Greater Vancouver REALTORS Market Report: June 2026 Shows Balanced Conditions with Price Decline

Greater Vancouver REALTORS (HPI) — June 2026

In June 2026, the Greater Vancouver real estate market exhibits a composite benchmark price of $998,000, reflecting a 6.7% decrease from the previous year. Total sales reached 134 units, with active listings at 788, indicating a balanced market condition.

Market Analysis

The Greater Vancouver real estate market continues to demonstrate balanced conditions as of June 2026, with a months of inventory (MOI) standing at 5.9. This level of inventory suggests that supply and demand are relatively aligned, allowing buyers and sellers to negotiate more effectively. Despite the balanced market, the composite benchmark price has decreased by 6.7% year-over-year, indicating a softening in price levels compared to June 2025, when the benchmark was $1,095,500.

Property Type Analysis

When examining property types, the detached homes have a benchmark price of $1,965,400, while attached/townhouses and apartments are priced at $955,500 and $739,100, respectively. The significant price difference among these categories highlights the varying demand and supply dynamics, with detached homes generally experiencing higher price points due to their larger size and land value.

Regional Highlights

Regionally, the market shows signs of stability amid fluctuating prices. The number of active listings at 788 suggests that sellers are willing to list their properties, contributing to the balanced market condition. This stability may attract both first-time buyers and investors looking for opportunities in a less competitive environment compared to previous years.

For Buyers

For buyers, this is an opportune time to enter the market, especially given the balanced conditions and the recent price decline. Prospective buyers should consider their long-term goals and be prepared to negotiate, as there may be more room for favorable terms in a balanced market.

For Sellers

Sellers are advised to remain realistic about pricing in the current market environment. With a benchmark price decline, it is crucial to price properties competitively to attract buyers while also highlighting unique features that can differentiate their listings in a balanced market.