June 2019 Greater Vancouver Real Estate Stats

Housing supply up, home sales and prices down in June.


With home buyer demand below long term historical averages, the supply of homes continued to accumulate in Metro Vancouver.


The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,077 in June 2019, a 14.4% decrease from the 2,425 sales recorded in June 2018, and a 21.3% decrease from the 2,638 homes sold in May 2019.


Last month's sales were 34.4% below the 10-year June sales average.

This is the lowest total for the month since 2000.

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