JULY 2026 FOUNDER’S MESSAGE – A Season to Remember
The long sunny days of July are here. The FIFA World Cup has given Vancouver an unforgettable start to summer, bringing people together from around the globe. We’ve welcomed the world to our doorstep and the atmosphere across the city has been electric.
Home sales are up this month in all types of housing across Metro Vancouver. 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 was 5.9% above the 10-year seasonal average.
Sales of detached homes in June 2026 were up 13.7% from June 2025. Attached home sales in June 2026 were up 11.4% compared to the same time last year. The total number of properties currently listed for sale on the MLS system in Metro Vancouver is 17,017, up 30.2% above the 10-year seasonal average.
June’s data could be an early sign of a shift in the market, explained Andrew Lis, Greater Vancouver Realtors’ chief economist and vice-president of data analytics, in a recent report. All housing types posting gains in June points to demand returning to the market more broadly.
Metro Vancouver’s real estate market is active and benchmark prices are stable. Mortgage rates remain low and the condo market is currently the strongest it has been in 14 months. Most major Canadian bank economists predict the Bank of Canada to deliver one or two more modest rate cuts before the end of the year.
July is an excellent month to meet with an expert VIRANI advisor to position your home in the market. With more than 30 years’ experience, our advisors have a thorough understanding of both the local and international markets and offer sound advice to help you create solid, long-term investments. Clients are empowered to make informed decisions. Whether you’re a first-time buyer, retiree, builder or developer, we listen carefully and provide you with sound, honest advice based on extensive research.
Contact one of our advisors this month for a complimentary comparative market analysis of your home. You may be surprised to learn what your home is worth in today’s market and the possibilities it offers. Metro Vancouver’s market is busy and it’s a great time to consider your real estate options, whether buying, selling or growing your real estate portfolio.
July marks the halfway point of the year. If your home is vacant for more than six months, it is generally considered to be an empty home and is subject to the City of Vancouver’s Empty Homes Tax. Speak to a VIRANI advisor for a complimentary rental evaluation of your property. As Vancouver’s top rental management company, RENT + MANAGE offers you exceptional professional, property management services.
Our highly experienced team procures suitable tenants quickly and handles everything from monthly payments to maintenance repairs so you can focus on other business. Our advisors approach every management detail with a high level of professionalism. Join the many clients who have chosen RENT + MANAGE and experience the most individualized service possible. We keep your property at its best value so you’ll get the best return.
VIRANI recently listed the exceptional Laxton Estates. This once-in-a-lifetime generation estate is among the most extraordinary waterfront properties in the Pacific Northwest. Commanding a dramatic shoreline setting with over 330 feet of linear ocean frontage, Laxton Estates offers unparalleled privacy and offers breathtaking views. This iconic, 2.8 acre property spans four legal parcels and offers a seamless connection to its spectacular natural environment. Surrounded by pristine waterfront and beautifully landscaped grounds, the residence embodies the finest in coastal luxury. Combining architectural excellence, complete privacy and extraordinary natural beauty, this remarkable waterfront estate presents a rare opportunity to acquire one of the most significant and prestigious oceanfront properties.
Vancouver will continue to prosper in 2026 and beyond as we truly are the lifestyle capital of the world. Hosting the FIFA World Cup has brought communities from around the world together in our stunning city. Hundreds of thousands of spectators have come to Vancouver for its seven World Cup matches, filling many hotels, restaurants and attractions. The event is estimated to generate $1 billion during the tournament and the following five years, while also showcasing Vancouver to a worldwide audience. The city has gained global exposure as a destination for tourism, business investment and future international events.
Beautifully located on the Pacific Ocean and nestled up against the North Shore Mountains, Vancouver is a gem on the world stage. We are home to every type of year-round outdoor sport and adventure imaginable. With many beautiful local beaches and parks, Vancouverites can swim, sunbathe and picnic while enjoying glorious mountain, water and city views. It’s been an honour to open our doors to the world and share this remarkable experience.
As we enjoy the sunny days of summer, this unique chapter for our city has created memories that will stay with us long after the tournament. The past few weeks have been filled with excitement, community and moments our city won’t soon forget. I hope the rest of July is filled with all the fun and unforgettable experiences that make summer on the West Coast so special.