Vancouver Home Sales Slip 4.6%: Why Buyers Aren't Biting Despite Lower Prices

Residential sales in Metro Vancouver totalled 1,869 in August 2026, a 4.6 per cent decline from the 1,959 sales recorded in August 2025, according to the latest data from Greater Vancouver REALTORS® (GVR). This figure sits 20.7 per cent below the 10-year seasonal average of 2,356 transactions. The summer of 2026 underperformed relative to 2025, confirming a sustained cooling pattern that has persisted since May. New listings also moderated, with 4,100 properties coming to market—down 3 per cent from August 2025 and 1.3 per cent below the 10-year average for new supply.