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 $638,100, reflecting a year-over-year decrease of 7.2%. The market remains balanced, with property types showing varied performance in pricing.

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 $636,600, indicating a stable pricing environment despite the overall year-over-year decline. The market dynamics suggest that while demand remains steady, the supply of listings is likely influencing price adjustments, as evidenced by the 7.2% decrease compared to January 2025's benchmark of $687,500.

Property Type Analysis

In terms of property types, the attached/townhouse segment shows a benchmark price of $749,500, while apartments are priced at $614,800. The variations in benchmark prices indicate differing levels of demand and supply across these categories, with townhouses commanding a premium compared to apartments. Detailed sales data is not available for this period, but the pricing trends suggest that buyers may be gravitating towards more affordable options, such as apartments.

Regional Highlights

Regionally, the Greater Vancouver area continues to experience diverse trends across its neighborhoods. While specific sales and active listing data are not available, the balanced market condition suggests that various regions may be responding differently to economic factors, including interest rates and local employment conditions. This could lead to localized price adjustments that differ from the overall market trend.

For Buyers

For prospective buyers, it is advisable to remain informed about the current market conditions and focus on properties that meet their needs within their budget. Given the balanced market, buyers may find opportunities to negotiate favorable terms, particularly in the apartment segment, which has shown more affordability.

For Sellers

Sellers should consider the current market dynamics when pricing their properties. With the composite benchmark price showing a year-over-year decline, it is crucial to set realistic expectations and price competitively to attract potential buyers. Highlighting unique features and maintaining property appeal can also help in achieving a successful sale.