Vancouver-area home sales down nearly 5% in August amid second-half lag: board
Greater Vancouver Realtors says there were 1,869 home sales last month, which was 20.7% below the 10-year seasonal average.
Andrew Lis, the board’s chief economist and vice-president of data analytics, says inventory levels have receded from their 2025 heights, and paired with slower-than-usual sales, this has caused prices “to drift downwards across all market segments.”
The composite benchmark price for all types of residential properties in Vancouver was $1,081,900, a 5.6% decline from August 2025 and a 0.6% dip from July 2026.
There were 4,100 new listings on the market last month, down three per cent year-over-year and 1.3% lower than the 10-year average.
Meanwhile, total inventory fell 2.7% annually to 15,798, which was 26.2% above the long-term average.
Visited 56 times, 56 visit(s) today
andrew lis Greater Vancouver Realtors real estate market The Canadian Press vancouver vancouver home prices vancouver home sales vancouver housing market
Last modified: September 3, 2026
