Greater Vancouver REALTORS HPI Report: June 2026 Shows Continued Price Decline and Buyer Market

Greater Vancouver REALTORS (HPI) — June 2026

In June 2026, the Greater Vancouver real estate market sees a composite benchmark price of $899,200, reflecting a 7.8% decrease year-over-year. Total sales reach 147, with 356 new listings contributing to an active inventory of 1,024 properties.

Market Analysis

The Greater Vancouver real estate market continues to favor buyers, evidenced by a sales-to-new-listings ratio (SNLR) of 41.3% and a months of inventory (MOI) at 7.0. The current benchmark price of $899,200 marks a significant decline from $969,200 in June 2025, indicating a softening in market conditions. With new listings outpacing sales, the increased inventory offers buyers more options, while sellers may need to adjust their expectations in light of the prevailing market dynamics.

Property Type Analysis

When examining property types, the detached home market shows a benchmark price of $1,190,400, while attached/townhouses and apartments are priced at $728,600 and $499,100, respectively. Although specific sales figures are unavailable, the overall trend suggests that all property types are experiencing downward pressure on prices, reflecting the broader market conditions.

Regional Highlights

Regionally, the Greater Vancouver area is witnessing varied trends across neighborhoods, with some areas experiencing steeper declines than others. The influx of new listings has contributed to a more balanced market, allowing buyers to explore different options without the urgency often seen in tighter markets.

For Buyers

For prospective buyers, this is an opportune time to enter the market, given the increased inventory and declining prices. Buyers should take advantage of the current conditions to negotiate favorable terms and explore various property types that meet their needs.

For Sellers

Sellers are advised to set realistic expectations regarding pricing in the current buyer's market. With a significant inventory available, it is crucial to price competitively and consider making property enhancements to attract potential buyers.