Greater Vancouver REALTORS (HPI) Market Report – January 2026

Greater Vancouver REALTORS (HPI) — January 2026

In January 2026, the Greater Vancouver real estate market shows a composite benchmark price of $1,076,500, reflecting a year-over-year decrease of 5.7%. The market is currently 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 increased slightly from December 2025's $1,072,000, suggesting a modest upward trend in pricing. However, the year-over-year decline of 5.7% indicates that while prices may be stabilizing, they remain lower than the previous year's levels, highlighting ongoing adjustments in the market dynamics.

Property Type Analysis

When examining the property types, detached homes have a benchmark price of $1,303,300, while attached/townhouses and apartments are priced at $966,000 and $685,300, respectively. The price disparities among these categories reflect differing demand levels, with detached homes typically commanding higher prices due to their larger size and land value, while apartments remain more accessible for first-time buyers.

Regional Highlights

Regional trends indicate that the Greater Vancouver area is experiencing a shift in buyer preferences, with increased interest in attached and apartment properties as affordability concerns persist. This shift may be contributing to the stabilization of prices in these segments, while the detached market continues to face downward pressure due to higher price points and changing buyer demographics.

For Buyers

Prospective buyers are encouraged to take advantage of the current balanced market conditions. With prices stabilizing and a variety of property types available, buyers should consider their long-term needs and budget, focusing on properties that align with their lifestyle and financial goals.

For Sellers

Sellers should remain realistic about pricing in the current market environment. With a year-over-year decline in benchmark prices, it is crucial to set competitive prices that reflect current market conditions to attract potential buyers and facilitate a successful sale.