Metro Vancouver Market Update | June 2026 📈
- Sam Tabrizi
- 2 hours ago
- 2 min read
Demand across Metro Vancouver saw a broad-based uptick to kick off the summer, with total sales increasing nearly 10% year-over-year. While sales momentum is building, inventory remains healthy enough to absorb the demand, keeping property prices remarkably stable month-over-month.
Key Takeaways & Market Highlights
Broad Sales Growth: June recorded 2,390 sales (+9.6% YoY), driven by gains across all property types. However, overall activity remains 12.4% below the 10-year seasonal average.
Listing Activity Cooling: New listings fell 6.0% year-over-year to 5,938. Total active inventory sits at 17,017 units (-3.1% YoY), though still 30.2% above the 10-year seasonal norm.
Balanced Territory: The overall sales-to-active listings ratio reached 14.6%. Historically, prices experience downward pressure below 12% and upward pressure above 20%. Stable Benchmark Prices: The composite benchmark price sits at $1,099,100, down 6.0% year-over-year and essentially flat (-0.1%) compared to May 2026.
June 2026 Market Breakdown by Property Type
Metric | Detached Homes | Townhomes (Attached) | Condos (Apartments) |
Benchmark Price | $1,842,900 | $1,046,200 | $695,200 |
Monthly Change (MoM) | ↓ 0.3% | ↓ 0.2% | ↓ 0.4% |
Yearly Change (YoY) | ↓ 7.1% | ↓ 5.0% | ↓ 7.1% |
June 2026 Sales | 747 (+13.7% YoY) | 527 (+11.4% YoY) | 1,103 (+6.1% YoY) |
Sales-to-Active Ratio | 12.0% | 17.8% | 15.5% |
What This Means for Buyers and Sellers
For Buyers
Increased inventory over the past year gives you room to negotiate and perform due diligence without the pressure of runaway price growth. However, with new listings slowing and sales picking up, prime properties in desirable neighborhoods are starting to move faster.
For Sellers
Demand is returning across detached homes, townhomes, and condos alike. With active inventory beginning to stabilize, well-priced and properly marketed properties are positioned to attract serious buyer interest as we head deeper into summer.
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About Sam Tabrizi
🏆 Top 10% REALTOR® in Greater Vancouver (2021–2025)
