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Metro Vancouver Market Update – August 2026

Home Sales Continue Downward Trend to Close the Summer

Metro Vancouver home sales softened again in August, closing out a summer that underperformed 2025. While inventory continued to gradually decline, buyer demand remained subdued and benchmark prices edged lower across all major property types.

Read Full August Report

MEET BRAD

Bradley Wattum has been a licensed REALTOR® since 2003, helping buyers and sellers navigate the residential real estate markets across many of the communities in Metro Vancouver, including Vancouver - East & West, Burnaby, New Westminster, the Tri-Cities, and the North Shore.

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Buying a Home?

Whether you’re buying your first home or your next one, I’m here to guide you through the process with clarity, strategy, and honest advice. From understanding the market to writing competitive offers, you’ll have experienced support every step of the way.

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Selling a Home?

Selling a home is a major decision — and preparation matters. From pricing and presentation to marketing and negotiations, I’ll help position your property to stand out and attract the right buyers while guiding you through the process with clarity and confidence.

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METRO VANCOUVER

Often described as “a city of neighbourhoods,” Metro Vancouver is made up of 20 distinct communities, according to Greater Vancouver Realtors, and these communities are further divided into more than 300 unique neighbourhoods — each offering its own character, housing styles, amenities, and lifestyle.

Stretching from Whistler to Tsawwassen, and from Maple Ridge to the Gulf and Vancouver Islands, the region includes popular communities such as East Vancouver, Burnaby, New Westminster, the Tri-Cities, and the North Shore. From urban high-rises and family neighbourhoods to waterfront properties and mountain views, every area offers something different for buyers and sellers alike.

Explore Metro Vancouver

VANCOUVER - EAST

Known for its vibrant neighbourhoods, character homes, local businesses, and strong sense of inclusivity, Vancouver - East offers a unique blend of urban energy and family-friendly living.

Explore Vancouver East

BURNABY

Burnaby combines established neighbourhoods, growing urban centres, parks, and connectivity making it one of Metro Vancouver’s most central and desirable communities.

Explore Burnaby

MORE COMMUNITIES

Metro Vancouver is made up of 20 distinct communities and hundreds of neighbourhoods, each offering its own character, lifestyle, and housing.

Recent Blog Entries

Metro Vancouver Market Update August 2026

Sep 08, 2026

Home Sales Continue Downward Trend to Close the Summer

Metro Vancouver home sales softened again in August, closing out a summer that underperformed 2025. While inventory continued to gradually decline, buyer demand remained subdued and benchmark prices edged lower across all major property types.

MARKET TOTALS:

Sales – 1,869

▼4.6% YoY

▼20.7% vs 10-year...

Metro Vancouver Market Update July 2026

Aug 11, 2026

Metro Vancouver Market Update – July 2026

Home Sales Lose Brief Summer Momentum

Metro Vancouver home sales pulled back in July, reversing the broad year-over-year gains seen in June. At the same time, new listings also declined and overall inventory continued to gradually ease, keeping the market relatively balanced despite softer buyer demand.

MARKET...