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 recent years. June’s data could be an early sign of a shift in the market. In recent years, sales trends have usually been mixed across home types, which is typical of a sideways trending market. But with all housing types posting gains in June, the data indicate demand may be returning to the market more broadly." Andrew Lis, GVR chief economist and vice-president data analytics

There were 5,938 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in June 2026. This represents a 6% decrease compared to the 6,315 properties listed in June 2025. This was 5.9% above the 10-year seasonal average (5,609).

The total number of properties currently listed for sale on the MLS® system in Metro Vancouver is 17,017, a 3.1% decrease compared to June 2025 (17,561). This is 30.2% above the 10-year seasonal average (13,070).

Across all detached, attached and apartment property types, the sales-to-active listings ratio for June 2026 is 14.6%. By property type:

• Detached homes: 12%

• Attached homes (townhomes): 17.8%

• Apartments: 15.5%

Analysis of the historical data suggests downward pressure on home prices occurs when the ratio dips below 12% for a sustained period, while home prices often experience upward pressure when it surpasses 20% over several months.  

“Despite signs that demand is slowly returning to the market, prices haven’t moved much in recent months as the inventory of homes for sale has been big enough to absorb the increased demand,” Lis said. “Prices typically trend upwards when demand rises and inventory declines. With recent data revealing a slower pace of new listings coming to market, standing inventory is no longer climbing, and may be showing early signs of reversing. It’s still too early to call, but if the current pattern of rising demand and slower new listings continues, we may see a sustained downtrend in inventory over the coming months.”

Home Prices and Sales Snapshot – June 2026

• Composite Benchmark Price (All Residential): $1,099,100

  • ↓ 6% from June 2025

  • ↓ 0.1% from May 2026

• Detached Homes:

  • Sales: 747 (↑ 13.7% Year over Year)

  • Benchmark Price: $1,842,900 (↓ 7.1% Year over Year | ↓ 0.3% Month over Month)

• Apartments:

  • Sales: 1,103 (↑ 6.1% Year over Year)

  • Benchmark Price: $695,200 (↓ 7.1% Year over Year | ↓ 0.4% Month over Month)

• Attached Homes (Townhomes):

  • Sales: 527 (↑ 11.4% Year over Year)

  • Benchmark Price: $1,046,200 (↓ 5% Year over Year | ↓ 0.2% Month over Month)

Click here for the GVR June 2026 MLS Housing Market Report