The Metro Vancouver real estate market slowed in September, but the headline numbers don’t tell the whole story.

According to Greater Vancouver REALTORS®, 1,717 homes sold in September 2026, down 8.4% from September 2025. However, most of that decline came from the apartment market.

Apartment sales fell 18.6% year-over-year, while detached home sales increased 4.2% and townhouse sales increased 0.6%.

Home prices also continued to adjust. The benchmark price for all residential properties in Metro Vancouver was $1,075,900, down 5.5% from September 2025.

What does this mean for buyers and sellers?

The market isn’t moving the same way across every property type or neighbourhood. Buyers remain selective, but well-positioned properties can still attract strong interest.

If you’re thinking about buying or selling in Vancouver, Burnaby, Coquitlam, Surrey, Richmond, or elsewhere in Metro Vancouver, looking at your specific local market is more useful than relying only on the overall headline.

Thinking about your next move? Contact Emily Vu to discuss what’s happening in your neighbourhood.

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