:
We're not in the overheated frenzy of 2021, but we’re also not in a crash.
Inventory is up. Prices are stable. Buyers are cautiously returning.
If you’re planning to sell, it’s still very possible to get a strong result, especially with smart prep and pricing.
Need a deeper dive into your neighbourhood? Want to understand how these shifts impact your home’s value?
Let’s talk. I’d be happy to walk you through the data and share a strategy that works for today’s market.
📩 Request a Free Home Value Update, no pressure, just good advice.
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