Greater Vancouver REALTORS® Report: June 2026 Market Shows Increased Demand Amid High Inventory

Greater Vancouver REALTORS — June 2026

In June 2026, the Greater Vancouver real estate market experienced a notable increase in demand, with total sales rising to 2,390, a 9.6% increase from the previous year. The composite benchmark price for all residential properties is currently $1,099,100, reflecting a 6.0% decrease year-over-year.

Market Analysis

The Greater Vancouver real estate market is currently characterized by a buyer's market, with 17,017 active listings and a months of inventory (MOI) of 7.1. While sales have increased by 9.6% year-over-year, they remain 12.4% below the 10-year seasonal average of 2,728. The sales-to-active listings ratio stands at 14.6%, indicating that while demand is improving, the high inventory levels continue to exert downward pressure on prices. The current benchmark price represents a slight decrease of 0.1% from May 2026, suggesting that the market is still adjusting to the balance of supply and demand.

Property Type Analysis

In June, all property types saw an uptick in sales, with detached homes recording 747 sales, a 13.7% increase from June 2025. The benchmark price for detached homes is $1,842,900, while attached homes and apartments are priced at $1,046,200 and $695,200, respectively. The attached and apartment sectors also experienced sales increases, with 527 and 1,103 sales recorded, respectively, indicating a broad-based recovery in demand across various property types.

Regional Highlights

New listings in June totaled 5,938, a 6% decrease from the 6,315 properties listed in June 2025. Despite the decline in new listings, the total inventory remains significantly above the 10-year seasonal average, suggesting that while demand is returning, supply is still ample. This trend may lead to a gradual stabilization of prices if the current demand continues and new listings slow further.

For Buyers

Prospective buyers should take advantage of the current market conditions, as increased inventory provides more options and potential negotiating power. With prices stabilizing, it may be an opportune time to enter the market, particularly for those looking for detached homes, which have shown a significant increase in sales.

For Sellers

Sellers should be mindful of the current buyer's market and the high inventory levels. Pricing homes competitively and ensuring they are well-presented can help attract buyers. With sales increasing, there may be an opportunity to capitalize on the current demand, but sellers should be prepared for negotiations as buyers have more choices.