Greater Vancouver REALTORS HPI Market Report: June 2026 Shows Balanced Conditions with Price Decline

Greater Vancouver REALTORS (HPI) — June 2026

In June 2026, the Greater Vancouver real estate market exhibits a balanced condition with a composite benchmark price of $998,000, reflecting a 6.7% decrease from June 2025. Total sales reach 134, while active listings stand at 788, indicating a months of inventory of 5.9.

Market Analysis

The Greater Vancouver real estate market remains balanced as of June 2026, with a composite benchmark price of $998,000. This marks a notable decline of 6.7% compared to the same month last year, highlighting the ongoing adjustment in pricing dynamics. The total sales of 134 indicate a steady demand, while the active listings of 788 contribute to a months of inventory figure of 5.9, suggesting that the market is neither overly saturated nor undersupplied.

Property Type Analysis

When examining property types, the detached homes have a benchmark price of $1,965,400, while attached/townhouses are priced at $955,500, and apartments at $739,100. Although specific sales figures for these categories are not available, the pricing trends indicate a continued preference for more affordable housing options, particularly in the townhouse and apartment segments, which may attract first-time buyers and downsizers alike.

Regional Highlights

Regionally, the Greater Vancouver area continues to experience diverse trends across neighborhoods. Areas with higher inventory levels may see more competitive pricing, while regions with lower inventory could maintain or even increase their prices due to sustained demand. Buyers are encouraged to explore various neighborhoods to identify opportunities that align with their budget and lifestyle.

For Buyers

For prospective buyers, now may be an advantageous time to enter the market, particularly for those considering attached homes or apartments. With a balanced market and a benchmark price of $998,000, buyers can negotiate more effectively and potentially secure favorable terms amidst the current pricing adjustments.

For Sellers

Sellers should remain realistic about pricing in the current market environment, given the 6.7% year-over-year decline in benchmark prices. It is advisable to consult with a REALTOR® to assess local market conditions and set a competitive price that attracts buyers while maximizing potential returns.