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July 3, 2026

July 3, 2026

•Real Estate News•4 min read

Greater Vancouver home sales pick up at the start of summer

Published date

July 3, 2026

•Real Estate News•4 min read

Greater Vancouver home sales pick up at the start of summer

Published date

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

Reciprocity Logo The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.