Greater Vancouver REALTORS (HPI) Market Report for August 2026

Greater Vancouver REALTORS (HPI) — August 2026

In August 2026, the Greater Vancouver real estate market shows a composite benchmark price of $729,300, reflecting a year-over-year decrease of 4.0%. The market recorded a total of 7 sales and 16 new listings, resulting in a balanced market condition with 41 active listings.

Market Analysis

The Greater Vancouver real estate market remains balanced as of August 2026, with a months of inventory (MOI) at 5.9. This indicates that the supply of homes is sufficient to meet current demand, although total sales have dropped from 12 in July to 7 in August. The sales-to-new-listings ratio (SNLR) stands at 43.8%, suggesting that while new listings are entering the market, buyer activity remains subdued compared to previous months.

Property Type Analysis

Among the property types, the attached/townhouse segment has a benchmark price of $1,034,100, while apartments are priced at a benchmark of $614,400. The lack of sales data for detached homes limits a comprehensive analysis, but the existing benchmarks indicate a diverse price range that may appeal to various buyer demographics.

Regional Highlights

The overall trend in Greater Vancouver shows a slight cooling in the market compared to the previous year, where the composite benchmark price was $759,500 in August 2025. The increase in active listings from 52 in July to 41 in August suggests a gradual adjustment in the market, allowing buyers more options as they navigate their purchasing decisions.

For Buyers

For potential buyers, the current balanced market presents an opportunity to negotiate more favorable terms. With a variety of active listings and a modest number of sales, buyers are encouraged to conduct thorough research and consider their options carefully before making an offer.

For Sellers

Sellers should remain mindful of the current market dynamics and the recent decline in benchmark prices. Pricing homes competitively and being prepared for a longer selling period may be essential strategies to attract potential buyers in this balanced market.