Greater Vancouver REALTORS July 2026 Market Report: Composite Benchmark Price at $1,173,600

Greater Vancouver REALTORS (HPI) — July 2026

In July 2026, the Greater Vancouver real estate market shows a composite benchmark price of $1,173,600, reflecting a 0.7% decrease from July 2025. Total sales reached 17 units, with 34 new listings entering the market, resulting in a sales-to-new-listings ratio of 50.0%.

Market Analysis

The Greater Vancouver real estate market remains balanced as of July 2026, with a modest decline in the composite benchmark price compared to the previous year. The total sales of 17 units indicate a slight decrease from June 2026, where 18 sales were recorded. The influx of new listings, totaling 34, suggests that sellers are responding to current market conditions, which may help maintain equilibrium between supply and demand.

Property Type Analysis

In July, the attached/townhouse segment shows a benchmark price of $1,487,900, while the apartment sector has a benchmark price of $1,156,700. While specific sales data for these categories is not available, the pricing dynamics indicate that attached and townhouse properties continue to command a higher price point compared to apartments, reflecting ongoing demand for larger living spaces in the region.

Regional Highlights

Regional trends indicate a steady influx of new listings, which may provide more options for buyers in the coming months. The balanced market condition suggests that while buyers have choices, sellers are also encouraged to price their properties competitively to attract interest in a cautious economic environment.

For Buyers

Prospective buyers are advised to carefully evaluate their options in the current balanced market. With 34 new listings this month, there are opportunities to negotiate favorable terms, especially for those looking at attached or townhouse properties, which tend to have higher price points.

For Sellers

Sellers should consider pricing their homes competitively to attract potential buyers in a balanced market. With a sales-to-new-listings ratio of 50.0%, it is essential to present properties well and be prepared for negotiations, as buyers have a variety of options available.