1,717 Homes Sold
Sales were 8.4% fewer than one year earlier and 25.0% below the 10-year seasonal average.
September 2026 Metro Vancouver Market Update
Apartment Sales Weakened While Detached And Townhouse Sales Held Steady.
Metro Vancouver recorded 1,717 home sales in September, down 8.4% from last year and 25% below the 10-year seasonal average. The slowdown was concentrated in apartments: condo sales fell 18.6%, while detached and townhouse sales were slightly higher than one year ago. With 16,394 homes available and an overall sales-to-active listings ratio of 10.9%, buyers generally have more choice and negotiating room.
Source: Greater Vancouver REALTORS® monthly residential report, published October 2, 2026. Automatically checked daily and updated only when a complete new release is verified.
Live GVR Chart
Vancouver Benchmark Price Trend
The current composite benchmark is $1,075,900, down 0.6% from the previous month and down 5.5% year over year. Use the chart controls to compare this movement with the longer-term trend.
This chart describes a broad market trend. It does not replace a review of recent sales, active competition, property condition, or neighbourhood-specific demand.
September 2026 At A Glance
What The Latest Numbers Say About The Market.
The latest GVR figures describe a buyer-leaning market. These Vancouver-wide numbers establish the overall direction; individual neighbourhoods, buildings and price ranges can perform differently.
16,394 Active Listings
Inventory was 24.3% above the 10-year seasonal average. Buyers therefore have more choice than is typical for this time of year.
10.9% Sales-To-Active Ratio
Detached homes were at 9.7%, townhouses at 12.2% and apartments at 11.4%. Lower ratios generally give buyers more negotiating room.
$1,075,900 Benchmark
The composite benchmark moved down 0.6% month over month and down 5.5% from one year ago.
Prices By Property Type
How Each Major Segment Performed In September 2026.
Detached Homes: $1,784,700
The detached benchmark moved down 0.8% from the previous month and down 7.3% year over year. Its sales-to-active ratio was 9.7%.
Apartments: $682,500
The apartment benchmark moved down 0.5% monthly and down 6.2% annually. Building condition, strata costs and upcoming expenses remain important.
Townhouses: $1,016,700
The townhouse benchmark moved down 1.2% monthly and down 4.7% annually. Its sales-to-active ratio was 12.2%.
5,852 New Listings
These new listings joined an active inventory of 16,394 homes. The balance between new supply and completed sales determines whether buyer choice expands or contracts.
What September Conditions Mean For You
Strategy Matters More In A Slower Market.
For Buyers
Use The Extra Choice Carefully.
Higher inventory, slower sales and gradually declining prices give buyers time to compare properties and negotiate. This does not mean every seller will accept a substantial discount, particularly when a home is renovated, well located and priced correctly. The strongest opportunities are likely to be properties that have been listed for longer or are competing with several similar homes.
Browse Vancouver PropertiesFor Sellers
Price Against Today's Competition.
Buyers have more alternatives and are less likely to overlook pricing or property-condition concerns. Sellers should compare their home with current competing listings as well as recent sales. Apartment sellers face the most pronounced slowdown, while detached and townhouse sales held up better year over year.
Request A Home Value ReviewFor Owners Who Are Unsure
Look At Your Property Type, Not Just The Average.
September was not equally slow across every property type. Apartment sales accounted for most of the overall decline, while detached and townhouse sales remained close to or above last year’s levels. The right strategy depends heavily on the neighbourhood, property type, condition and price range rather than the Metro Vancouver average alone.
Review My OptionsA More Useful Market Answer
Tell Me The Home, Area, And Decision You Are Considering.
I can compare September’s market numbers with recent sales and current competition that actually match your property, neighbourhood, price range, or search.