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June 2024 Market Update

June 2024 Market Update

Metro Vancouver home sales registered on the MLS® remained below seasonal and historical averages in June. With reduced competition among buyers, inventory has continued to accumulate to levels not seen since the spring of 2019. The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 2,418 in June 2024, a 19.1% decrease from the 2,988 sales recorded in June 2023. This was 23.6% below the 10-year seasonal average (3,166).

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Madi Pistilli

604-836-4204

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