CANADIAN EMPLOYMENT (JUNE 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

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New Oakwyn Realty Listing

$1,380,000

2912 Mt Seymour Parkway, North Vancouver

3 Beds 3 Baths 1,636 SqFt Residential MLS® # R3061582

Oakwyn Realty Ltd.

New Oakwyn Realty Listing

$1,150,000

162 Victory Ship Way 804, North Vancouver

2 Beds 2 Baths 1,066 SqFt Residential MLS® # R3061444

Oakwyn Realty Ltd.

New Oakwyn Realty Listing

$2,599,900

1144 W Keith Road, North Vancouver

5 Beds 3 Baths 2,753 SqFt Residential MLS® # R3061415

Oakwyn Realty Ltd.

New

$2,499,000

1090 W Keith Road, North Vancouver

5 Beds 3 Baths 3,269 SqFt Residential MLS® # R3061728

Engel & Volkers Vancouver

New

$2,500,000

341 W 24th Street, North Vancouver

0 Beds 0 Baths 0 SqFt Land MLS® # R3061708

Behroyan & Associates Real Estate Services

New

$2,500,000

341 W 24th Street, North Vancouver

4 Beds 2 Baths 1,977 SqFt Residential MLS® # R3061711

Behroyan & Associates Real Estate Services

New

$1,449,000

550 Browning Place 48, North Vancouver

2 Beds 2 Baths 1,598 SqFt Residential MLS® # R3061621

Renanza Realty Inc.

New

$1,380,000

2912 Mt Seymour Parkway, North Vancouver

3 Beds 3 Baths 1,636 SqFt Residential MLS® # R3061582

Oakwyn Realty Ltd.

New

$2,748,000

338 W 17th Street, North Vancouver

6 Beds 6 Baths 3,563 SqFt Residential MLS® # R3061538

Behroyan & Associates Real Estate Services

New

$449,000

1550 Chesterfield Avenue 202, North Vancouver

1 Bed 1 Bath 677 SqFt Residential MLS® # R3061556

Royal LePage Sussex Pigott Properties

New

$699,000

1673 Lloyd Avenue 410, North Vancouver

1 Bed 1 Bath 708 SqFt Residential MLS® # R3061545

RE/MAX Masters Realty

New

$799,900

2024 Fullerton Avenue 1609, North Vancouver

2 Beds 2 Baths 1,135 SqFt Residential MLS® # R3061471

Sutton Group-West Coast Realty

New

$1,554,900

2304 Emery Court 105, North Vancouver

3 Beds 3 Baths 1,615 SqFt Residential MLS® # R3061468

Royal LePage Sussex

New

$1,150,000

162 Victory Ship Way 804, North Vancouver

2 Beds 2 Baths 1,066 SqFt Residential MLS® # R3061444

Oakwyn Realty Ltd.

New

$1,599,000

1155 Tatlow Avenue, North Vancouver

3 Beds 2 Baths 1,295 SqFt Residential MLS® # R3061433

Royal LePage Sussex

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