Vancouver real estate in May 2026 showed diverging trends across Vancouver East and Vancouver West. House sales rose year-over-year in both cities, while condo and townhouse activity produced mixed results. Additionally, benchmark prices continued their year-over-year correction across all property types. As a result, buyers entering the market in May found moderate absorption conditions and solid selection across most segments.
Vancouver East Real Estate — May 2026
Vancouver East delivered a split performance in May 2026, with house sales rising year-over-year while the condo and townhouse segments showed softer results. Nevertheless, benchmark prices declined month-over-month for houses and condos, while townhouses recorded a notable monthly gain.
Price Analysis — Vancouver East
Vancouver East Houses:
The benchmark price for houses in Vancouver East reached $1,654,900 in May 2026, a 1.5% decline from April 2026. Year-over-year, the benchmark fell 9.7% compared to May 2025. Furthermore, Metro Vancouver’s house benchmark stood at $1,847,900 in May 2026. This places Vancouver East approximately $193,000 below the regional standard. Consequently, Vancouver East continues to offer meaningful value relative to the broader Metro average for houses.
Browse Vancouver East houses listed under $1,654,900 here, or explore available options above $1,654,900.
Vancouver East Attached Homes (Townhomes & Duplexes):
The attached homes benchmark in Vancouver East reached $1,067,400 in May 2026, a 4.0% month-over-month increase. Year-over-year, however, the benchmark still declined 3.7% from May 2025. Additionally, Metro Vancouver’s townhouse benchmark stands at $1,048,200. Vancouver East attached homes therefore carry a marginal $19,200 premium above that regional average. As a result, Vancouver East attached homes are currently priced closely in line with the broader Metro benchmark — a shift driven by this month’s notable price recovery.
Search attached homes and townhomes in Vancouver East under $1,067,400 here, or view attached homes and townhomes above $1,067,400.
Vancouver East Condos:
The condo benchmark in Vancouver East reached $640,800 in May 2026, a 3.6% month-over-month decline. Year-over-year, the benchmark fell 7.9% compared to May 2025. Moreover, Metro Vancouver’s condo benchmark of $697,800 places Vancouver East condos approximately $57,000 below the regional standard. Consequently, this segment remains one of the more accessible condo entry points across Metro Vancouver.
Find Vancouver East condos listed under $640,800 here, or see all condos priced above $640,800.
Market Activity — Vancouver East
Detached home new listings declined to 233 in May 2026, down from 269 in April. Year-over-year, new house supply fell 6.4% from the 248 houses listed in May 2025. Active inventory stands at 681 houses. Attached (Townhomes and Duplexes) fell to 214 new listings in May, down from 262 in April. Year-over-year, however, new attached supply increased 5.6% compared to May 2025. Active inventory for townhouses stands at 182 units. Condo new listings dropped to 256 in May, declining from 308 in April. Furthermore, new condo supply fell sharply — down 22.7% year-over-year from the 314 condos listed in May 2025. Active condo inventory stands at 571 units.
House sales in Vancouver East reached 91 in May 2026, up 26.4% year-over-year from the 72 sales in May 2025. Subsequently, the sales-to-new-listings ratio (SNLR) reached 39.1%, indicating buyer’s market conditions. The sales-to-active-listings ratio for houses stood at 13.4%, above Metro Vancouver’s 10.7% baseline for detached homes. Attached home sales totalled 66 in May 2026, a 5.7% decline year-over-year from the 70 sales in May 2025. The attached homes SNLR of 30.8% continued to signal buyer’s market territory. Meanwhile, 27 townhouse sales against 182 active units produced a townhouse sales-to-active-listings ratio of 14.8%, closely matching Metro Vancouver’s 15.4% townhouse baseline. Condo sales totalled 110 in May 2026, rising 8.9% year-over-year from the 101 sales in May 2025. The SNLR for condos reached 43.0%, indicating balanced market conditions. Additionally, the condo sales-to-active-listings ratio reached 19.6%, well above Metro Vancouver’s 14.2% condo baseline.
- Check houses with open houses in Vancouver East here
- Browse townhomes with open houses in Vancouver East
- Find condos with open houses in Vancouver East
Vancouver West Real Estate — May 2026
Vancouver West recorded a strong year-over-year surge in house sales during May 2026. Nevertheless, townhouse and condo sales declined year-over-year, and all three benchmark prices continued their downward annual trend.
Price Analysis — Vancouver West
Vancouver West Houses:
The benchmark price for houses in Vancouver West reached $3,025,000 in May 2026, a 1.5% monthly increase from April. Year-over-year, however, the benchmark declined 8.5% from May 2025. Furthermore, Metro Vancouver’s house benchmark stood at $1,847,900 in May 2026. Vancouver West houses carry a premium of approximately $1,177,100 above that regional standard. Consequently, this segment reflects Vancouver West’s established positioning at the upper end of Metro Vancouver’s market.
Browse Vancouver West houses listed under $3,025,000 here, or discover available homes priced above $3,025,000.
Vancouver West Attached Homes (Townhomes & Duplexes):
The attached homes benchmark in Vancouver West reached $1,331,700 in May 2026, a 0.7% monthly decline. Year-over-year, the benchmark fell 5.6% from May 2025. Additionally, Metro Vancouver’s townhouse benchmark of $1,048,200 places Vancouver West attached homes at a premium of approximately $283,500 above the regional average. As a result, this segment continues to reflect Vancouver West’s premium positioning across all property types.
Search attached homes and townhomes in Vancouver West under $1,331,700 here, or explore attached homes and townhomes above $1,331,700.
Vancouver West Condos:
The condo benchmark in Vancouver West reached $783,300 in May 2026, a 0.9% monthly decline. Year-over-year, the benchmark fell 6.8% from May 2025. Moreover, Metro Vancouver’s condo benchmark of $697,800 places Vancouver West condos at a premium of approximately $85,500 above the regional average. Specifically, this represents a moderate premium relative to the larger gaps seen across Vancouver West’s house and townhouse segments.
Find Vancouver West condos listed under $783,300 here, or see all listings above $783,300.
Market Activity — Vancouver West
Detached home new listings fell to 202 in May 2026, down from 251 in April. Year-over-year, new house supply declined 25.7% compared to May 2025. Active inventory stands at 732 houses. Attached (Townhomes and Duplexes) declined to 207 new listings in May, down from 231 in April. Year-over-year, however, new attached supply increased 7.7% compared to May 2025. Active inventory for townhouses stands at 337 units. Condo new listings reached 729 in May, slightly down from 744 in April. Furthermore, new condo supply fell 12.6% year-over-year from May 2025. Active condo inventory stands at 1,748 units across Vancouver West.
House sales in Vancouver West reached 78 in May 2026, a 47.2% increase year-over-year. Subsequently, the sales-to-new-listings ratio (SNLR) for houses reached 38.6%, indicating buyer’s market conditions. The sales-to-active-listings ratio stood at 10.7%, closely matching Metro Vancouver’s 10.7% baseline for detached homes. Attached home sales totalled 64 in May 2026, a 3.0% decline year-over-year from the 66 sales in May 2025. The attached homes SNLR of 30.9% signalled buyer’s market territory. Meanwhile, 46 townhouse sales against 337 active units produced a townhouse sales-to-active-listings ratio of 13.6%, below Metro Vancouver’s 15.4% townhouse baseline. Condo sales reached 272 in May 2026, a 6.6% decline year-over-year. The condo SNLR of 37.3% remained in buyer’s market territory. Additionally, the condo sales-to-active-listings ratio of 15.6% exceeded Metro Vancouver’s 14.2% condo baseline.
- See houses with open houses in Vancouver West here
- Discover townhomes with open houses in Vancouver West
- Explore condos with open houses in Vancouver West
Metro Vancouver Market Context — May 2026
May 2026 saw apartment sales lag behind steadier performance in the attached and detached segments across Metro Vancouver. According to Greater Vancouver REALTORS® (GVR), Andrew Lis noted: “While attached sales held relatively steady and detached sales edged up roughly one per cent in May, apartment sales were down about seven per cent year-over-year, which weighed down the overall sales total. Even then, apartment sales were not down uniformly across all regions — some of the larger areas such as North and East Vancouver saw increases relative to last year.”
Furthermore, Lis observed that “price trends across all housing types were flat month-over-month, as a healthy level of inventory easily absorbed the relatively muted level of overall demand in the market.”
Metro Vancouver’s sales-to-active-listings ratios in May 2026 stood at 10.7% for detached homes. Townhouses recorded 15.4%, while condos registered 14.2%. Vancouver East showed stronger house absorption, posting a 13.4% ratio above Metro’s 10.7% baseline. The Vancouver East townhouse ratio of 14.8% closely matched Metro’s 15.4% baseline. Meanwhile, Vancouver East condos outpaced the regional average considerably — posting a 19.6% ratio, well above Metro’s 14.2% condo baseline. Vancouver West houses precisely matched the Metro detached baseline at 10.7%. The Vancouver West townhouse ratio of 13.6% fell below Metro’s 15.4% baseline. However, Vancouver West condos edged above the regional average, posting a 15.6% ratio against Metro’s 14.2% condo baseline.
Frequently Asked Questions — Vancouver Real Estate May 2026
Q: Are Vancouver home prices rising or falling in May 2026?
A:
Vancouver home prices are declining year-over-year across both cities. In Vancouver East, house benchmarks fell 1.5% month-over-month and 9.7% year-over-year, while condos dropped 3.6% monthly and 7.9% annually. Townhouses bucked the trend with a 4.0% monthly gain, though they still declined 3.7% year-over-year. In Vancouver West, houses rose 1.5% month-over-month but remained down 8.5% year-over-year. Townhouses and condos each declined 0.7% and 0.9% monthly, with year-over-year drops of 5.6% and 6.8% respectively.
Q: Is it a good time to buy Vancouver real estate in May 2026?
A:
May 2026 conditions continue to favour buyers across both cities. Sales-to-new-listings ratios confirmed buyer’s market conditions across most segments, with Vancouver East condos the lone exception at a balanced 43.0% SNLR. Additionally, sales-to-active-listings ratios remain moderate — Vancouver East houses posted 13.4% and Vancouver West houses matched Metro precisely at 10.7%, both well below the 20% threshold that signals upward price pressure. Consequently, buyers in both cities benefit from solid selection and negotiating room heading into summer.
Q: Which Vancouver area offers better real estate value in May 2026?
A:
Vancouver East offers stronger relative value across most property types. House benchmarks in Vancouver East ($1,654,900) are approximately $1,370,100 below Vancouver West ($3,025,000). Condos in Vancouver East ($640,800) are $142,500 more affordable than Vancouver West ($783,300). Furthermore, Vancouver East house and condo benchmarks remain below Metro Vancouver averages, reinforcing its position as one of the region’s most accessible markets. Vancouver West, however, recorded the stronger house sales growth — up 47.2% year-over-year versus Vancouver East’s 26.4%.
Q: How does Vancouver East compare to Vancouver West for real estate investment?
A:
Both cities remain in buyer’s market territory in May 2026, though their investment profiles differ. Vancouver East offers lower entry points, and condo absorption at 19.6% significantly outpaces Metro Vancouver’s 14.2% baseline — suggesting active demand relative to supply. Additionally, house sales rose 26.4% year-over-year in Vancouver East. Vancouver West, meanwhile, recorded its strongest performance in houses — up 47.2% year-over-year — while condo absorption at 15.6% edged above Metro’s 14.2% baseline. The 8.5% year-over-year price correction in Vancouver West houses may also represent a repricing opportunity for longer-term buyers.
Q: What are the best Vancouver communities to buy in May 2026?
A:
Both Vancouver East and Vancouver West offer opportunities in May 2026, depending on budget and property type. Vancouver East remains the value-focused choice — with house and condo benchmarks below Metro Vancouver averages and above-regional condo absorption. Specifically, condo buyers benefit from 571 active listings and growing year-over-year sales. Vancouver West suits buyers targeting premium houses, where the 8.5% year-over-year price correction has introduced meaningful adjustments from prior peak levels. Additionally, Vancouver West condo absorption at 15.6% exceeded Metro’s baseline in May 2026, suggesting continued buyer interest in that segment.
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