Greater Vancouver REALTORS Market Report for June 2026: Composite Benchmark Price at $1,041,500

Greater Vancouver REALTORS (HPI) — June 2026

In June 2026, the Greater Vancouver real estate market sees a composite benchmark price of $1,041,500, reflecting a year-over-year decrease of 5.0%. Total sales for the month reach 45, while new listings increase to 137, contributing to a total of 354 active listings.

Market Analysis

The Greater Vancouver real estate market continues to exhibit characteristics of a buyers' market, with a months of inventory (MOI) at 7.9. This indicates a surplus of available properties relative to the number of sales, which has contributed to the downward pressure on prices. The sales-to-new-listings ratio (SNLR) stands at 32.8%, suggesting that while new listings are entering the market, buyer demand remains subdued compared to the available supply.

Property Type Analysis

In terms of property types, the detached homes have a benchmark price of $1,947,300, while attached/townhouses and apartments are priced at $993,800 and $698,300, respectively. The lack of sales data for specific property types this month limits a detailed comparison, but the overall trend indicates that all segments are experiencing price adjustments in response to current market conditions.

Regional Highlights

Regional trends indicate that the overall inventory levels are rising, with 354 active listings this month compared to 47 sales in June 2025. This increase in inventory is a significant factor in the current market dynamics, allowing buyers more options and negotiating power. The decline in the composite benchmark price from $1,102,300 in June 2025 to the current $1,041,500 further underscores the shifting market landscape.

For Buyers

For buyers, this period presents an opportunity to negotiate favorable terms due to the increased inventory and lower prices. It is advisable for potential buyers to conduct thorough market research and consider their long-term goals, as the current market conditions may allow for better deals than in previous years.

For Sellers

Sellers should be aware of the current market dynamics and the downward trend in prices. To attract buyers, it is essential to price properties competitively and consider making necessary improvements to enhance appeal. Additionally, being flexible with showings and negotiations can help facilitate a sale in this buyers' market.