Greater Vancouver REALTORS (HPI) Market Report - January 2026

Greater Vancouver REALTORS (HPI) — January 2026

In January 2026, the composite benchmark price for Greater Vancouver real estate is $863,100, reflecting an 8.0% decrease from January 2025. The market is currently balanced, indicating stable conditions for both buyers and sellers.

Market Analysis

The Greater Vancouver real estate market shows signs of stabilization as it enters 2026. The composite benchmark price has decreased from $868,700 in December 2025 to $863,100 in January 2026, marking a continued downward trend year-over-year from $937,900 in January 2025. This decline in prices suggests that buyers are gaining more negotiating power, while sellers may need to adjust their expectations in this balanced market environment.

Property Type Analysis

When examining property types, the detached homes have a benchmark price of $1,958,600, while attached/townhouses are priced at $966,300, and apartments at $807,200. The significant price disparity among these categories reflects varying levels of demand and supply, with detached homes typically experiencing the most substantial price fluctuations due to their desirability and limited inventory.

Regional Highlights

Regional trends indicate that while the overall market remains balanced, specific neighborhoods may experience differing dynamics based on local demand and inventory levels. Buyers are encouraged to explore various areas within Greater Vancouver, as certain regions may offer more favorable conditions and opportunities for investment.

For Buyers

For potential buyers, this is an opportune time to enter the market, given the current balanced conditions and declining prices. Buyers should conduct thorough research and consider various property types and neighborhoods to find the best fit for their needs.

For Sellers

Sellers are advised to remain realistic about pricing in the current market. With a benchmark price decline of 8.0% year-over-year, it is crucial to set competitive prices and be prepared for negotiations to attract serious buyers.