Market Snapshot

Market Type
Balanced Market

Sales-to-Active Listings Ratio
15%

Metro Vancouver remained balanced throughout June, with steady activity across Vancouver, Richmond, North Vancouver, West Vancouver, Ladner and Tsawwassen. Buyers continue to benefit from increased inventory, while sellers are seeing success when homes are well presented and competitively priced.

June 2026 At a Glance

Market Type: Balanced

Sales Ratio: 15%

Benchmark Prices

• Detached: $2,021,700 (-1.8% year-over-year)
• Townhomes: $1,109,200 (+1.5% year-over-year)
• Apartments: $761,100 (-0.9% year-over-year)

What This Means

Higher inventory has created a healthier environment for buyers, offering greater choice and more balanced negotiations. Sellers continue to benefit from steady demand, particularly for well-priced homes in desirable neighbourhoods.

My Take

Metro Vancouver remains one of Canada’s most resilient real estate markets. Whether you’re buying a downtown condo, a Richmond family home or a North Shore property, local market conditions vary significantly—making neighbourhood-specific advice more important than ever.