As we move through mid-Q3, we’re seeing Metro Vancouver and the Fraser Valley experience a softer residential sales pace—1,900 sales, which wraps up summer 2026 on a quieter note and lands below earlier yearly forecasts. The composite benchmark price now stands at $1.08M, showing a month-over-month dip from early Q3 as more buyer-friendly conditions emerge across the market. With active inventory at 15,800 properties, buyers are enjoying more options and sellers are working harder to stand out in a competitive landscape. Detached homes have led the way in price corrections, now at a benchmark of $1.8M, while apartments are at $686K and attached homes at $1.03M. The sales-to-active listings ratio sits around 12%, firmly indicating a buyer’s market—meaning more choices and greater room for negotiation. In times like these, a strategic approach to home sales and precise pricing can make all the difference. My focus is always on tailoring the process to your goals, so you can move forward with clarity and confidence.
Leave a Reply