A clear read on prices, sales, and inventory across Metro Vancouver — from the Greater Vancouver REALTORS® August 2026 MLS® report.
Source: Greater Vancouver REALTORS® — August 2026 Monthly Market Report
MLS® Home Price Index benchmark prices with monthly activity for each segment.
Benchmark prices for a typical detached home, townhouse, and condo in eight popular areas — a quick way to see what each property type costs where you want to live.
Source: GVR August 2026 stats package, MLS® Home Price Index — benchmark price by property type and area.
Change in the typical home's price (all property types) over the past three years — August 2023 to August 2026. Every GVR area is more accessible than it was three years ago, some considerably so: a window of opportunity for buyers, and essential context for sellers setting the right asking price.
Source: GVR August 2026 stats package, MLS® Home Price Index — composite benchmark, 3-year change by area.
Below 12% for a sustained period suggests downward pressure on prices (buyer's market); above 20% suggests upward pressure (seller's market). Between 12–20% is balanced.
August 2026 sits right at the edge of balanced territory — detached homes are firmly in buyer's-market conditions (below 12%), while attached homes and apartments remain balanced. In practical terms: buyers have ample selection and real negotiating room, and well-priced homes are still selling.
The 10 busiest GVR areas in August 2026, split by property type. Vancouver West led the region again, powered by apartment sales.
Source: GVR August 2026 stats package, MLS® Sales Facts. Totals shown at the end of each bar.
August sales eased again year over year, closing out a summer that underperformed 2025 — though townhouses edged slightly ahead of last August.
"Ample selection, softening prices, and stable mortgage rates are considered favorable buying conditions … the composite price index is now down approximately six per cent year over year."— Andrew Lis, Chief Economist & VP Data Analytics, Greater Vancouver REALTORS® (August 2026 report)
Region-wide averages tell one story — your street, your building, and your price band tell another. Ask me for a tailored snapshot.
All statistics from the Greater Vancouver REALTORS® August 2026 monthly market report and stats package (MLS® Home Price Index and MLS® Sales Facts). This page is updated monthly when GVR publishes new data. Figures are for Metro Vancouver as defined by GVR.