Greater Vancouver REALTORS Reports July 2026 Home Sales Totaled 2,061, Composite Benchmark Price at $1,088,800

Greater Vancouver REALTORS — July 2026

Greater Vancouver REALTORS reports residential sales in the region totaled 2,061 in July 2026, marking a 9.8 per cent decrease from the 2,286 sales recorded in July 2025. The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is $1,088,800, representing a 6.2 per cent decrease over July 2025.

Market Analysis

Residential sales in the Metro Vancouver region totaled 2,061 in July 2026, a 9.8 per cent decrease from the 2,286 sales recorded in July 2025. This follows 2,390 total sales in June 2026. Andrew Lis, GVR chief economist and vice-president data analytics, stated, “Last month, we reported gains in home sales across all home types, raising the question of whether demand would continue to build into the summer. Instead, July sales were down nearly ten per cent, led by an 18 per cent drop in apartment sales, confirming to market watchers that the June momentum was not sustained.”

There were 4,991 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in July 2026. This represents a 11.5 per cent decrease compared to the 5,642 properties listed in July 2025. The total number of properties currently listed for sale on the MLS® system in Metro Vancouver is 16,476, a 4 per cent decrease compared to July 2025 (17,168). This follows 17,017 active listings in June 2026. The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is $1,088,800. This represents a 6.2 per cent decrease over July 2025 and a 0.9 per cent decrease compared to June 2026 ($1,099,100). Across all detached, attached and apartment property types, the sales-to-active listings ratio for July 2026 is 13 per cent.

Property Type Analysis

In July 2026, sales of detached homes reached 639, with a benchmark price of $1,822,900. Attached/townhouse sales totaled 454, and the benchmark price for this property type is $1,030,400. Apartment sales were 952, with a benchmark price of $688,000. By property type, the sales-to-active listings ratio is 10.5 per cent for detached homes, 15.8 per cent for attached, and 14 per cent for apartments.