Home Sales in Vancouver Region Dip, But Prices Remain Steady
Home sales in the Vancouver region saw a slight decline of 8.4% compared to the same time last year, with fewer apartment-style homes being sold. According to Greater Vancouver Realtors, there were 1,717 home sales in September, marking a notable 25% drop from the 10-year seasonal average.
Andrew Lis, the chief economist and vice-president of data analytics at the board, noted that while overall sales were down, both attached and detached home sales slightly exceeded levels from the previous year. The composite benchmark price for all types of residential properties in Vancouver remained stable at $1,075,900, showing a modest 5.5% decrease from September 2025 and a slight 0.6% drop from August 2026.
New listings on the market totaled 5,852 in September, a 10.3% decrease from the previous year but still 5.7% above the 10-year average. In contrast, total inventory decreased by 4% year-over-year to 16,394, which was significantly higher at 24.3% above the long-term average.
Despite the dip in home sales, Vancouver’s real estate market continues to show resilience in pricing. The data suggests a stable market condition despite a slight slowdown in sales activity.
