Greater Vancouver REALTORS (HPI) Market Report – January 2026

Greater Vancouver REALTORS (HPI) — January 2026

In January 2026, the composite benchmark price for homes in Greater Vancouver stands at $621,400, reflecting a year-over-year decrease of 3.4%. The market is currently balanced, indicating stable conditions for both buyers and sellers.

Market Analysis

The Greater Vancouver real estate market continues to show signs of stability as it enters 2026. The composite benchmark price has decreased from $623,600 in December 2025 to $621,400 this month, marking a consistent downward trend compared to January 2025's benchmark of $643,400. This decline of 3.4% year-over-year suggests that while prices are softening, the market is not experiencing drastic fluctuations, which is characteristic of a balanced market condition.

Property Type Analysis

In terms of property types, the attached/townhouse segment has a benchmark price of $861,800, while apartments are priced at $610,200. Although specific sales figures are not available, the differentiation in benchmark prices indicates varying levels of demand and supply dynamics across these categories. The higher benchmark for attached/townhouses suggests a continued preference for more spacious living arrangements, possibly influenced by changing buyer preferences post-pandemic.

Regional Highlights

While specific regional data is not provided, the overall balanced market condition across Greater Vancouver suggests that various neighborhoods may be experiencing similar trends. Buyers and sellers alike may find opportunities in different areas, particularly as the market adjusts to recent price changes and economic conditions.

For Buyers

For potential buyers, this balanced market presents an opportunity to negotiate and explore various property types without the pressure of a highly competitive environment. It is advisable to conduct thorough research and consider properties that meet long-term needs, especially as prices have shown a slight decline.

For Sellers

Sellers should be mindful of the current market conditions and price their homes competitively to attract buyers. Given the year-over-year price decrease, it is crucial to present properties in the best possible light and be prepared for negotiations, ensuring that listings stand out in a balanced market.