Market Highlights For June 2026

This Summer is for Selling

• First year-over-year gain in sales since last year
• Greater Vancouver sales the best since October 2024
• Sales to Listings Ratio climbed to 39%
• Months of supply tightened across Greater Vancouver

Stability, Opportunity, and the Continued Return of Market Confidence

Greater Vancouver’s housing market delivered an encouraging performance in June, with sales activity climbing for the fifth consecutive month. But more importantly, the first year-over-year increase in sales by month since 2025. There is an undertone to this market that’s not showing up in the numbers yet, but it is certainly being felt in the market and amongst those who work it. Buyers and sellers want to transact, and buyers are becoming more engaged with the amount of inventory and the number of transactions that should have occurred over the last number of years.

Total units sold reached 2,390, an 11% increase over May and the highest monthly total since the fall of 2024. This marks a steady, five-month upward trend from February’s 1,648, March’s 2,032 sales through April’s 2,110 and May’s 2,150. This is a pattern that points to renewed buyer confidence and improving momentum heading into summer. While sales remain modestly below the highs of 2023 and 2024, the region’s steady month-over-month gains suggest the market has found a footing. The mindset of buyers and sellers has seen a shift, now learning to live with uncertainty instead of wishing it wasn’t around us. A sentiment that may be moving more and more through the real estate market.

Uncertainty may have played less into real estate activity in June, with distraction impacting more than anything else. My mid-June, the sales numbers were on track to push above 2,500. But the last half of the month saw the full effects of FIFA World Cup Soccer take over the region with watch parties galore. Downtown Vancouver turned into a multitude of celebration zones, not to mention the venue for games itself. And as typically happens, end of school events and the transition to summer takes away the attention from real estate. With FIFA winding down in July, buyers and sellers may just pick up where they left off.

Greater Vancouver sales in June were 12% below the 10-year average, after May was 27% below the 10-year average, April was 23% below the 10-year average, and March at 32% below the 10-year average. That’s significant as greater balance in the market is being achieved in most areas, with some showing a hint of seller favoured conditions. Moving towards average isn’t necessarily a bad thing, it allows for optimal conditions for both buyers and sellers to transact instead of coming at each other from completely different mindsets.

Active listings stood at 17,017, down 3% year-over-year but up slightly from May, giving buyers a healthy range of choice without the market becoming oversupplied. Individual markets showed even more pronounced tightening: Burnaby East is down 21% year-over-year, Maple Ridge down 9%, West Vancouver down 7%, North Vancouver down 4%, Coquitlam down 2%, and Richmond down 1%. This broad-based inventory reduction, combined with rising sales volumes, is the clearest possible signal of improving market fundamentals.

New listings totalled 6,055, a natural seasonal easing from the busier spring months. This total was down from June 2025 but still up compared to both 2024 and 2023 levels, a sign that sellers remain engaged and want to find willing buyers.

The number of new listings in June were 6% above the 10-year average, after May was 1% above the 10-year average, April was 15% above the 10-year average and March at 5% above the 10-year average.

Perhaps most telling is the improving sales-to-listings ratio, which rose to 39% from 34% in May and 31% in April. This is a meaningful signal for tightening balance between supply and demand. Months of supply also edged down to 7 from 8, keeping the region firmly in balanced market territory, favorable ground for both buyers and sellers to transact with greater time. A few exceptions being the perennial buyer’s market of West Vancouver, Richmond, and strangely enough Port Moody (the only one of the Tri-Cities). But don’t let that fool you, some properties are getting more attention than others and buyers that are slow to react are missing out.

Vancouver’s Westside and East Side: Steady Strength

Vancouver’s Westside posted 420 sales in June, up modestly from May and essentially flat compared to June 2025, reflecting a market that has found a comfortable rhythm. Active listings fell 11% year-over-year, tightening available inventory, while the sales-to-listings ratio improved to 39% from 36% in May, a clear sign of strengthening demand in one of the region’s most established markets.

Vancouver East Side told an even stronger story, with 287 units sold, up 7% from May and up 11% from April. Year-over-year sales were also up 7% compared to June 2025. New listings rose 10% over May, giving buyers more options while demand kept pace, holding the sales-to-listings ratio at a healthy 37%.

North Shore Markets Show Renewed Activity

North Vancouver recorded 213 sales, and while slightly softer than May, the market posted a strong sales-to-listings ratio of 46%, up from 40% the prior month with months of supply holding steady at a lean 5 months, among the tightest in the region.

West Vancouver stood out with the most dramatic improvement of any submarket: sales jumped 36% over May to reach 61 units, and the sales-to-listings ratio climbed to 30% from 20%. Months of supply also improved meaningfully, falling to 12 from 16, showing this higher-end market gaining real traction after a slower stretch.

Richmond and Burnaby: Broad-Based Gains

Richmond delivered a strong month with 262 sales, up 15% from May and up 25% from March, alongside an improving sales-to-listings ratio of 38%. Months of supply tightened to 8 from 9, another sign of strengthening conditions.

The Burnaby submarkets were among the region’s brightest spots. Burnaby South led the way with sales surging 41% over May to 146 units and 70% above April, a standout performance. Its sales-to-listings ratio jumped to 46% from 31%, and months of supply improved sharply to 6 from 10. Burnaby East also posted a strong 32% monthly sales gain, while Burnaby North grew 8% over May with a solid 39% sales-to-listings ratio, both reflecting healthy, sustained buyer interest across the municipality.

New West, Tri-Cities and Beyond: Encouraging Signals

New Westminster added to the positive picture with 87 sales, on par with May and up 23% from June 2025, supported by a 34% sales-to-listings ratio and stable 7-month supply, reflecting consistent, dependable demand.

Coquitlam turned in one of the region’s most impressive results, with sales soaring 54% over May to 254 units and up 49% year-over-year compared to June 2025. Its sales-to-listings ratio climbed to 48% from 30%, and months of supply tightened significantly to 5 from 9, clear evidence of a market gaining considerable strength.

Port Coquitlam and Pitt Meadows saw more modest month-over-month figures, typical of smaller markets, but both maintained solid sales-to-listings ratios in the 37% range, keeping them within balanced market conditions. Port Moody’s months of supply ticked up slightly, but its market fundamentals remain stable with consistent listing activity.

Maple Ridge posted 122 sales, up 11% over May, with an improved sales-to-listings ratio of 41% compared to 34% the prior month, a promising sign for this growing community.

South Delta: Pockets of Strength

Ladner maintained one of the strongest sales-to-listings ratios in the entire region at 45%, reflecting consistent, well-matched supply and demand even as overall sales volumes moderated slightly. Tsawwassen showed strong month-over-month growth, with sales up 26% over May and up 41% over April, alongside a 39% sales-to-listings ratio, a solid signal of renewed buyer engagement in this coastal community.

Fraser Valley Shows Strength in the Valley

Like Greater Vancouver, the Fraser Valley market experienced more sales in May, albeit only 2% above compared to 11% in Greater Vancouver. But compared to last year, the Fraser Valley was behind on total sales compared to last year, down 4%. There were 1,147 sales in June compared to 1,124 in May and 1,195 in June 2025. Now that’s consistency!

And like Greater Vancouver, new listings were down and active listings climbed slightly. The result in the Fraser Valley left the region with 9 months of supply, a buyer’s market, compared to Greater Vancouver at 7. The condo market experienced a better month compared to May with total sales up 11%, while detached and townhomes were at similar levels to the month previous.

The Bottom Line

June’s data paints a picture of a Greater Vancouver housing market building with genuine momentum. Four straight months of rising sales, an improving region-wide sales-to-listings ratio, and tightening months of supply across most submarkets all point in the same direction: increased confidence from both buyers and sellers. Standout performances in Coquitlam, Burnaby South, and West Vancouver show that strength is broad-based rather than confined to one corner of the region, while consistently balanced conditions across North Vancouver, Richmond, and Vancouver’s East Side suggest a market that is healthy and sustainable rather than overheated.

The Fraser Valley is experiencing greater correction in pricing, which is improving affordability to a greater degree. This provides more opportunities for buyers, especially in the new home market.

With inventory levels providing ample choice for buyers and sellers seeing steadily improving absorption of new listings, Greater Vancouver appears well-positioned for a strong summer selling season. The steady, broad-based nature of these gains — rather than a single hot pocket — is perhaps the most encouraging sign of all for the months ahead.

Here’s a summary of the numbers:

Greater Vancouver: Total Units Sold in June were 2,390, up from 2,150 (11%) in May, up from 2,110 (13%) in April, up from 2,032 (18%) in March, up from 2,181 (10%) in June 2025, down from 2,418 (1%) in June 2024, and down from 2,988 (20%) in June 2023; Active Listings were at 17,017 at month end compared to 17,561 at that time last year (down 3%) and 16,917 at the end of May (up 1%); the 6,055 New Listings in June were down 3% compared to May, down 11% compared to April, down 6% compared to June 2025, up 4% compared to June 2024 and up 11% compared to June 2023.

Month’s supply of total residential listings is down to 7 months from 8 (balanced market conditions) and sales to listings ratio of 39% compared to 34% in May, 31% in April, 34% in June 2025, 42% in June 2024 and 55% in June 2023.