Market report · July 2026
Where Greater Vancouver and the Fraser Valley actually stand
Board-published figures, with the context that makes them useful. Updated monthly when GVR and FVREB release.
Summary - July 2026
Both boards recorded weaker sales. Greater Vancouver saw 2,061 sales, down 9.8% year over year and 18.6% below the ten-year seasonal average, with the composite benchmark at $1,088,800 - down 6.2%. The Fraser Valley fell 9% year over year and sits at an 11% sales-to-active-listings ratio, a buyer’s market. Apartments were weakest in both areas.
July 2026
Greater Vancouver REALTORS®
All residential benchmark
$1,088,800
6.2% year over year
Detached benchmark
$1,822,900
7.0% year over year
Townhome benchmark
$1,030,400
6.0% year over year
Apartment benchmark
$688,000
7.5% year over year
Sales-to-active listings
13%
Balanced
- 2,061 sales in July 2026, down 9.8% from July 2025 and 18.6% below the 10-year seasonal average.
- Apartment sales fell 17.8% year over year - the steepest decline of any property type.
- 4,991 new listings, down 11.5% year over year but in line with the 10-year average.
- 16,476 properties currently listed - 26.8% above the 10-year seasonal average.
Source: Greater Vancouver REALTORS®, July 2026.
July 2026
Fraser Valley Real Estate Board
Detached benchmark
$1,335,200
8.3% year over year
Townhome benchmark
$757,300
7.1% year over year
Apartment benchmark
$469,500
9.1% year over year
Sales-to-active listings
11%
Buyer’s market
- Sales down 9% year over year and 5% from June 2026.
- A sales-to-active-listings ratio of 11% keeps the Fraser Valley in buyer’s-market territory.
- Inventory remains high and competition subdued, so buyers are taking their time.
Source: Fraser Valley Real Estate Board, July 2026.
What this means if you own something
Falling benchmarks and thin sales volumes put a lot of owners in the same position: unwilling to accept today’s price, unsure what else to do. Renting out and waiting is a legitimate answer, and whether it’s the right one depends on numbers specific to you.