News: Vancouver Real Estate Market

Demand for all home types in Metro Vancouver* increased to start the summer, with home sales up nearly 10% year-over-year in June.

The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 2,390 in June 2026, a 9.6% increase from the 2,181 sales recorded in June 2025. This was 12.4% below the 10-year seasonal average (2,728).

"June saw a pattern of broad gains in home sales across all home types relative to the same time last year, which has been a rare occurrence in...

Led by slow sales in the apartment segment, home sales registered on the MLS® in Metro Vancouver* were down nearly 4% in May compared to last year.

The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 2,150 in May 2026, a 3.5% decrease from the 2,228 sales recorded in May 2025. This was 26.6% below the 10-year seasonal average (2,930). 

"While attached sales held relatively steady and detached sales edged up roughly one % in May, apartment sales were...

Home sales registered on the MLS® in Metro Vancouver* remain relatively flat compared to April last year, but a divergence is emerging between market segments.

The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 2,110 in April 2026, a 2.5% decrease from the 2,163 sales recorded in April 2025. This was 22.9% below the 10-year seasonal average (2,735). 

“Last month we noted that a divergence was emerging between sales trends in the detached and multi-family...

Home sales registered on the MLS® in Metro Vancouver continue evolving at a pace similar to last year, with the sales down roughly 3% from last March. 

The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 2,032 in March 2026, a 2.8% decrease from the 2,091 sales recorded in March 2025. This was 31.8% below the 10-year seasonal average (2,981). 

 "Year-to-date, sales are tracking our forecast for the year closely, and the weakness in demand we continue...

Metro Vancouver home sales registered on the MLS® in February continued the recent trend of slower-than-average sales, seeing a 10% decline over the same period last year.

The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 1,648 in February 2026, a 9.8% decrease from the 1,827 sales recorded in February 2025. This was 28.7% below the 10-year seasonal average (2,310).

“With each passing data point, the pace of sales running well-below long-term averages are...

Last year’s market trends continued in January as home sales registered on the MLS® in Metro Vancouver* were 28.5% lower than last year, setting the year off to a quieter start.

The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 1,107 in January 2026, a 28.7% decrease from the 1,552 sales recorded in January 2025. This was 30.9% below the 10-year seasonal average (1,602).

"On their own, the January sales appear alarming, but it’s important to put these figures...