Market Report · Vancouver · August 2026
Vancouver Real Estate Market August 2026
Every segment remains in negative annual territory, but the order has changed. July data shows condominiums now under the most pressure, with detached and attached both softening as well.
What is happening in the Vancouver market right now?
Vancouver’s July 2026 data shows new listings running 1% above the five year average while sales have dropped 7%, pushing inventory up 22% and months of supply up 30%. The benchmark price is $1,088,800, down 2.69% month over month and 2.14% year over year. Every segment remains negative on an annual basis, but the ranking has flipped from earlier this year. Condominiums now carry the steepest annual decline at negative 5.50%, ahead of detached at negative 5.05% and attached at negative 4.73%. Attached is the comparatively strongest segment despite the largest inventory build of the three.
01 Overall Market
Inventory keeps building as annual prices slip 2.14% across the Vancouver market.
July data shows listing activity holding near its five year norm while demand continues to soften. New listings are 1% above the five year July average, while sales are down 7%. Inventory has increased 22%, pushing months of supply up 30%.
The benchmark price is $1,088,800, down 2.69% month over month and 2.14% year over year. Buyer leverage continues to build as elevated inventory and slower absorption keep downward pressure on prices across every segment.
$1,088,800
Benchmark price
-2.14%
Year over year
+22%
Inventory change
+30%
Months of supply
02 Detached Homes
Flat sales and rising inventory keep annual prices down 5.05%.
Detached conditions remain soft. New listings are in line with the five year July average, while sales are flat at 0%. Inventory has increased 17%, pushing months of supply up 16%.
The benchmark price is $1,829,500, down 1.14% month over month and 5.05% year over year. Flat sales against a growing pool of listings keep this segment in buyer-favourable territory, with annual declines now steeper than they were earlier in the year.
$1,829,500
Benchmark price
-5.05%
Year over year
+1%
New listings vs avg
0%
Sales change
03 Condominiums
Now the segment under the most pressure as annual prices fall 5.50%.
Condominium conditions have weakened the most of any segment this cycle. New listings are 5% below the five year July average, while sales have fallen 16%. Inventory has climbed 22%, increasing months of supply by 42%, the largest monthly-supply jump in the city.
The benchmark price is $688,000, down 3.68% month over month and 5.50% year over year, now the steepest annual decline of the three Vancouver segments. Fewer sales against a growing pool of active supply continue to weigh on this segment more than on detached or attached.
$688,000
Benchmark price
-5.50%
Year over year
-5%
New listings vs avg
-16%
Sales change
04 Attached Homes
The most resilient Vancouver segment despite the largest inventory build.
The attached segment is absorbing the most new supply in the city. New listings are 15% above the five year July average, while sales are up 7%. Inventory has surged 36%, the largest increase of the three segments, pushing months of supply up 27%.
The benchmark price is $1,030,400, down 4.04% month over month and 4.73% year over year, the smallest annual decline of the three Vancouver segments. Rising sales alongside rising supply is helping this segment hold up better than detached or condominiums.
$1,030,400
Benchmark price
-4.73%
Year over year
+15%
New listings vs avg
+7%
Sales change
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Common Questions
Is Vancouver currently a buyer’s market or a seller’s market?
Vancouver remains firmly in buyer-favourable territory as of July 2026. Inventory is up 22% and months of supply has risen 30%, while sales are down 7%. Every segment is in negative annual territory, confirming that sellers across the market are operating with less pricing power than a year ago.
What is the benchmark price in Vancouver right now?
The overall benchmark price in Vancouver is $1,088,800 as of July 2026, down 2.69% month over month and 2.14% year over year. By segment: detached homes benchmark at $1,829,500, condominiums at $688,000, and attached homes at $1,030,400.
Which Vancouver property type is under the most pressure right now?
Condominiums now carry the steepest annual decline at negative 5.50%, with sales down 16% and months of supply up 42%, the largest supply jump in the city. Detached is close behind at negative 5.05%, with sales flat at 0%. Attached is comparatively the most resilient at negative 4.73%, even though it is absorbing the largest inventory increase of the three segments at 36%.
Why have condominiums overtaken detached as the weakest segment?
Condominium sales are down 16% from the five year July average, the weakest sales performance of any Vancouver segment, while months of supply has grown 42%, the fastest pace in the city. Detached sales have flattened to 0% rather than continuing to fall, which has slowed its rate of annual price decline relative to condominiums. The ranking between segments can shift month to month as sales volume and supply move at different speeds.
Is now a good time to sell in Vancouver?
Conditions favour buyers across all three segments as of July 2026. Attached sellers are in the comparatively strongest position, with the smallest annual decline and sales activity that is actually rising. Condominium sellers face the most difficult conditions, with the steepest annual decline and the fastest growing months of supply. Pricing to current comparables rather than last year’s values matters in every segment right now. Your free Bōde Homeowner Dashboard tracks your property’s current value and local comparable activity so you can price and time the market with real data.
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