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The World Cup Celebrations in Vancouver

Downtown Vancouver is currently celebrating the 2026 FIFA World Cup with a five-block pedestrian zone on Granville Street (from Georgia to Davie), running daily until July 19, 2026. This car-free celebration features themed zones, interactive games, expanded patios, and light installations. Its a really cool time to walk along Granville Street enjoying the festivities.

Key highlights and venues include:

  • Granville Street Pedestrian Zone: Features five uniquely themed blocks spanning from W Georgia to Davie streets. Highlights include selfie central, water misters, arts and crafts, and installations celebrating Vancouver's LGBTQIA2S+ community. Loads of bars and restaurants with their open patios for watching the games or just having fun with your pals.

  • Official FIFA Fan Festival: Located at the PNE/Hastings Park (2901 E Hastings Street) outside of downtown proper, this free festival runs until July 19, 2026. It features massive screens, live entertainment, and a 10,000-capacity open-air amphitheatre. Usually loaded with fans of all ages, a unique time to be out and about enjoying life in Vancouver.

  • Neighborhood Maps & Events: For a complete list of participating downtown venues, restaurants, and watch parties, check the Downtown Van Directory.

While match days at BC Place have concluded, the festivities and watch parties continue across the city through July 19. You can explore the full schedule of events and transit information on the Official Vancouver FWC26 Website.

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Condo Bailout?
Condo bailout? What it could mean for you

If you are wondering what the latest condo headlines mean for you, the short answer is that it depends on where you are in the market.

You may have seen the recent news about the federal and B.C. governments looking at a plan to buy up to 2,200 unsold condos and turn them into affordable or rent-to-own housing. The proposal has drawn attention because it touches on two issues at once: completed condos that have not sold, and the ongoing need for more accessible housing options. The reaction has been mixed. Some have questioned whether this amounts to support for developers, while others see potential value in using homes that are already built. Premier David Eby has said the province would be looking at distressed condos, ideally purchased at discounted prices, with participating developers still expected to take losses.

From a market perspective, the key point is that today’s extra condo inventory does not necessarily answer the longer-term supply question. If current conditions make it harder for new projects to move forward, the impact may show up later in how much housing is available. For buyers, a slower condo market can mean more choice and, in some cases, more room to negotiate. For sellers, it means buyers are comparing options carefully, so pricing, preparation, and presentation continue to matter.

The headline may be about 2,200 condos, but the broader issue is how today’s market conditions connect to future housing supply across Greater Vancouver, and what that may mean for your own plans.

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 Greater Vancouver Home Sales pick up

Greater Vancouver home sales pick up at the start of summer

Demand for all home types in Metro Vancouver* increased to start the summer, with home sales up nearly ten per cent year-over-year in June.

 

The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 2,390 in June 2026, a 9.6 per cent increase from the 2,181 sales recorded in June 2025. This was 12.4 per cent below the 10-year seasonal average (2,728).

 

“June saw a pattern of broad gains in home sales across all home types relative to the same time last year, which has been a rare occurrence in recent years,” said Andrew Lis, GVR chief economist and vice-president data analytics. “June’s data could be an early sign of a shift in the market. In recent years, sales trends have usually been mixed across home types, which is typical of a sideways trending market. But with all housing types posting gains in June, the data indicate demand may be returning to the market more broadly.”

 

There were 5,938 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in June 2026. This represents a six per cent decrease compared to the 6,315 properties listed in June 2025. This was 5.9 per cent above the 10-year seasonal average (5,609).

 

The total number of properties currently listed for sale on the MLS® system in Metro Vancouver is 17,017, a 3.1 per cent decrease compared to June 2025 (17,561). This is 30.2 per cent above the 10-year seasonal average (13,070).

 

Across all detached, attached and apartment property types, the sales-to-active listings ratio for June 2026 is 14.6 per cent. By property type, the ratio is 12 per cent for detached homes, 17.8 per cent for attached, and 15.5 per cent for apartments.

 

Analysis of the historical data suggests downward pressure on home prices occurs when the ratio dips below 12 per cent for a sustained period, while home prices often experience upward pressure when it surpasses 20 per cent over several months.

 

“Despite signs that demand is slowly returning to the market, prices haven’t moved much in recent months as the inventory of homes for sale has been big enough to absorb the increased demand,” Lis said. “Prices typically trend upwards when demand rises and inventory declines. With recent data revealing a slower pace of new listings coming to market, standing inventory is no longer climbing, and may be showing early signs of reversing. It’s still too early to call, but if the current pattern of rising demand and slower new listings continues, we may see a sustained downtrend in inventory over the coming months.”

 

The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $1,099,100. This represents a 6 per cent decrease over June 2025 and a 0.1 per cent decrease compared to May 2026.

 

Sales of detached homes in June 2026 reached 747, a 13.7 per cent increase from the 657 detached sales recorded in June 2025. The benchmark price for a detached home is $1,842,900. This represents a 7.1 per cent decrease from June 2025 and a 0.3 per cent decrease compared to May 2026.

 

Sales of apartment homes reached 1,103 in June 2026, a 6.1 per cent increase compared to the 1,040 sales in June 2025. The benchmark price of an apartment home is $695,200. This represents a 7.1 per cent decrease from June 2025 and a 0.4 per cent decrease compared to May 2026.

 

Attached home sales in June 2026 totalled 527, a 11.4 per cent increase compared to the 473 sales in June 2025. The benchmark price of a townhouse is $1,046,200. This represents a 5 per cent decrease from June 2025 and a 0.2 per cent decrease compared to May 2026.


Download GVR's June 2026 MLS® Residential Market Report.

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Reciprocity Logo The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.