Date: July 11, 2025

Canadian employment increased by 0.4 per cent from the previous month, gaining 83,000 jobs to reach 21.061 million in June. The employment rate rose by 0.1 points to 60.9 per cent, while the unemployment rate fell by 0.1 points to 6.9 per cent.

Average hourly wages rose 3.2 per cent year-over-year to $36.01 last month, while total hours worked increased by 1.6 per cent compared to June of the previous year.

Provincial Highlights: British Columbia

Employment in B.C. rose by 0.2 per cent to 2.968 million, gaining 5,000 jobs in June. Employment in Metro Vancouver rose by 1.1 per cent to 1.735 million.

The unemployment rate in B.C. fell by 0.8 points to 5.6 per cent, while Vancouver's unemployment rate fell by 0.6 points to 5.8 per cent in June.

Economic Context

June's jobs report marks the first meaningful increase in employment since January, breaking a trend of largely stagnant job creation in 2025. Notably, the vast majority of employment growth was concentrated in part-time positions, reflecting greater demand for temporary roles across many industries during the summer.

Moreover, the Canadian labour market remains relatively weak, with the national unemployment rate hovering near its highest level since the pandemic. This report likely supports a neutral stance from the Bank of Canada and a potential rate hold at its upcoming meeting, though resurgent tariff risks may complicate the Bank’s outlook.


Source: BCREA


MLS® Listings in North Vancouver | Homes for Sale, Over $1,000,000

Sort by:
1911 Mahon Avenue, North Vancouver

$1,850,000

↓ $150,000

1911 Mahon Avenue, North Vancouver

3 Beds 3 Baths 1,911 SqFt Residential MLS® # R3028904

Stonehaus Realty Corp.Real Estate Board of Greater Vancouver Logo

1386 Tatlow Avenue, North Vancouver

$1,399,000

↓ $50,000

1386 Tatlow Avenue, North Vancouver

2 Beds 1 Bath 1,210 SqFt Residential MLS® # R3028051

Engel & Volkers VancouverReal Estate Board of Greater Vancouver Logo

4283 Capilano Road, North Vancouver

$2,999,000

4283 Capilano Road, North Vancouver

6 Beds 4 Baths 3,283 SqFt Residential MLS® # R3027801

RE/MAX WestcoastReal Estate Board of Greater Vancouver Logo

846 St. Denis Avenue, North Vancouver

$1,585,000

↓ $14,000

846 St. Denis Avenue, North Vancouver

3 Beds 3 Baths 1,590 SqFt Residential MLS® # R3027377

Engel & Volkers VancouverReal Estate Board of Greater Vancouver Logo

568 Palisade Drive, North Vancouver

$2,549,000

↓ $50,000

568 Palisade Drive, North Vancouver

4 Beds 3 Baths 2,484 SqFt Residential MLS® # R3027290

RE/MAX Crest RealtyReal Estate Board of Greater Vancouver Logo

562 W Keith Road, North Vancouver

$1,725,000

↓ $25,000

562 W Keith Road, North Vancouver

3 Beds 3 Baths 1,694 SqFt Residential MLS® # R3026861

88West RealtyReal Estate Board of Greater Vancouver Logo

1831 Arborlynn Drive, North Vancouver

$1,758,000

1831 Arborlynn Drive, North Vancouver

7 Beds 6 Baths 3,763 SqFt Residential MLS® # R3026721

Angell, Hasman & Associates Realty Ltd.Real Estate Board of Greater Vancouver Logo

3399 Capilano Crescent 103, North Vancouver

$1,498,000

3399 Capilano Crescent 103, North Vancouver

2 Beds 2 Baths 1,377 SqFt Residential MLS® # R3026646

Angell, Hasman & Associates Realty Ltd.Real Estate Board of Greater Vancouver Logo

2133 St. Georges Avenue 23, North Vancouver

$1,108,800

↓ $11,000

2133 St. Georges Avenue 23, North Vancouver

3 Beds 3 Baths 1,172 SqFt Residential MLS® # R3025877

Royal LePage SussexReal Estate Board of Greater Vancouver Logo

12&13 Coldwell Beach, North Vancouver

$1,499,000

12&13 Coldwell Beach, North Vancouver

4 Beds 1 Bath 2,302 SqFt Residential MLS® # R3026401

Babych Group Realty Vancouver Ltd.Real Estate Board of Greater Vancouver Logo

432 W 25th Street, North Vancouver

$1,598,000

↓ $70,000

432 W 25th Street, North Vancouver

4 Beds 2 Baths 1,786 SqFt Residential MLS® # R3026309

Sincere Real Estate ServicesReal Estate Board of Greater Vancouver Logo

4540 Mountain Highway, North Vancouver

$2,049,900

4540 Mountain Highway, North Vancouver

6 Beds 3 Baths 3,076 SqFt Residential MLS® # R3025939

Royal LePage Elite WestReal Estate Board of Greater Vancouver Logo

3600 Windcrest Drive 112, North Vancouver

$1,225,000

↓ $25,000

3600 Windcrest Drive 112, North Vancouver

2 Beds 3 Baths 1,365 SqFt Residential MLS® # R3025883

Oakwyn Realty Ltd.Real Estate Board of Greater Vancouver Logo

135 E 13th Street Th1, North Vancouver

$1,799,900

135 E 13th Street Th1, North Vancouver

3 Beds 3 Baths 1,659 SqFt Residential MLS® # R3025559

Magnum Projects Ltd.Real Estate Board of Greater Vancouver Logo

135 E 13th Street 1705, North Vancouver

$1,699,900

135 E 13th Street 1705, North Vancouver

2 Beds 2 Baths 983 SqFt Residential MLS® # R3025552

Magnum Projects Ltd.Real Estate Board of Greater Vancouver Logo


Posted by Adam Chahl on

Tags

Email Send a link to post via Email

Leave A Comment

e.g. yourwebsitename.com
Please note that your email address is kept private upon posting.