What is happening in the Vancouver market right now?
Vancouver’s June 2026 data shows new listings running 2% below the five year average while sales have dropped 20%, pushing inventory up 26% and months of supply up 47%. The benchmark price is $1,099,100, rising 1.09% month over month but down 1.91% year over year. Buyer leverage continues to improve as elevated inventory and slower absorption keep downward pressure on prices despite modest monthly gains. Annual prices are negative across every segment, with detached down 4.27%, attached down 3.92%, and condominiums down 1.35%.
1 Overall Market
Inventory builds and demand weakens as annual prices fall 1.91% across the Vancouver market
June data shows constrained listing activity alongside weaker demand. New listings are 2% below the five year June average, while sales are down 20%. Inventory has increased 26%, pushing months of supply up 47%.
The benchmark price is $1,099,100, rising 1.09% month over month but down 1.91% year over year. Buyer leverage continues to improve as elevated inventory and slower absorption keep downward pressure on prices despite modest monthly gains.
$1,099,100
Benchmark price
-1.91%
Year over year
+26%
Inventory change
+47%
Months of supply
2 Detached Homes
Continued pressure on higher-priced properties as annual values fall 4.27% and sales decline 17%
Detached conditions remain soft. New listings are 4% below the five year June average, while sales are down 17%. Inventory has increased 20%, pushing months of supply up 37%.
The benchmark price is $1,849,900, rising 1.59% month over month but down 4.27% year over year. Annual price declines indicate continued pressure across higher priced properties despite a modest monthly recovery.
$1,849,900
Benchmark price
-4.27%
Year over year
-4%
New listings vs avg
-17%
Sales change
3 Condominiums
Elevated supply and weaker demand limit price growth as annual benchmark slips 1.35%
Condominium conditions continue to favour buyers. New listings are 4% below the five year June average, while sales have fallen 25%. Inventory has climbed 25%, increasing months of supply by 52%.
The benchmark price is $695,200, down 0.09% month over month and 1.35% year over year. Elevated supply and weaker demand continue to limit price growth across the segment.
$695,200
Benchmark price
-1.35%
Year over year
-4%
New listings vs avg
-25%
Sales change
4 Attached Homes
Rising supply and declining sales drive the sharpest inventory surge in the Vancouver market
The attached segment remains under pressure. New listings are 10% above the five year June average, while sales are down 10%. Inventory has surged 42%, pushing months of supply up 53%.
The benchmark price is $1,046,200, down 2.08% month over month and 3.92% year over year. Rising supply and declining prices point to increasingly competitive conditions for sellers across this segment.
$1,046,200
Benchmark price
-3.92%
Year over year
+10%
New listings vs avg
-10%
Sales change
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Common Questions
Is Vancouver currently a buyer’s market or a seller’s market?
Vancouver is in buyer-favourable territory as of June 2026. Inventory is up 26% and months of supply has risen 47%, giving buyers considerably more leverage than a year ago. Annual prices are negative across every segment, confirming that sellers are operating in a more competitive environment than at any point in recent years.
What is the benchmark price in Vancouver right now?
The overall benchmark price in Vancouver is $1,099,100 as of June 2026, up 1.09% month over month but down 1.91% year over year. By segment: detached homes benchmark at $1,849,900, condominiums at $695,200, and attached homes at $1,046,200.
Which Vancouver property type is under the most pressure right now?
Detached carries the steepest annual price decline at -4.27%, with sales down 17% and months of supply up 37%. Attached is close behind at -3.92% annually, with inventory surging 42% and new listings running 10% above the five year average. Condominiums are the most resilient relative to the other segments, with annual prices down 1.35%, though conditions still favour buyers.
Why did the overall benchmark price rise month over month when annual prices are negative?
The 1.09% monthly gain reflects a short term shift in the mix of units that transacted in June rather than a reversal of the underlying trend. When higher-priced properties make up a larger share of a month’s sales, the composite benchmark rises even as annual values decline. The year over year figure is the more reliable indicator of directional market pressure.
Is now a good time to sell in Vancouver?
Conditions favour buyers in all three segments as of June 2026. Sellers who need to transact should price accurately to current market data and not to what prices were doing 12 months ago. Condominium sellers face the least competitive pressure relative to the other segments. Detached and attached sellers are competing in environments with elevated inventory and meaningful annual price declines. Your free Bōde Homeowner Dashboard tracks your property’s current value and local comparable activity so you can price and time the market with real data.