Greater Vancouver Real Estate Statistics
Every month we publish detailed real estate market statistics for all areas of Greater Vancouver. If you're interested in receiving our real estate statistics by email we would be happy to send you our free Greater Vancouver stats report. For your free copy please complete the form below.
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Greater Vancouver Real Estate Market: September 2026 at a Glance
In September 2026, Metro Vancouver home sales fell 8.4% from a year earlier to 1,717, which is 25% below the 10-year average for the month. The MLS® Home Price Index composite benchmark price was $1,075,900, down 5.5% year over year and 0.6% from August. With a sales-to-active listings ratio of 10.9%, conditions favour buyers: Greater Vancouver REALTORS® notes that prices tend to face downward pressure when the ratio stays below 12%.
- $1,075,900Composite benchmark price (−5.5% YoY)
- 1,717Home sales (−8.4% YoY)
- 16,394Active listings (−4.0% YoY)
- 10.9%Sales-to-active listings ratio
Benchmark Prices by Property Type
The MLS® Home Price Index benchmark tracks the price of a typical home, so it is less distorted by a few very expensive or very cheap sales than an average price.
| Property type | Benchmark price | 1-year change | 1-month change | Sales (YoY) |
|---|---|---|---|---|
| All residential (composite) | $1,075,900 | −5.5% | −0.6% | 1,717 (−8.4%) |
| Detached | $1,784,700 | −7.3% | −0.8% | 575 (+4.2%) |
| Townhouse | $1,016,700 | −4.7% | −1.2% | 358 (+0.6%) |
| Apartment | $682,500 | −6.2% | −0.5% | 777 (−18.6%) |
Detached and townhouse sales were slightly higher than a year ago. The overall decline came from apartments, where sales were down almost 19%.
Sales and Listings
| September 2026 | vs. September 2025 | vs. 10-year September average | |
|---|---|---|---|
| Home sales | 1,717 | −8.4% (1,875) | 25% below (2,289) |
| New listings | 5,852 | −10.3% (6,527) | 5.7% above (5,537) |
| Active listings | 16,394 | −4.0% (17,079) | 24.3% above (13,186) |
Is It a Buyer's or Seller's Market?
The sales-to-active listings ratio compares monthly sales with the number of homes for sale. According to Greater Vancouver REALTORS®, prices tend to face downward pressure when the ratio stays below 12% for a sustained period, and upward pressure when it is above 20% for several months.
| Property type | Sales-to-active ratio | Market |
|---|---|---|
| All types | 10.9% | Buyer's market |
| Detached | 9.7% | Buyer's market |
| Attached (townhouses) | 12.2% | Balanced |
| Apartments | 11.4% | Buyer's market |
Benchmark Prices by Area
Composite benchmark prices for all residential property types, September 2026.
| Area | Benchmark price | 1-year change |
|---|---|---|
| Coquitlam | $971,700 | −6.3% |
| Port Moody | $1,011,500 | −5.8% |
| Port Coquitlam | $835,500 | −8.2% |
| Bowen Island | $1,405,400 | −2.1% |
| Burnaby East | $982,400 | −6.3% |
| Burnaby North | $877,100 | −7.4% |
| Burnaby South | $972,800 | −7.2% |
| Ladner | $1,033,700 | −6.9% |
| Maple Ridge | $882,600 | −7.0% |
| New Westminster | $719,600 | −8.2% |
| North Vancouver | $1,290,400 | −3.9% |
| Pitt Meadows | $848,800 | −3.6% |
| Richmond | $1,015,800 | −6.8% |
| Squamish | $1,091,800 | −0.1% |
| Sunshine Coast | $805,600 | −2.1% |
| Tsawwassen | $1,113,100 | −4.3% |
| Vancouver East | $1,120,200 | −5.0% |
| Vancouver West | $1,206,600 | −5.3% |
| West Vancouver | $2,244,700 | −7.4% |
| Whistler | $1,350,700 | −0.9% |
| Greater Vancouver | $1,075,900 | −5.5% |
Tri-Cities Benchmark Prices by Property Type
| City | Detached | Townhouse | Apartment |
|---|---|---|---|
| Coquitlam | $1,584,400 (−6.6%) | $976,600 (−6.5%) | $640,100 (−7.3%) |
| Port Moody | $1,903,500 (−8.4%) | $940,900 (−5.2%) | $676,200 (−4.9%) |
| Port Coquitlam | $1,240,600 (−8.5%) | $834,300 (−7.8%) | $550,000 (−9.0%) |
Percentages are 1-year changes.
What the Numbers Mean
- For buyers: prices are below last year, inventory is well above the 10-year average and most segments are in buyer's-market territory, so there is more choice and more room to negotiate than in recent years. Well-priced homes in popular areas still sell quickly.
- For sellers: with more competition from other listings, pricing from recent comparable sales matters more than ever. Homes priced above the market tend to sit. Request a free home evaluation.
- For owners: benchmark prices describe a typical home. Your home's value depends on its location, size, condition and features, and on what similar homes nearby have sold for. Find out what a home sold for.
Frequently Asked Questions
What is the average home price in Greater Vancouver?
In September 2026, the MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver was $1,075,900. By type, it was $1,784,700 for a detached home, $1,016,700 for a townhouse and $682,500 for an apartment.
Are home prices going down in Greater Vancouver?
Yes. In September 2026, the composite benchmark price was 5.5% lower than a year earlier and 0.6% lower than in August, with every property type down year over year.
Is Greater Vancouver a buyer's market right now?
Mostly. The overall sales-to-active listings ratio was 10.9% in September 2026, below the 12% level that Greater Vancouver REALTORS® associates with downward price pressure. Townhouses were closer to balanced at 12.2%.
Which areas do these statistics cover?
Greater Vancouver REALTORS® reports on Metro Vancouver and nearby areas, including Burnaby, Coquitlam, Port Moody, Port Coquitlam, New Westminster, Vancouver, North and West Vancouver, Richmond, South Delta, Maple Ridge, Pitt Meadows, Squamish, Whistler, the Sunshine Coast and Bowen Island.
When are new statistics released?
Greater Vancouver REALTORS® releases the previous month's statistics in the first few days of each month. This page is updated after each release. To get the monthly report by email, use the form on this page.
Related Guides
- Coquitlam real estate
- Free home evaluation
- What did that home sell for?
- Hot Property Updates
- Market news
Questions about the market or your home? Get in touch
Source: Greater Vancouver REALTORS® September 2026 Statistics Package, released October 2, 2026. Figures are reproduced from the source; market commentary on this page is by David Reimers.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.