VANCOUVER, BC – July 3, 2026 – 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

If your home was built between the late 1970s and the mid-1990s, there's a chance it contains Poly-B plumbing. While many homes with Poly-B continue to function without issues, it's one of the first things buyers, home inspectors, and insurance companies often look for during a real estate transaction.

Understanding what Poly-B is and how it may affect your home can help you make informed decisions, whether you're buying, selling, or simply planning for the future.

What Is Poly-B Plumbing?

Poly-B, short for polybutylene piping, is a flexible plastic plumbing material that was widely used in residential construction because it was affordable and easy to install.

Thousands of homes throughout Metro Vancouver and other parts of Canada were built with Poly-B plumbing during this period.

Why Is It a Concern?

Over time, Poly-B piping has been found to be more susceptible to deterioration than other plumbing materials. Factors such as water quality, pressure, and age can contribute to the pipes becoming brittle or developing leaks.

Not every home with Poly-B will experience problems, but because the material has a history of failures, many buyers and insurance providers pay close attention when it is present.

What Does This Mean for Homeowners?

If your home has Poly-B plumbing, it doesn't necessarily mean you need to replace it immediately.

However, it's a good idea to:

• Know whether your home has Poly-B piping.

• Have the plumbing inspected if you notice leaks or signs of wear.

• Understand how it may affect your insurance coverage.

• Be prepared to answer buyer questions if you're planning to sell.

For some homeowners, replacing the plumbing before listing can provide peace of mind and improve buyer confidence. For others, the existing system may continue to perform well for years. The best approach depends on the home's condition and your long-term plans.

The Bottom Line

Poly-B plumbing is one of several items that buyers often ask about during the home-buying process, but it shouldn't automatically discourage you from purchasing or selling a home.

The most important step is understanding the condition of the plumbing and seeking advice from qualified professionals when needed.

Every home is different, and having the right information allows you to make confident decisions.

If your home was built between the mid-1960s and late-1970s, there's a chance it contains aluminum electrical wiring.

That doesn't automatically mean there's a problem, but it is something buyers, sellers, and homeowners should understand.

Why Was Aluminum Wiring Used?

During the 1960s and early 1970s, copper prices increased significantly. Builders began using aluminum wiring as a more affordable alternative in many residential homes.

Thousands of homes throughout Metro Vancouver were built during this period.

Is Aluminum Wiring Dangerous?

Not necessarily.

When properly installed and maintained, aluminum wiring can continue to perform safely. However, over time, aluminum expands and contracts more than copper. This movement can loosen electrical connections, potentially creating overheating issues if not properly addressed.

Because of this, insurance companies, home inspectors, and buyers often pay close attention when aluminum wiring is present.

Buying or Selling a Home With Aluminum Wiring

If you're buying a home, a professional home inspection can help determine the condition of the electrical system and whether any upgrades or safety improvements have been completed.

If you're selling, understanding your home's wiring before listing can help you answer buyer questions and avoid surprises during negotiations.

In some cases, simple improvements or documentation from a qualified electrician can provide buyers with additional confidence.

The Bottom Line

Aluminum wiring doesn't automatically reduce a home's value or make it unsafe.

Like many aspects of real estate, the condition of the home, proper maintenance, and expert guidance matter far more than assumptions.

Whether you're buying, selling, or simply planning ahead, understanding your home's electrical system helps you make more informed decisions.

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