The August 2026 Metro Vancouver market numbers are in. 🏡

It was another slower month for real estate across the region, with overall sales down 4.6% from August of last year and prices continuing to soften.

For buyers, there is still a good amount of inventory to choose from and more opportunity to take your time, compare properties and negotiate.

For sellers, pricing and presentation continue to be very important. Homes are selling, but buyers are being selective and properties need to be positioned properly for today’s market.

A few August highlights:

• Detached benchmark: $1,799,400

• Townhouse benchmark: $1,028,800

• Apartment benchmark: $686,200

• Total Metro Vancouver sales: 1,869

• Total active listings: 15,798

Every neighbourhood and property type is a little different, so the overall Metro Vancouver numbers only tell part of the story.

If you’re thinking about selling, or just want to know what’s happening in Burnaby, New Westminster or your neighbourhood, feel free to reach out.

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