September 2026 Market Report
Greater Vancouver Real Estate Market Update
Based on August 2026 market statistics. August closed out a soft summer for Metro Vancouver. Sales were 4.6% below August 2025 and 20.7% below the 10-year seasonal average, while inventory remained 26.2% above its 10-year seasonal average. Benchmark prices continued to edge lower.
Composite benchmark
$1,081,900
-0.6% month · -5.6% year
Detached
$1,799,400
-1.3% month · -7.2% year
Townhouse
$1,028,800
-0.1% month · -4.5% year
Apartment
$686,200
-0.2% month · -6.6% year
Market Overview
What August’s numbers mean for Greater Vancouver
August closed out a soft summer for Metro Vancouver. Sales were 4.6% below August 2025 and 20.7% below the 10-year seasonal average, while inventory remained 26.2% above its 10-year seasonal average. Benchmark prices continued to edge lower.
For buyers
Selection remains ample and prices are drifting lower. Buyers can usually compare options carefully, complete due diligence and negotiate based on current comparable sales.
For sellers
Demand remains subdued and detached conditions are especially soft. Pricing close to current market evidence is more important than testing a higher number and chasing the market later.
Supply & Demand
Sales-to-active listings ratio
How to read August activity
Official GVR regional ratio. Detached 9.6% · attached 15.1% · apartments 13.7%. This is a quick activity indicator and should be read together with benchmark-price trends and recent comparable sales.
Benchmark Prices
MLS® HPI benchmark prices — August 2026
| Home type | Benchmark price | 1-month change | 1-year change |
|---|---|---|---|
| Composite | $1,081,900 | ▼ -0.6% | ▼ -5.6% |
| Detached | $1,799,400 | ▼ -1.3% | ▼ -7.2% |
| Townhouse | $1,028,800 | ▼ -0.1% | ▼ -4.5% |
| Apartment | $686,200 | ▼ -0.2% | ▼ -6.6% |
Sales Activity
August sales and new listings
| Home type | Sales | New listings | Sales / new listings |
|---|---|---|---|
| Detached | 557 | 1297 | 42.9% |
| Townhouse / attached | 412 | 844 | 48.8% |
| Apartment / condo | 891 | 1955 | 45.6% |
Common Questions
Greater Vancouver September market report FAQ
What is the latest benchmark home price in Greater Vancouver?
Using August 2026 data, the composite MLS® HPI benchmark price is $1,081,900. Detached, townhouse and apartment benchmarks are shown above so you can compare the property type most relevant to you.
Are home prices in Greater Vancouver going up or down?
The August composite benchmark changed -0.6% from July 2026 and -5.6% from August 2025. Property types are moving differently, so the most useful comparison is the benchmark for the specific type of home.
Why is this called the September market report if the data is from August?
Real estate boards publish completed monthly statistics after the month ends. This September 2026 report therefore summarizes the most recent full month of data: August 2026.
About this data: Greater Vancouver REALTORS® — August 2026 Stats Package. This September 2026 market report summarizes August 2026 results. Benchmark prices are MLS® Home Price Index estimates for a typical property, not average selling prices. Statistics are a market snapshot and individual properties can perform differently.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.