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Blog by Don Kennedy

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VANCOUVER WEST JUNE HOUSE 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 1.4 percent increase from May to June for the average price of Metro Vancouver detached properties. The benchmark price for houses in June 2026 is 7.1 percent below the previous June. Year to year the volume of detached home sales rises 13.7 percent.

 

Last month versus June 2025, Vancouver west detached prices decline 9.2 percent. West side house sales are up 14.7 percent year to year. Inventory is down 10.1 percent this June compared to the previous June.

 

From May to June west side house sales are at par. Month to month detached inventory rises 18.3 percent.

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