Home buyers remain cautious in Metro Vancouver and Fraser Valley

Greater Vancouver Realtors and Fraser Valley Real Estate Board report June 2025 housing markets moving toward balance with declining sales but rising inventory. GVR saw a 9.8% sales drop year-over-year, while FVREB sales were steady but 9% below last year. Prices softened modestly, with benchmark prices down 1-4.6%. Elevated listings and lower mortgage rates favor buyers, suggesting potential sales growth ahead.

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