Greater Vancouver REALTORS (HPI) Market Report – August 2026

Greater Vancouver REALTORS (HPI) — August 2026

In August 2026, the Greater Vancouver real estate market recorded a composite benchmark price of $891,100. Total sales for the month reached 3, with 6 new listings added to the market, resulting in 19 active listings.

Market Analysis

The current market conditions indicate a buyer's market, with a months of inventory (MOI) at 6.3. This is a significant increase from July 2026, when the MOI was 2.7, suggesting that supply is outpacing demand. The sales-to-new-listings ratio (SNLR) stands at 50.0%, reflecting a balanced market but with a slight tilt towards buyers as inventory levels rise and sales remain low.

Property Type Analysis

The benchmark price for detached homes is $1,648,200, while attached/townhouses are priced at $832,100, and apartments at $675,400. With no sales recorded in any property type this month, it is difficult to assess trends within these segments; however, the overall decline in the composite benchmark price by 4.1% year-over-year suggests a cooling trend across the board.

Regional Highlights

The Greater Vancouver area continues to experience fluctuations in the real estate market, with the composite benchmark price decreasing from $929,000 in August 2025 to $891,100 in August 2026. This trend indicates a shift in buyer sentiment and market dynamics, as potential buyers may be more cautious in their purchasing decisions amid rising inventory levels.

For Buyers

Buyers are encouraged to take advantage of the current market conditions, as the increased inventory provides more options and negotiating power. With the market showing signs of stabilization, it may be a good time to explore available listings and consider making offers.

For Sellers

Sellers should be mindful of the current buyer's market and the increased competition from new listings. Pricing properties competitively and ensuring they are well-presented can help attract potential buyers in a market where inventory levels are high.