06/08/2026
📊 Vancouver Real Estate Market Update | May 2026
The Vancouver housing market continues to show signs of balance as buyers and sellers navigate a more measured market environment.
🏡 May 2026 Highlights
• 2,150 homes sold across Metro Vancouver
• Sales were down 3.5% compared to May 2025
• 6,115 new listings entered the market
• Active listings reached 16,917, giving buyers more choice than we've seen in recent years
💰 MLS® HPI Benchmark Prices
• All Residential: $1,100,700 (-6.0% YoY)
• Detached Homes: $1,847,900 (-7.0% YoY)
• Townhomes: $1,048,200 (-5.1% YoY)
• Apartments: $697,800 (-7.9% YoY)
📉 Apartment sales were down approximately 7% year-over-year, while detached homes and townhomes showed relatively steadier activity.
Looking ahead, market demand continues to align closely with expectations, suggesting a stable and orderly summer market. With no major catalysts currently on the horizon, conditions may remain balanced, creating opportunities for both buyers and sellers.
📲 Curious what these market trends mean for your home value or next purchase? Send me a DM for a personalized market analysis.
Source: Greater Vancouver REALTORS® May 2026 Market Report
Dev Puri
eXp Realty® | REALTOR®