Vancouver-area home sales up nearly 10% in June amid broad increase in demand: board

Condo and office towers are seen in downtown Vancouver, on Tuesday, Oct. 21, 2025. THE CANADIAN PRESS/Darryl Dyck

Vancouver’s real estate board says the region saw increased activity in June as demand for all home types rose compared with the same month last year.

Greater Vancouver Realtors says there were 2,390 home sales last month, up 9.6 per cent from June 2025, but 12.4 per cent below the 10-year seasonal average.

Andrew Lis, the board’s chief economist and vice-president of data analytics, says June’s data showing broad increases in activity could be an early sign of a shift in the market, however prices “haven’t moved much in recent months as the inventory of homes for sale has been big enough to absorb the increased demand.”

The composite benchmark price for all types of residential properties in Vancouver was $1,099,100, a six per cent decrease from June 2025 and essentially flat from May 2026.

There were 5,938 new listings on the market last month, down six per cent year-over-year but 5.9 per cent above the 10-year average.

Total inventory fell 3.1 per cent annually to 17,017, which was 30.2 per cent above the long-term average.

This report by The Canadian Press was first published July 3, 2026.