Greater Vancouver REALTORS (HPI) Market Report - August 2026

Greater Vancouver REALTORS (HPI) — August 2026

In August 2026, the Greater Vancouver real estate market reported a composite benchmark price of $1,171,200, reflecting a year-over-year decrease of 1.2%. The market experienced a total of 3 sales and 6 new listings, resulting in 15 active listings and a months of inventory of 5.0.

Market Analysis

The Greater Vancouver real estate market remains balanced as of August 2026, with a sales-to-new-listings ratio (SNLR) of 50.0%. This indicates that the number of new listings is keeping pace with sales, contributing to stable pricing conditions. The total sales of 3 this month, while limited, show a notable increase from July 2026, which recorded no sales. The increase in activity suggests a potential shift in buyer sentiment, although the small sample size means that trends should be interpreted with caution.

Property Type Analysis

In August, the benchmark price for attached/townhouse properties is reported at $1,323,600, while apartments have a benchmark of $1,016,000. The absence of sales data for detached properties limits a comprehensive analysis, but the existing benchmarks indicate a diverse range of pricing across property types. The higher benchmark for attached/townhouses suggests a continued demand in that segment, potentially driven by buyers seeking more space in a balanced market.

Regional Highlights

The overall active listings in August stand at 15, a slight decrease from 16 in July 2026. This reduction in active listings, combined with the increase in sales, may suggest a tightening of supply, which could influence future pricing dynamics. Year-over-year, the composite benchmark price has decreased from $1,185,100 in August 2025, indicating a gradual adjustment in the market as it stabilizes.

For Buyers

Prospective buyers are encouraged to remain vigilant and act quickly, as the balanced market conditions may lead to increased competition for desirable properties. With 6 new listings this month, buyers should take the opportunity to explore available options and consider making offers on properties that meet their needs.

For Sellers

Sellers should be aware of the current market dynamics and set realistic expectations regarding pricing. With a balanced market and a modest number of active listings, presenting properties in optimal condition and pricing them competitively can attract potential buyers in this environment.