Across all detached, attached and apartment property types, the sales-to-active listings ratio for July 2026 is 13 per cent. By property type, the ratio is 10.5 per cent for detached homes, 15.8 per cent for attached, and 14 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.

Demand for homes in Metro Vancouver eased in July, with home sales down nearly ten per cent year-over-year following the increase seen in June.

The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 2,061 in July 2026, a 9.8 per cent decrease from the 2,286 sales recorded in July 2025. This was 18.6 per cent below the 10-year seasonal average (2,532).

There were 4,991 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in July 2026. This represents an 11.5 per cent decrease compared to the 5,642 properties listed in July 2025. This figure matches the 10-year seasonal average (4,992).

The total number of properties currently listed for sale on the MLS® system in Metro Vancouver is 16,476, a four per cent decrease compared to July 2025 (17,168). This is 26.8 per cent above the 10-year seasonal average (12,992).

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.

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).

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).

If you're thinking about selling your home or condo this year, you've probably wondered whether you need to spend a lot of money before putting it on the market.

The short answer? Probably not.

One of the conversations I have quite often with sellers is whether a renovation is actually worth doing before listing. Sometimes it is. Many times, it isn't.

With more homes and condos on the market and buyers taking a little more time to make decisions, presentation matters. That doesn't mean you need a brand-new kitchen or a complete renovation. More often than not, the properties that show best are simply clean, well-maintained, and ready for the next owner.

Here are a few things I typically recommend before putting a property on the market.

1. Start With Decluttering

Whether you're selling a detached home, townhouse, or condo, the first step is usually the same—remove some of the clutter.

I know that's easier said than done.

Most of us collect a lot over the years, and when you live in a space every day, it's easy not to notice how full it has become.

For condo owners especially, creating a sense of space can make a big difference. Buyers are often paying close attention to storage, layout, and how functional the home feels.

You don't have to empty your home. Simply creating a little breathing room by clearing countertops, organizing closets, and putting away a few personal items can make a surprising difference.

2. Take Care of the Little Things

One thing I've learned over the years is that buyers notice the small details.

A dripping faucet, loose cabinet handle, burned-out light bulb, or damaged wall usually isn't a deal breaker. But when buyers see several small maintenance issues, they sometimes begin wondering what bigger issues might exist.

The good news is that many of these repairs are inexpensive and can often be completed in a weekend.

The goal is to help buyers focus on the home itself—not the things they'll need to fix after moving in.

3. Give Your Property a Really Good Cleaning

I've shown a lot of homes and condos over the years, and cleanliness is one of the first things buyers notice.

A clean property feels well cared for.

Pay extra attention to kitchens, bathrooms, flooring, windows, mirrors, and light fixtures. If you're planning professional photography, having the home cleaned beforehand is one of the best investments you can make.

It doesn't have to be perfect. You simply want buyers to walk through the front door feeling comfortable and confident in the home.

4. Don't Forget Outdoor Spaces

If you're selling a house, this might mean tidying the yard, trimming shrubs, or cleaning the front entrance.

If you're selling a condo, don't overlook the balcony.

I've seen beautiful condos where the balcony slowly became a storage area for boxes, bicycles, or unused furniture. Buyers see balconies as additional living space, and even a small balcony can make a great impression when it's clean and inviting.

Sometimes the smallest improvements make the biggest difference.

5. Think Carefully Before Starting Major Renovations

This is probably the advice that surprises people the most.

As someone with a construction background, I appreciate quality renovations. But I also know that sellers don't always recover every dollar they spend before listing.

I've seen homeowners consider spending tens of thousands of dollars on upgrades that didn't significantly change the final sale price.

Before committing to a major renovation, it's worth having a conversation about whether the work is actually necessary.

Sometimes a fresh coat of paint, a few repairs, improved lighting, and thoughtful presentation provide a much better return on investment.

Every property is different, and the right approach depends on the home, the neighbourhood, and current market conditions.

A Quick Note for Condo Owners

Preparing the unit itself is only part of selling a condo.

Today's buyers are also paying close attention to strata documents, depreciation reports, meeting minutes, and the overall condition of the building.

Getting organized early gives you time to gather important documents and answer buyer questions before your property goes on the market. It can make the entire selling process smoother for everyone involved.

Final Thoughts

Preparing your home or condo for sale doesn't have to involve an expensive renovation budget.

In today's market, buyers have choices and they're taking their time. A clean, well-maintained property that has been thoughtfully prepared often stands out for all the right reasons.

If you're wondering where to spend money—or where you might be able to save it—I'd be happy to share my thoughts. Sometimes a short conversation can save homeowners a lot of time, effort, and unnecessary expense.

Congratulations to my sellers on the successful sale of #702-615 Hamilton Street in New Westminster!

This beautiful home attracted strong interest and is now officially SOLD. I'm grateful for the trust my clients placed in me throughout the process and thrilled to have helped them achieve a successful result.

Thinking about selling in New Westminster, Burnaby, or the surrounding area? I'd be happy to discuss today's market and help you achieve your real estate goals.