Alan Yeh Real Estate

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Renting isn't always a clear-cut situation. Rely on your agent to help you figure out what's best for you.
06/10/2026

Renting isn't always a clear-cut situation. Rely on your agent to help you figure out what's best for you.

If you’ve been on the hunt for a suitable rental, you probably know that the market is fiercel...

If you're in the market for your first home, knowing a little about the purchase process may make the experience even mo...
06/03/2026

If you're in the market for your first home, knowing a little about the purchase process may make the experience even more enjoyable.

Conveyancing is a fancy term for the buying and selling of real estate. You may not have known that ...

GREATER VANCOUVER MARKET REPORT - MAY 2026Led by slow sales in the apartment segment, home sales registered on the MLS® ...
06/02/2026

GREATER VANCOUVER MARKET REPORT - MAY 2026

Led by slow sales in the apartment segment, home sales registered on the MLS® in Metro Vancouver were down nearly four per cent in May compared to last year.

The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 2,150 in May 2026, a 3.5 per cent decrease from the 2,228 sales recorded in May 2025. This was 26.6 per cent below the 10-year seasonal average (2,930).

The total number of properties currently listed for sale on the MLS® system in Metro Vancouver is 16,917, a one per cent decrease compared to May 2025 (17,094). This is 34.6 per cent above the 10-year seasonal average (12,567).

Across all detached, attached and apartment property types, the sales-to-active listings ratio for May 2026 is 13.1 per cent. By property type, the ratio is 10.7 per cent for detached homes, 15.4 per cent for attached, and 14.2 per cent for apartments.

The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $1,100,700. This represents a 6.2 per cent decrease over May 2025 and a 0.2 per cent increase compared to April 2026.

Sales of detached homes in May 2026 reached 660, a 0.9 per cent increase from the 654 detached sales recorded in May 2025. The benchmark price for a detached home is $1,847,900. This represents a 6.9 per cent decrease from May 2025 and a 0.4 per cent increase compared to April 2026.

Sales of apartment homes reached 1,009 in May 2026, a 7.2 per cent decrease compared to the 1,087 sales in May 2025. The benchmark price of an apartment home is $697,800. This represents a 7.9 per cent decrease from May 2025 and a 0.7 per cent decrease compared to April 2026.

If your home isn't selling, you likely need to reduce the price. Here are some reasons why.
05/27/2026

If your home isn't selling, you likely need to reduce the price. Here are some reasons why.

If your home has been sitting on the market for a while, chances are it can start to get stale. The ...

Buying a brand-new home might seem intimidating, but here's why it might be worth the extra expense.
05/20/2026

Buying a brand-new home might seem intimidating, but here's why it might be worth the extra expense.

While many Canadians opt for an older home due to the rising cost of homeownership and difficulties ...

You don't want to mess up the purchase of your new home. Here's how not to do that.
05/13/2026

You don't want to mess up the purchase of your new home. Here's how not to do that.

Buying a home is one of the most exciting life experiences there is. To make the process as smooth a...

A home is a reflection of your personality, but there are some things nearly everyone looks for when house hunting.
05/06/2026

A home is a reflection of your personality, but there are some things nearly everyone looks for when house hunting.

There is likely no bigger purchase than a home. There are some things on most every homebuyers’...

Buying property abroad is an excellent way to invest. Here's what you should know.
04/29/2026

Buying property abroad is an excellent way to invest. Here's what you should know.

If you’re considering buying property abroad for the first time, good for you—it’s an ex...

Buying your first home? Here are three things you should ask your agent.
04/22/2026

Buying your first home? Here are three things you should ask your agent.

Ah, the excitement of putting in an offer on a home! You’ve toured the home or seen the floorplans. ...

How do you find the best neighbourhood to buy a luxury home?
04/15/2026

How do you find the best neighbourhood to buy a luxury home?

In Canada, buying a luxury property means more than just the home or penthouse itself. It also means...

Address

2808 Kingsway
Vancouver, BC
V5R5T5

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