BC Housing Market June 2026: Inventory Plateaus, Homes Take Longer to Sell

Detached houses: 6,172 active listings. Median price $2,050,000. Median $784 per square foot. 60 days on market. Detached was the softest segment again in June. Inventory grew about 2 percent, the median stepped down from $2,098,000 to $2,050,000, and days on market reached 60, the longest of any major segment and up nine days from May. Sellers who held firm through the spring are increasingly recutting prices. Well-located, well-priced detached still moves; everything else is sitting two months or longer.

Fraser Valley: Inventory Steadies, Value Case Intact

The Fraser Valley closed June with 8,446 active listings at a $979,950 median and $545 per square foot across all property types. Inventory was up less than 1 percent from May, a clear deceleration after three months of strong builds, and it remains the deepest the board has been in years. Median days on market lengthened to 54 from 50, again among the longest of any major BC region tracked here. The Fraser Valley value gap to Greater Vancouver held wide: at $545 per square foot board-wide, Fraser Valley homes trade at roughly a 35 percent discount to Greater Vancouver on a per-square-foot basis.

Fraser Valley condos: 2,316 active listings. Median price $499,999. Median $645 per square foot. 56 days on market. The Fraser Valley condo median slipped just under the $500,000 mark in June, down from $509,900 in May, and remains one of the only segments in BC where a typical first-time buyer pays zero Property Transfer Tax. Inventory was flat while days on market stretched to 56. Buyers in this segment have time, selection, and the cleanest affordability math in the region.

Fraser Valley townhouses: 1,974 active listings. Median price $814,950. Median $504 per square foot. 46 days on market. The Fraser Valley townhouse value case remains the strongest in the province. At $504 per square foot, buyers pay roughly 36 percent less per square foot than for a comparable Greater Vancouver townhouse ($793/sqft). The median eased slightly from $824,900 in May, inventory grew less than 1 percent, and at 46 days on market this is still among the tighter parts of the Fraser Valley. Browse Fraser Valley listings on Zealty.

City-by-City Snapshot for June 2026

Surrey: 4,419 active listings. Median $998,000. Median $561 per square foot. 55 days on market. Surrey inventory was essentially flat in June after leading the region in absolute builds through spring. The median held at $998,000 and price-per-square-foot drifted slightly lower, but days on market lengthened by five days to 55. Inventory remains concentrated in condo product around Surrey Centre and Whalley, which continues to pull the board median below townhouse-heavy areas like Cloverdale and Fleetwood. Surrey market stats on Zealty.

Burnaby: 1,994 active listings. Median $889,450. Median $829 per square foot. 54 days on market. Burnaby inventory ticked up modestly to 1,994 and the median softened to $889,450 from $899,000 in May. Days on market lengthened from 49 to 54. The mid-market story holds: SkyTrain access at a meaningful discount to the City of Vancouver, with the negotiating dynamic now firmly in buyers' favour. Burnaby market stats on Zealty.

North Vancouver: 1,031 active listings. Median $1,349,900. Median $887 per square foot. 42 days on market. North Vancouver is still the fastest-moving major region, but June was its biggest slowdown of the year: days on market jumped from 31 to 42, an 11-day rise, and inventory edged down to 1,031. The North Shore stays supply-constrained by geography and price-anchored by lifestyle demand, but even this market loosened in June. North Vancouver market stats on Zealty.

Richmond: 2,051 active listings. Median $999,999. Median $774 per square foot. 59 days on market. Richmond held just above 2,000 active listings, with the median steady at $999,999 and price-per-square-foot easing to $774. Days on market stretched to 59, among the slowest-clearing major markets in the region. Buyers have ample selection and time, particularly in detached. Richmond market stats on Zealty.

June Trends Worth Tracking

Three trends defined the June market and are worth carrying into July:

Days on market jumped almost everywhere. Greater Vancouver's board-wide median rose from 45 days to 54, the largest single-month increase of 2026. Condos moved from 45 to 53, detached from 51 to 60, Burnaby from 49 to 54, and even North Vancouver, the region's tightest market, lengthened from 31 to 42. When inventory stops climbing but homes still take longer to sell, it means buyers, not new supply, are setting the pace. This is the clearest signal that early summer opened slow.

Inventory plateaued near multi-year highs. After three straight months of roughly 6 percent builds, Greater Vancouver added under 1 percent in June (16,197 to 16,270) and the Fraser Valley did the same (8,372 to 8,446). Supply has stopped surging, but it is sitting at the highest level the market has seen in years. The combination of flat-but-elevated inventory and lengthening days on market is what keeps leverage on the buyer's side.

Prices kept softening in detached and townhouse. Greater Vancouver detached eased from $2,098,000 to $2,050,000 (down 2.3 percent) and townhouses slipped below $1.2 million for the first time this year, from $1,229,000 to $1,199,900 (down 2.4 percent). Condos held essentially flat at $699,000. Fraser Valley condos dipped just under $500,000. The board-wide medians look stable, but the two priciest Greater Vancouver segments are quietly giving buyers more room each month.

What This Means Heading Into July

June confirmed the trend May started. The brief April firming is well behind the market now. Inventory has stopped surging only because it has reached a multi-year ceiling, days on market lengthened across nearly every segment, and the priciest Greater Vancouver property types kept softening. Heading into the slower summer stretch, buyer leverage is as wide as it has been at any point in 2026, and there is little in the June data to suggest that changes before fall.

For active buyers, three Zealty filters are particularly useful in this market. Sorting by days on market surfaces listings sitting 45 days or longer, and with the board median now at 54, plenty of motivated sellers fall into that bucket. Sorting by price-change percentage finds homes where sellers have already cut once, which usually signals more room. The price-vs-previous-sold filter highlights properties listed at or below their last sale price, often a sign of genuine repricing. With more than 16,000 listings active across Greater Vancouver alone, these filters are how you separate motivated sellers from anchored ones.

First-time buyers should keep focusing on the condo segments in Greater Vancouver and the Fraser Valley, where prices have stayed soft and a large share of inventory sits inside or near the BC Property Transfer Tax exemption window, with Fraser Valley condos now under $500,000. For a full walkthrough of PTT, the FHSA, and the Home Buyers' Plan, see our complete guide to first-time buyer programs in BC for 2026.

Start Your July Search on Zealty

Every number in this post comes from live Zealty MLS data, refreshed throughout the day. June closed with inventory holding near multi-year highs, days on market jumping across the board, and prices softening in the two largest Greater Vancouver segments. The slower summer market looks set to keep that pattern going. If you want to be alerted the moment a property fitting your criteria comes on, set up a saved search by neighbourhood, price range, and property type and Zealty will email you the matches as they list.

Search active BC listings with live MLS data on Zealty and filter by region, property type, and price to find the homes that match your plan for July.