Greater Vancouver REALTORS HPI Report: June 2026 Shows 9.6% Year-Over-Year Price Decline

Greater Vancouver REALTORS (HPI) — June 2026

In June 2026, the composite benchmark price in Greater Vancouver stands at $1,410,400, reflecting a 9.6% decrease from $1,559,900 in June 2025. The market is currently characterized as balanced, indicating a stable environment for both buyers and sellers.

Market Analysis

The Greater Vancouver real estate market continues to exhibit signs of stabilization, with a composite benchmark price of $1,410,400 in June 2026. This marks a slight decrease from the previous month’s benchmark of $1,420,200, suggesting a modest downward trend in pricing. Year-over-year, the market has seen a significant decline of 9.6%, indicating a shift in buyer sentiment and market dynamics over the past year. Despite the price drop, the balanced market condition suggests that supply and demand are relatively aligned, providing opportunities for both buyers and sellers.

Property Type Analysis

In terms of property types, the detached homes segment shows a benchmark price of $4,024,600, while attached/townhouses are priced at $1,473,400, and apartments at $1,043,400. The substantial price difference between detached homes and other property types highlights the ongoing demand for single-family residences, despite the overall market decline. Buyers may find more affordability in the attached and apartment categories, which could lead to increased interest in these segments as the market adjusts.

Regional Highlights

Regionally, the Greater Vancouver area continues to experience varied trends across different neighborhoods. While some areas may see more significant price adjustments, others remain resilient, reflecting local economic conditions and buyer preferences. The balanced market condition across the region suggests that while prices are declining, there is still a healthy level of activity, providing a conducive environment for transactions.

For Buyers

For prospective buyers, this may be an opportune time to enter the market, especially in the attached and apartment segments where prices are more accessible. With a balanced market, buyers can negotiate more favorable terms and potentially secure properties at lower prices compared to previous years.

For Sellers

Sellers are advised to remain realistic about pricing in the current market climate. Given the year-over-year decline in prices, it is crucial to set competitive prices to attract buyers. Working with a knowledgeable REALTOR can help sellers navigate the market effectively and position their properties to stand out.