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Blog by Don Kennedy

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VANCOUVER WEST 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.

 

June 2026 versus the previous June, the benchmark price for west side condos is 5.6 percent lower. Vancouver west apartment sales are down 3.9 percent June to June. Year to year west side apartment inventory drops 10.1 percent.

 

From May to June, Vancouver west apartment sale are at par. Month to month west side condo inventory is up 18.3 percent.

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