Greater Vancouver REALTORS (HPI) Market Report - August 2026

Greater Vancouver REALTORS (HPI) — August 2026

In August 2026, the Greater Vancouver real estate market shows a composite benchmark price of $1,475,900, with a total of 4 sales recorded. New listings totaled 7, while active listings reached 20, indicating a balanced market condition.

Market Analysis

The Greater Vancouver real estate market remains balanced as of August 2026, with a months of inventory (MOI) at 5.0. This reflects a slight increase from July's MOI of 4.4, suggesting that inventory levels are stabilizing as new listings come onto the market. The sales-to-new-listings ratio (SNLR) stands at 57.1%, indicating that demand is keeping pace with supply, although the total sales remain low due to the small sample size of only 4 transactions this month.

Year-over-year, the composite benchmark price has decreased by 10.5% from August 2025's figure of $1,648,600. This decline in price may be attributed to a combination of economic factors and shifting buyer preferences, but with only 4 sales this month, it is essential to approach these figures with caution, as percentage changes can be misleading in such a small sample size.

Property Type Analysis

The property type breakdown for August 2026 shows a benchmark price of $1,716,600 for detached homes and $1,035,200 for attached/townhouses. However, specific sales data for these categories is not available this month. The absence of sales figures makes it challenging to draw definitive conclusions about trends within these segments, but the benchmark prices indicate a continued differentiation in market value between property types.

Regional Highlights

The overall inventory in the Greater Vancouver area remains relatively stable, with 20 active listings reported in August. This is a slight decrease from the 22 active listings in July, suggesting that while new listings are entering the market, some properties are being absorbed. The balanced market condition is reflected in the steady SNLR, which indicates that buyers are still engaging with the market despite the lower sales volume.

For Buyers

For potential buyers, it is advisable to remain informed about the current market dynamics and to act decisively when suitable properties become available. With a balanced market and a moderate number of active listings, buyers may find opportunities to negotiate favorable terms.

For Sellers

Sellers should consider the current market conditions when pricing their properties. With a benchmark price decline and a balanced market, it is crucial to set realistic expectations and be prepared for potential negotiations, especially given the limited sales activity this month.