News: Vancouver Real Estate Market

Metro Vancouver home sales slowed again in August, bringing a quieter-than-usual summer market to a close.

A total of 1,869 residential properties sold through the MLS® in August 2026, according to Greater Vancouver REALTORS®. That was down 4.6% from the 1,959 sales recorded in August 2025 and 20.7% below the 10-year seasonal average of 2,356 sales.

Sales had performed largely as expected during the first four months of the year. Since May, however, activity has fallen behind GVR’s original forecast,...

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Key Highlights From the Release Include:

  • The national aggregate home price increased by 2.1% year over year in Q1 2025, and by a modest 1.2% compared to Q4 2024.

  • Greater Vancouver experienced declines in aggregate home prices of 2.7% and 0.7%, respectively.

  • Quebec City led the country in price growth, with a 17.0% year-over-year increase in Q1—the highest among major regions for the fourth consecutive quarter.

  • Amid ongoing economic and political uncertainty, Canadians are divided on their confidence in...

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