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Blog by Don Kennedy

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VANCOUVER EAST JUNE APARTMENT MARKET

Attached please find the latest statistics from Greater Vancouver Realtors.

 

The News Release expresses optimism as all housing types show sales gains in June that put a significant dent in the large inventory which had built up over the spring. Last month saw a 9.6 percent increase in residential sales compared to June 2025. Year to year newly listed properties are down six percent. Total inventory this June is 3.1 percent lower than June 2025.  Supply has kept prices flat lately but with fewer new listings there is now potential to change that and indeed the composite value of all properties is 6 percent higher June to June.

 

The graph shows a 0.1 percent dip from May to June for the average condominium sale price in Metro Vancouver. This June compared to last June, the overall benchmark price of an apartment decreases 7.1 percent. Year to year the volume of condo sales declines 7.2 percent.

 

Vancouver east apartment prices are down 7.2 percent last month compared to June 2025. June to June east side apartment sales see a 0.9 percent uptick. Year to year east side condo inventory slips 0.9 percent.

 

From May to June, east side apartment sales are down 2.7 percent. Month to month inventory rises 18.4 percent.

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