Market Report · Vancouver · September 2026
Vancouver Real Estate Market
September 2026
The overall benchmark price is nearly flat both month over month and year over year, the smallest annual decline this market has posted in some time. August data shows detached homes back in positive territory while condominiums remain the clear laggard.
What is happening in the Vancouver market right now?
Vancouver’s August 2026 data shows new listings running 4% above the five year average while sales are down 5%, pushing inventory up 19% and months of supply up 25%. The benchmark price is $1,081,900, down just 0.01% month over month and 1.05% year over year, the smallest annual decline this market has posted in some time. Detached is the standout segment, up 2.58% year over year. Attached is improving too, now down only 3.48% annually despite absorbing the largest inventory increase of the three segments at 34%. Condominiums remain the clear laggard at negative 6.61% annually, the steepest decline in the city, even though the segment posted a positive 2.16% gain month over month.
01 Overall Market
Vancouver’s annual price decline narrows to just 1.05% as the market steadies.
August data shows listing activity running ahead of last year while sales continue to soften. New listings are 4% above the five year August average, while sales are down 5%. Inventory has increased 19%, pushing months of supply up 25%.
The benchmark price is $1,081,900, down 0.01% month over month and 1.05% year over year. Both figures are the smallest declines the overall market has posted in some time, a sign that Vancouver’s correction may be losing momentum even as inventory keeps building.
$1,081,900
Benchmark price
-1.05%
Year over year
+19%
Inventory change
+25%
Months of supply
02 Detached Homes
The only Vancouver segment back in positive annual territory, up 2.58%.
Detached demand has firmed up alongside a modest supply increase. New listings are 1% above the five year August average, while sales are up 2%. Inventory has increased 13%, pushing months of supply up 12%, the smallest supply build of the three segments.
The benchmark price is $1,804,900, up 0.52% month over month and 2.58% year over year, the strongest annual performance in the city. Detached has turned the corner from the declines that defined earlier reporting cycles.
$1,804,900
Benchmark price
+2.58%
Year over year
+1%
New listings vs avg
+2%
Sales change
03 Condominiums
Still the clear laggard as annual prices fall 6.61%, even with a monthly gain.
Condominium conditions remain the softest of the three segments. New listings are 3% above the five year August average, while sales are down 13%. Inventory has climbed 20%, pushing months of supply up 33%, the largest monthly-supply increase in the city.
The benchmark price is $686,200, up 2.16% month over month but down 6.61% year over year, the steepest annual decline of the three Vancouver segments. That positive monthly reading alongside a deeply negative annual number is worth watching. It suggests the segment may be finding a floor even while its year-over-year comparison stays under pressure.
$686,200
Benchmark price
-6.61%
Year over year
+3%
New listings vs avg
-13%
Sales change
04 Attached Homes
Absorbing the largest inventory build in Vancouver while prices hold up better than condominiums.
The attached segment is taking on the heaviest new supply in the city. New listings are 14% above the five year August average, while sales are up 5%. Inventory has surged 34%, the largest increase of any segment, pushing months of supply up 28%.
The benchmark price is $1,028,800, up 2.24% month over month and down 3.48% year over year. Rising sales alongside the largest supply increase in the city is helping attached hold up better than condominiums, even as it still trails detached on an annual basis.
$1,028,800
Benchmark price
-3.48%
Year over year
+14%
New listings vs avg
+5%
Sales change
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Common Questions
Is Vancouver currently a buyer’s market or a seller’s market?
Vancouver leans buyer-favourable as of August 2026, though conditions are more balanced than earlier in the year. Inventory is up 19% and months of supply has risen 25%, while sales are down 5%. The overall benchmark price is down just 1.05% year over year, the smallest annual decline this market has posted in some time, and detached has already turned positive on an annual basis.
What is the benchmark price in Vancouver right now?
The overall benchmark price in Vancouver is $1,081,900 as of August 2026, down 0.01% month over month and 1.05% year over year. By segment: detached homes benchmark at $1,804,900, condominiums at $686,200, and attached homes at $1,028,800.
Which Vancouver property type is performing best right now?
Detached is the clear leader, up 2.58% year over year with sales up 2% and the smallest months-of-supply increase in the city at 12%. Attached is improving as well, now down only 3.48% annually despite absorbing the largest inventory increase of the three segments at 34%. Condominiums remain the weakest segment at negative 6.61% annually, the steepest decline in the city.
Why did condominium prices rise month over month but fall year over year?
Condominiums posted a 2.16% gain in benchmark price from July to August, even as the year-over-year comparison remains deeply negative at 6.61%. That divergence happens when a segment starts stabilizing on a month-to-month basis after a long stretch of declines, so the annual figure still reflects the weakness built up over the prior twelve months. Sales are down 13% from the five year August average and months of supply is up 33%, the largest increase in the city, so the annual trend has not caught up with the monthly signal yet.
Is now a good time to sell in Vancouver?
Detached sellers are in the strongest position, with the only segment showing positive annual price growth and rising sales. Attached sellers are in a reasonable spot too, with the smallest annual decline outside of detached even while carrying the largest new supply in the city. Condominium sellers face the most difficult conditions, with the steepest annual decline and the fastest growing months of supply, though the positive month-over-month reading is worth watching closely. 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.
How much does it cost to sell a home with Bōde in Vancouver?
Bōde Canada is a flat-fee real estate brokerage. Listing your Vancouver home costs $949 flat plus GST for full MLS exposure, or 1% capped at $10,000 plus GST if you prefer to pay only when the home sells, both well under a traditional 5% commission. The Homeowner Dashboard that tracks your home’s value against these market numbers is free.
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