Greater Vancouver REALTORS: January 2026 Sales Total 1,107, Composite Benchmark Price $1,101,900

Greater Vancouver REALTORS — January 2026

Residential sales in the Greater Vancouver region totaled 1,107 in January 2026, marking a 28.7 per cent decrease from January 2025. The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is $1,101,900, a 5.7 per cent decrease over January 2025.

Market Analysis

Greater Vancouver REALTORS® reports that residential sales in the region totaled 1,107 in January 2026, a 28.7 per cent decrease from the 1,552 sales recorded in January 2025. This was 30.9 per cent below the 10-year seasonal average (1,602). Andrew Lis, GVR chief economist and vice-president data analytics, stated, “On their own, the January sales appear alarming, but it’s important to put these figures in the context of the past few years. Last year ended with one of the lowest sales totals in over two decades, and so it’s not surprising that the January sales figures were fourth slowest in over two decades as well. Market momentum is a slowly evolving force, and in many ways, the January figures represent a market that continues slowly evolving to what may be a new normal.”

There were 5,157 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in January 2026. This represents a 7.3 per cent decrease compared to the 5,566 properties listed in January 2025. This was 19.4 per cent above the 10-year seasonal average (4,318). The total number of properties currently listed for sale on the MLS® system in Metro Vancouver is 12,628, a 9.9 per cent increase compared to January 2025 (11,494). This is 38 per cent above the 10-year seasonal average (9,153). The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $1,101,900. This represents a 5.7 per cent decrease over January 2025 and a 1.2 per cent decrease compared to December 2025. Across all detached, attached and apartment property types, the sales-to-active listings ratio for January 2026 is 9.1 per cent. Lis also noted, “Our recent 2026 forecast suggests this year is likely to resemble 2025 on many fronts, and we expect sales to remain tepid. When paired with sellers remaining eager to list, inventory will likely remain elevated relative to historical averages and, as a result, we expect prices to finish the year relatively unchanged.”

Property Type Analysis

For January 2026, the benchmark price for detached homes is $1,850,800, with 300 sales recorded. The benchmark price for attached/townhouse properties is $1,043,400, with 246 sales. Apartment properties have a benchmark price of $704,600, with 554 sales. Sales of detached homes in January 2026 reached 300, a 21.1 per cent decrease from the 380 detached sales recorded in January 2025. By property type, the sales-to-active listings ratio is 6.7 per cent for detached homes, 11.1 per cent for attached, and 10.3 per cent for apartments.