📊 Metro Vancouver Market Update – June 2026

Metro Vancouver's housing market showed encouraging momentum to kick off the summer. Home sales increased 9.6% compared to June 2025, with detached homes, townhouses, and apartments all recording year-over-year sales gains. While inventory remains above historical averages, both new listings and active listings have declined, suggesting the market may be moving toward a better balance.

Benchmark home prices remain lower than a year ago, providing opportunities for buyers while demand continues to strengthen. If the trend of rising sales and fewer new listings continues, inventory could tighten in the coming months, potentially supporting future price stability.

Whether you're thinking of buying, selling, or simply staying informed, now is a great time to understand your options. Feel free to reach out for personalized advice on today's Metro Vancouver real estate market.

*All credits to GVR. 

Link: https://members.gvrealtors.ca/news/GVR-Stats-Package-June-2026-1.pdf

Link: https://www.bankofcanada.ca/2026/07/fad-press-release-2026-07-15/#:~:text=The%20Bank%20of%20Canada%20today,the%20deposit%20rate%20at%202.20%25.

Link: http://www.bcrea.bc.ca/wp- content/uploads/2026-06.pdf

•Real Estate News•4 min read

Greater Vancouver home sales pick up at the start of summer

July 3, 2026

•Real Estate News•4 min read

Greater Vancouver home sales pick up at the start of summer

Metro Vancouver Housing Market Summary – June 2026

Metro Vancouver home sales increased 9.6% year-over-year in June 2026, with 2,390 residential properties sold compared to 2,181 in June 2025. While sales remained 12.4% below the 10-year seasonal average, all housing types recorded year-over-year gains, indicating broader buyer demand may be returning.

New MLS® listings declined 6% to 5,938, while active listings fell 3.1% year-over-year to 17,017, although inventory remains 30.2% above the 10-year average. The overall sales-to-active listings ratio was 14.6%, reflecting balanced market conditions with stable pricing.

The benchmark price for all residential properties was $1,099,100, down 6.0% from June 2025 and 0.1% from May 2026.

By property type:

- Detached: 747 sales (+13.7% YoY); benchmark price $1,842,900 (-7.1% YoY).

- Apartments: 1,103 sales (+6.1% YoY); benchmark price $695,200 (-7.1% YoY).

- Attached/Townhomes: 527 sales (+11.4% YoY); benchmark price $1,046,200 (-5.0% YoY).

Greater Vancouver REALTORS® noted that while demand is gradually strengthening, ample inventory has kept prices relatively stable. However, slowing new listings combined with improving demand could lead to declining inventory and potential upward pressure on prices if these trends continue.

Link： https://www.gvrealtors.ca/content/dam/rebgv_org_content/monthly-market-reports/GVR-Stats-Package-June-2026.pdf