{"id":1922,"date":"2026-07-06T15:23:32","date_gmt":"2026-07-06T22:23:32","guid":{"rendered":"https:\/\/www.ownre.ca\/blog\/?p=1922"},"modified":"2026-07-06T15:23:32","modified_gmt":"2026-07-06T22:23:32","slug":"greater-vancouver-home-sales-pick-up-at-the-start-of-summer","status":"publish","type":"post","link":"https:\/\/www.ownre.ca\/blog\/greater-vancouver-home-sales-pick-up-at-the-start-of-summer\/","title":{"rendered":"Greater Vancouver home sales pick up at the start of summer"},"content":{"rendered":"
Demand for all home types in Metro Vancouver* increased to start the summer, with home sales up nearly ten percent year-over-year in June.<\/div>\n
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The Greater Vancouver REALTORS\u00ae (GVR) reports that residential sales in the region totalled 2,390 in June 2026, a 9.6 percent increase from the 2,181 sales recorded in June 2025. This was 12.4 percent below the 10-year seasonal average (2,728).<\/div>\n
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June saw broad gains in home sales across all home types relative to the same time last year, a rare occurrence in recent years. June\u2019s data could be an early sign of a shift in the market. In recent years, sales trends have been mixed across home types, 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.<\/div>\n
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There were 5,938 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service\u00ae (MLS\u00ae) in Metro Vancouver in June 2026. This represents a six percent decrease compared to the 6,315 properties listed in June 2025. This was 5.9 percent above the 10-year seasonal average (5,609).<\/div>\n
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The total number of properties currently listed for sale on the MLS\u00ae system in Metro Vancouver is 17,017, a 3.1 percent decrease compared to June 2025 (17,561). This is 30.2 percent above the 10-year seasonal average (13,070).<\/div>\n
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Across all detached, attached and apartment property types, the sales-to-active listings ratio for June 2026 is 14.6 percent. By property type, the ratio is 12 percent for detached homes, 17.8 percent for attached, and 15.5 percent for apartments.<\/div>\n
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Analysis of the historical data suggests downward pressure on home prices occurs when the ratio dips below 12 percent for a sustained period, while home prices often experience upward pressure when it surpasses 20 percent over several months.<\/div>\n
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Despite signs that demand is slowly returning to the market, prices haven\u2019t moved much in recent months as the inventory of homes for sale has been big enough to absorb the increased demand. 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\u2019s 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.<\/div>\n
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The MLS\u00ae Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $1,099,100. This represents a 6 percent decrease over June 2025 and a 0.1 percent decrease compared to May 2026.<\/div>\n
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Sales of detached homes in June 2026 reached 747, a 13.7 percent increase from the 657 detached sales recorded in June 2025. The benchmark price for a detached home is $1,842,900. This represents a 7.1 percent decrease from June 2025 and a 0.3 percent decrease compared to May 2026.<\/div>\n
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Sales of apartment homes reached 1,103 in June 2026, a 6.1 percent increase from 1,040 in June 2025. The benchmark price of an apartment home is $695,200. This represents a 7.1 percent decrease from June 2025 and a 0.4 percent decrease compared to May 2026.<\/div>\n
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Attached home sales in June 2026 totalled 527, a 11.4 percent increase compared to the 473 sales in June 2025. The benchmark price of a townhouse is $1,046,200. This represents a 5 percent decrease from June 2025 and a 0.2 percent decrease compared to May 2026.<\/div>\n","protected":false},"excerpt":{"rendered":"

Demand for all home types in Metro Vancouver* increased to start the summer, with home sales up nearly ten percent year-over-year in June. The Greater Vancouver …<\/p>\n","protected":false},"author":2,"featured_media":1923,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[73,85,84,83,82,81,80,79,78,77,76,75,74,32,72,71,70,69,68,67,66,65,64,63,35],"class_list":["post-1922","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-update","tag-top-port-coquitlam-realtor","tag-top-realtors-port-coquitlam","tag-central-port-coquitlam-homes-for-sale","tag-mary-hill-homes-for-sale","tag-citadel-heights-homes-for-sale","tag-port-coquitlam-homes-for-sale","tag-central-port-coquitlam-real-estate-agent","tag-mary-hill-real-estate-agent","tag-citadel-heights-real-estate-agent","tag-port-coquitlam-real-estate-agent","tag-top-central-port-coquitlam-realtor","tag-top-mary-hill-realtor","tag-top-citadel-heights-realtor","tag-port-coquitlam-realtor","tag-realtor-central-port-coquitlam","tag-realtor-mary-hill","tag-realtor-citadel-heights","tag-realtor-port-coquitlam","tag-central-port-coquitlam-realtors","tag-mary-hill-realtors","tag-citadel-heights-realtors","tag-port-coquitlam-realtors","tag-central-port-coquitlam-realtor","tag-mary-hill-realtor","tag-citadel-heights-realtor"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t