GREATER VANCOUVER · 10 YEARS OF JULY
Greater Vancouver July market trends from 2016 to 2026
Majid Sharifi reviews a decade of July market history—including inventory, new listings, home-price trends and the sales-to-active-listings ratio—then connects that longer view with today's conditions.
WATCH THE 10-YEAR REVIEW
10 years of July: 2016–2026
In this Persian-language video, Majid reviews how Greater Vancouver's July inventory, new listings, prices and market balance changed over the past decade.
Watch or share on Instagram →OFFICIAL REGIONAL SNAPSHOT
Greater Vancouver housing statistics
June 2026 data published by Greater Vancouver REALTORS® on July 3, 2026. These regional figures provide context; individual cities, neighbourhoods and property types can perform differently.
↑2,390Residential sales
+9.6% year over year
↑5,938New listings
5.9% above the 10-year June average
↑17,017Active listings
30.2% above the 10-year June average
14.6%Sales-to-active ratio
All residential property types
↓$1,099,100Composite benchmark
−6.0% year over year
↓−0.1%Monthly benchmark change
Compared with May 2026
Detached benchmark$1,842,900
Townhouse benchmark$1,046,200
Apartment benchmark$695,200
The 2,390 sales were 12.4% below the 10-year seasonal average. Elevated selection and a 14.6% sales-to-active-listings ratio suggest that buyers and sellers should rely on current local comparables, not the regional headline alone. Verify the June statistics with GVR →
The signal
Momentum changed, but one number never tells the whole story
Greater Vancouver REALTORS® described the latest monthly movement as home sales losing some of their brief momentum. That change should be read together with the supply of active listings, the sales-to-active-listings ratio, the property category and recent comparable sales.
A regional slowdown does not mean every neighbourhood or every well-priced home moves at the same pace. Detached homes, townhomes and apartments can show materially different conditions, and the difference can be even larger at the neighbourhood level.
Read the latest Greater Vancouver REALTORS® release →
For buyers
Compare recent sold properties with active competition, preserve appropriate due diligence and confirm financing before removing conditions.
02For sellers
Launch with a price supported by current evidence. Watch showings, competing inventory and buyer feedback during the first weeks.
03For homeowners
Use a property-specific comparative market analysis rather than treating a regional benchmark as an automatic valuation.
Local application
Use the update city by city
North Vancouver: compare the City and District separately, then account for property type, slope, view, condition, suite potential and school or transit access.
Coquitlam: compare established neighbourhoods, Burke Mountain, the town-centre condo market and transit-oriented areas rather than relying on a single city-wide figure.
Port Coquitlam: examine detached, townhouse and apartment activity separately, with attention to lot, age, strata condition, transit and proximity to local services.
Financing context
The market and mortgage plan must work together
A negotiated purchase price is only one part of affordability. Buyers should also test the qualifying rate, down payment, closing costs, property taxes, strata fees, heating, debts and any lender treatment of rental income.
Homeowners considering a sale or refinance should compare estimated equity, existing mortgage terms, possible penalties and the cost of the next property before deciding.
Explore mortgage options →
Market questions
July 2026 Greater Vancouver market FAQ
Is Greater Vancouver currently a buyer's or seller's market?
Market conditions vary by municipality, property type and price range. Regional averages are useful context, but a decision should be based on current comparable sales and competing listings for the specific property.
Does a regional benchmark price determine what my home is worth?
No. A benchmark describes a typical property in a broad market segment. A home valuation should also consider location, lot, condition, renovations, view, strata history and recent comparable sales.
Should buyers wait when sales momentum slows?
Not necessarily. Buyers should compare selection, negotiating position, financing costs and personal timing. A slower market can create opportunities, but every property and financing plan must be reviewed individually.
What should sellers do in a market with substantial inventory?
Pricing, preparation and launch strategy become especially important. Sellers should study the closest competing listings and recent sales, then adjust quickly when buyer feedback and activity do not support the initial position.
Primary sources
Verify the market commentary and statistics
What does this market mean for your property?
Contact Majid for a property-specific buying, selling or financing conversation across Greater Vancouver.
General information only; not legal, tax, accounting or financial advice. Market conditions and lender guidelines can change. Statistics and benchmarks do not determine an individual property's value or predict future results.