The Vancouver housing market in fall 2026 favours buyers. In September 2026 Greater Vancouver recorded 1,717 sales (down 8.4% year over year and 25% below the 10-year average) while inventory sat at 16,394 listings. The composite benchmark price was $1,075,900, down 5.5% from a year earlier (Greater Vancouver Realtors).
September 2026 by the numbers
| Measure (Greater Vancouver) | September 2026 | Change |
|---|---|---|
| Home sales | 1,717 | −8.4% vs Sept 2025 |
| New listings | 5,852 | −10.3% vs Sept 2025 |
| Total listings (inventory) | 16,394 | −4% vs Sept 2025 |
| Composite benchmark price | $1,075,900 | −5.5% year over year |
| Detached benchmark | $1,784,700 | −7.3% year over year |
| Townhouse benchmark | $1,016,700 | −4.7% year over year |
| Apartment benchmark | $682,500 | −6.2% year over year |
Source: Greater Vancouver Realtors, September 2026 statistics, as reported by The Canadian Press and local market summaries. Benchmark figures cover the Greater Vancouver board area, which includes Vancouver and Burnaby.
What it means for buyers
- More choice and more negotiating room than in recent years, especially on detached homes.
- New construction is competing harder — builders are reducing prices (for example, a Fraserhood half duplex Deepak lists was recently reduced by $100,000).
- Get pre-approved first so you can move when the right home appears.
What it means for sellers
- Price to the market from day one. Overpriced homes sit while buyers watch the price drop.
- Presentation matters more when buyers have options: staging, video and strong online marketing.
- Know your true comparable sales. Request a free valuation for your Vancouver or Burnaby home.
Burnaby housing market
Burnaby follows the same broad trend as Greater Vancouver: more listings and softer prices than a year ago, with townhomes and well-priced duplexes near SkyTrain still attracting steady interest. For a street-level read on your Burnaby home, see selling in Burnaby.
This page is updated every month when Greater Vancouver Realtors releases new statistics.
Last updated October 2026 by Deepak Jagpal PREC, SRS Westside Realty.