For buyers
For the first time in years, you can take your time.
Inventory across Metro Vancouver is running well above the ten-year average and competition is subdued. That is a genuinely different buying environment from 2021 - and it rewards patience rather than punishing it.
What the current market means for buyers
As of September 2026 there were 16,394 properties listed across Metro Vancouver - 24.3% above the ten-year seasonal average - with a 10.9% sales-to-active-listings ratio. The Fraser Valley is at 9%, firmly a buyer’s market.Benchmark prices are down across every property type on both boards. In practice: more choice, less pressure, and real room to negotiate on conditions as well as price.
Where prices sit today
Greater Vancouver REALTORS®
Detached
$1,784,700
7.3% year over year
Townhome
$1,016,700
4.7% year over year
Apartment
$682,500
6.2% year over year
Fraser Valley Real Estate Board
Detached
$1,300,000
8.8% year over year
Townhome
$745,300
6.2% year over year
Apartment
$461,800
9.3% year over year
Sources: Greater Vancouver REALTORS® and the Fraser Valley Real Estate Board, September 2026.
The Fraser Valley is where affordability actually moved
A Fraser Valley townhome benchmark of $745,300 against $1,016,700 in Metro Vancouver is not a small difference. If your work is flexible or your commute tolerant, widening the search across the board line is the single biggest lever you have - and I cover both.
Tell me what you’re looking for
Area, budget, timing, must-haves. I’ll set up a search and flag things worth seeing - including properties that have quietly been sitting and where there’s room to negotiate.