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 $1,291,800, reflecting a 5.6% decrease from January 2025. The market remains balanced, indicating stable conditions for both buyers and sellers.

Market Analysis

The Greater Vancouver real estate market continues to exhibit balanced conditions as of January 2026. The composite benchmark price has decreased from $1,368,400 in January 2025 to $1,291,800 this month, indicating a significant year-over-year price decline of 5.6%. This trend suggests that while prices have softened, the market is not experiencing extreme fluctuations, which can often lead to uncertainty for both buyers and sellers. The absence of total sales and active listings data limits a comprehensive analysis of current demand and supply dynamics, but the stability in benchmark prices suggests a steady interest in the market.

Property Type Analysis

When examining property types, the benchmark price for detached homes stands at $1,683,100, while attached/townhouses and apartments are priced at $695,300 and $537,800, respectively. Although sales data is not available, the price points indicate that detached homes continue to command a premium in the market, reflecting their desirability despite the overall decline in prices year-over-year.

Regional Highlights

Regional trends within Greater Vancouver indicate varying levels of interest across different neighborhoods, although specific sales and listing data are not available for this report. The balanced market condition suggests that buyers are finding opportunities without facing overwhelming competition, while sellers are encouraged to price their homes competitively to attract potential buyers.

For Buyers

For buyers, this is an opportune time to enter the market, especially with benchmark prices showing a decline year-over-year. It is advisable for buyers to conduct thorough research on specific neighborhoods and property types to identify the best opportunities that align with their needs and budget.

For Sellers

Sellers are encouraged to price their properties competitively in the current balanced market. Given the decrease in benchmark prices, it is essential to present homes attractively and consider market conditions when setting expectations for sale timelines.