Emerging applications of immersive virtual technologies are providing architects and designers with powerful interactive environments for virtual design collaboration, which has been particularly beneficial since 2020 while the architecture, engineering and construction (AEC) industry has experienced an acceleration of remote working. However, there is currently a lack of critical understanding about both the theoretical and technical development of immersive virtual environments (ImVE) for supporting architectural design collaboration. This paper reviewed recent research (since 2010) relating to the topic in a systematic literature review (SLR). Through the four steps of identification, screening, eligibility check, and inclusion of the eligible articles, in total, 29 journal articles were reviewed and discussed from 3 aspects: ImVE in the AEC industry, ImVE for supporting virtual collaboration, and applications of ImVE to support design collaboration. The results of this review suggest that future research and technology development are needed in the following areas: (1) ImVE support for design collaboration, particularly at the early design stage; (2) cognitive research about design collaboration in ImVE, toward the adoption of more innovative and comprehensive methodologies; (3) further enhancements to ImVE technologies to incorporate more needed advanced design features.