June 2026 Market Report — Greater Vancouver | North Vancouver | West Vancouver | Vancouver
The Greater Vancouver real estate market showed momentum in June, with home sales increasing 9.6% year-over-year across all property types. While inventory remains above historical norms, demand is strengthening, creating a market that continues to favour prepared buyers & rewarding sellers who price strategically.
Market Snapshot:
• 2,390 homes sold in June (+9.6% vs June 2025)
• Sales remain 12.4% below the 10-year seasonal average
• 17,017 active listings, approximately 30% above the 10-year average
• Composite benchmark price: $1,099,100 (-6.0% year-over-year, virtually unchanged month-over-month)
• Overall sales-to-active listings ratio: 14.6%, indicating balanced market conditions.
Regional Breakdown:
North Vancouver: continues to perform well relative to much of Metro Vancouver. Detached homes remain in demand while benchmark prices have remained resilient, with the composite benchmark down 4.3% year-over-year.
Buyer Takeaway:
Well-priced homes continue to attract strong interest. Buyers still have negotiating power, but hesitation can mean missing opportunities.
West Vancouver: remains one of the region's strongest buyer markets. Inventory continues to provide significant selection, particularly in the luxury segment.
Buyer Takeaway:
Negotiating leverage remains strongest here. Patient, selective buyers continue to find excellent long-term opportunities.
Vancouver: Market remains stable. Elevated inventory gives buyers more options, demand has improved across all housing types. Well-priced properties continue to sell, overpriced listings spend longer on the market.
Buyer Takeaway:
The market remains balanced, offering buyers flexibility without the intense competition of previous years.
What Smart Buyers Are Doing!
✔ Writing conditional offers.
✔ Negotiating beyond price including dates, repairs & inclusions.
✔ Comparing more properties before deciding.
✔ Focusing on neighbourhood-specific opportunities instead of broad market headlines.
What Sellers Should Know!
Today's buyers are informed, selective & have more options than in several years prior. Proper pricing, presentation & an effective marketing strategy remain the biggest factors separating successful sales from listings requiring price reductions.
Strategic Outlook:
June's numbers may signal an early market shift. Sales increased across detached homes, townhomes & apartments. New listings slowed & inventory began stabilizing, suggesting the market could gradually tighten if demand continues building through the second half of the year.
The market isn't moving at full speed, but it is moving.
For buyers, opportunity still exists. For sellers, accurate pricing and strategic marketing remain more important than ever.
Considering your next move? Let's connect to discuss the current market, explore your options, and build a strategy that positions you for the current market!
www.solaimani.ca
www.solaimani.ca
