New data from HouseSigma shows that Metro Vancouver recorded 2,698 home sales in July 2026, down 9.2% from the 2,973 sales registered in July 2025 and down 11.8% from June. However, condos accounted for the bulk of the decline, while detached sales held roughly level with last year, and attached home sales dropped to a lesser extent.

Home sales in July by property type

The three home types went in noticeably different directions year over year, in terms of July transactions.

Detached homes recorded 884 sales, which is up marginally from 880 in July 2025. Attached homes — such as townhouses, half-duplexes, and row houses — recorded 677 sales, down 3.7% year over year. Condos came in at 1,117 sales, down a significant 18.9% from a year earlier.

Comparing sales month over month, the picture looks quite different. All three types fell at a broadly similar rate: detached down 10.8% versus June, attached down 12.2%, and condos down 13.1%.

The divergence only appears in the annual comparison, and that distinction helps us to understand what’s truly happening. A broad month-over-month decline across all three types is what a normal July looks like due to the summer slowdown, whereas a 19% annual drop in one home type while another holds flat is not seasonal.

Median prices by property type

The overall median sale price across Metro Vancouver was $909,000 in July, down 3.3% from June and essentially flat against July 2025, when it was $910,000. That stability is misleading, because every individual property type fell year over year.

Detached homes had a median sale price of $1,570,000, down 4.3% from June and 6.5% from July 2025. That is the lowest monthly detached median since January 2023. Attached homes came in at $899,900, down 4.3% from June and 6.7% year over year. Condos sold at a median of $600,000, down 3.2% from June and 7.7% from a year ago.

The reason the overall median price looks steadier is because condos are the region’s least expensive property type, and they made up a smaller share of July’s sales than they did a year ago. Fewer condo transactions and more detached sales in the mix pulls the region-wide median up, offsetting some of the decline within each individual type.

Listing days on markets and terminations

Time to sell increased slightly in July. Active listings in Metro Vancouver as of the end of July had been on the market an average of 41 days, up from 38 days in June and 36 days in July 2025. Property days on market, which also counts earlier time on market for homes that have been delisted and quickly relisted, averaged 74 days. That compares with 73 days in June and 68 days in July 2025.

Across the three property types, Metro Vancouver sellers withdrew 4,775 listings from the market, either terminating them or letting them expire.

Detached accounted for 1,681 of those, down slightly from June. Attached accounted for 1,084, down 3.0%. Condo apartments accounted for 2,010, up 4.3% from June — the only property type where terminations/expirations increased.

What it all means for buyers and sellers

Four separate measures show that condos are the weakest segment: year-over-year sales, market share, median price decline, and terminations/expirations.

For buyers, with condo listings taking longer to sell and a growing number being pulled from the market, this offers both opportunity to negotiate and plenty of options. But if you’re in the market for a detached home, you’ll have more competition, even if you can still get it for a lower price than a year ago.

For all sellers, but particularly condo sellers, July’s figures suggest that pricing to the market matters more than it did a year ago.

Check out the full Metro Vancouver July 2026 MarketWatch infographic below for more details and breakdowns by area and property type. Mouseover or touch the price chart points to reveal the full data.

The post Infographic: Metro Vancouver home sales drop sharply in July, led by condos appeared first on HouseSigma.

In June 2026, just 168 homes across the region sold for more than their original asking price, out of 3,046 sales in total — roughly one in 18. That is the smallest share of any June since 2021, when nearly four in 10 homes sold above ask. (The comparison of sale price versus the original asking price means we don’t count homes that had their price reduced and then sold above that new price, but below the original.)

Those 168 above-asking sales were not spread evenly across the three home types. Detached houses sold above asking 7.2% of the time and attached homes 6.4%. Condos only managed to sell above asking in 3.7% of sales, despite making up the largest share of sales in the region.

So, some buyers are still bidding above ask, but for a much narrower set of homes than at any point in the past five years. In which case, what are the kinds of homes that still manage to sell above asking price in this softer market?

Here are 10 home sales from June 2026, across Metro Vancouver, that were able to do so — likely for a range of reasons (including, for one, being the former home and studio of a great Canadian artist). They are not ranked, but are instead representative regional samples that each come from a list of the 10 June 2026 home sales that went for most over asking, for their property type. We’ve included four detached homes, three attached, and three condo examples.

The themes for going over asking seem to be recent and extensive renovations, architectural or cultural significance, upgrading potential paired with low price, or amazing location and amenities. All of these examples sold in very little time on market, in addition to going for well over asking.

1. 1620 20th Avenue East, Vancouver: $2,701,620 (+17.5% over ask)

This creative’s paradise is the former home of internationally acclaimed Canadian artist Gathie Falk. The home is a restful place of relaxation with the rare benefit of a massive upstairs studio space with tonnes of natural light (Falk’s private art studio), which is probably why it got so much buyer interest. The East Van house has three bedrooms, two bathrooms, and French doors opening onto a European-style gravel garden. It sold for the unusual figure of $2,701,620, which was 17.5% over its $2.3 million asking price.

Details: $2,701,620 | 3 bed, 2 bath | 2,689 sq ft | Built 1988 | Sold June 12, 2026 (7 days on market)

2. 551 Palisade Drive, North Vancouver: $2,300,000 (+15.5%)

This is an architecturally striking post-modern home in Canyon Heights that was recently sold by the same owner who built it in 1981. It has epic city and ocean views, as well as an office and a den to supplement the four bedrooms. We think that the combination of the unique design, the breathtaking views, and the care taken of this home led to its sale at 15.5% higher than the $1.988 million price tag.

Details: $2,300,000 | 4 bed, 4 bath | 4,078 sq ft | Built 1981 | Sold June 30, 2026 (8 days)

3. 11858 Woodlynn Court, Delta: $1,587,000 (+9.4%)

Another 1980s home, this one may have less architectural or cultural significance than the above, but it’s a highly desirable family home. It has seen over $400,000 in renovations, including a open-concept great room conversion, theatre room, air conditioning, and smart home tech. It sold for 9.4% over its asking price of $1,450,000, after five days on market.

Details: $1,587,000 | 4 bed, 3 bath | 2,397 sq ft | Built 1986 | Sold June 17, 2026 (5 days)

4. 18312 59a Avenue, Surrey: $1,235,000 (+8.3%)

The last of our detached examples is this Surrey family home, which asked $1,140,000, and sold 8.3% over that in only a single day on market. It has lovely interior design, high ceilings in the upper great room, and a great layout that includes an in-law suite downstairs. All of that is on a large corner lot with lots of yard for the kids. That’s a rare enough combination to get buyers bidding against each other.

Details: $1,235,000 | 4 bed, 3 bath | 2,906 sq ft | Built 1984 | Sold June 19, 2026 (1 day)

5. 8289 121a Street, Surrey: $668,000 (+21.5%)

Moving on to attached homes, this well-laid-out Surrey townhome got a whopping premium of 21.5% over its $550K asking price, and sold in a week. That’s not bad for a home that was built in the late 1990s and needs cosmetic updating. But its end-unit status means it has three sides of windows and a lot of natural light, and the layout is ideal for a small family.

Details: $668,000 | 3 bed, 3 bath | 1,333 sq ft | Built 1998 | Sold June 30, 2026 (7 days on market)

6. 1865 7th Avenue East, Vancouver: $1,615,000 (+9.2%)

We’re not surprised this home got a lot of interest, even though it was already an expensive listing. It’s a 1990s-built, recently renovated, Craftsman-style half-duplex near the sought-after Commercial Drive neighbourhood in East Vancouver. The renovations are on point, there’s bags of character and cool angles, there are some vaulted ceilings, there’s a cute balcony off the primary, and it has a sunny back patio. The buyer who got this home was able to bid 9.2% over the $1,479,000 ask.

Details: $1,615,000 | 3 bed, 3 bath | 1,453 sq ft | Built 1995 | Sold June 17, 2026 (6 days on market)

7. 8631 No. 3 Road, Richmond: $945,000 (+5.1%)

This bright Richmond townhome has also seen recent renovations, including a beautiful new kitchen, double-glazed windows, new flooring, designer lighting, and custom built-in closets. It’s also an end unit with an extra-large southwest-facing private backyard, plus it’s located within the sought-after Ferris Elementary and Richmond Secondary school catchments, making it extremely attractive to families. It went for more than 5% over its $899K list price after just four days.

Details: $945,000 | 3 bed, 3 bath | 1,372 sq ft | Built 1984 | Sold June 18, 2026 (4 days on market)

8. 301-120 4th Street East, North Vancouver: $545,000 (+26.8%)

Moving into condos, this estate sale in North Vancouver bucked the condo trend, going for a huge 26.8% over asking — which was a low $429,900 that seemed to invite higher bids. It’s a third-floor corner suite with over 1,000 square feet of space that needs some updating. The 1970s building has a new elevator, an upcoming new boiler and balcony railings, and other improvements, all of which are to be paid by the estate. Given the great location close to the amenities and transit of Lower Lonsdale, plus the unit’s potential and original low price, we’re not surprised this one got into escalated bidding.

Details: $545,000 | 2 bed, 2 bath | 1,022 sq ft | Built 1971 | Sold June 19, 2026 (7 days on market)

9. 2206-1201 Marinaside Crescent, Vancouver: $1,188,000 (+19%)

This large, 22nd-floor, two-bedroom condo in Yaletown has amazing views of False Creek and the marina from three sides. The kitchen and bathroom could use a refresh, but the building has great amenities and is in a truly world-class location. It was listed at $998K and sold at 19% above that price after just two days.

Details: $1,188,000 | 2 bed, 2 bath | 1,165 sq ft | Built 1997 | Sold June 11, 2026 (2 days on market)

10. 606-4168 Lougheed Highway, Burnaby: $800,000 (+14.4%)

The newest of the homes on this list, we’re not sure if this 2024-built condo in the Gilmore Place development has ever been lived in, or was listed on the MLS by the developer’s agent. Either way, it’s as-new, with a chic kitchen with island, two bedrooms, including a primary bedroom with a walk-thru closet and a five-piece ensuite, as well as 200-square-foot covered deck. The pet-friendly new development has impressive amenities, with indoor and outdoor swimming pools, basketball court, bowling alley, golf simulator, piano room, movie room, resident lounges, creative studios, guest suites, and outdoor BBQ areas.

Details: $800,000 | 2 bed, 2 bath | 947 sq ft | Built 2024 | Sold June 22, 2026 (11 days on market)

The post In a softer real estate market, which Metro Vancouver homes are still selling above asking price? appeared first on HouseSigma.

It makes sense that homes sitting on the market for longer would be less likely to achieve their list price. But how much do extra weeks on the market cost the seller — both in terms of the chance of getting asking, and in actual dollars?

Diminishing chances of achieving list price

Among the 3,669 Metro Vancouver homes that sold between January 1 and June 30 this year within seven days of being listed, more than a third reached their asking price or better (1,282 sales, which is 34.9%). In the second week the rate is 17.8%. By the third week it is 9.6%.

Of course, a seller cannot decide to sell within a week. What the seller decides is the asking price, and the asking price produces both the speed and the result. The week-one group is largely made up of homes priced to move.

The decline levels off in weeks four to seven, and slides only a little after that:

• 22–28 days: 7.0%
• 29–56 days: 7.0%
• 57+ days: 6.7%

A home that has been listed for two months has roughly the same chance of achieving its asking price as one listed for four weeks (about one in 14, in both cases).

Clearly, selling in the first couple of weeks is most crucial for the chance of getting list price, although even then, chances are not high in today’s market.

The price gap keeps widening

While the odds begin to flatten after three full weeks on market, the amount that the seller typically has to discount off the asking price does not. The median sale price measured against the final asking price widens at every stage:

• Sold 1–7 days: median sale-to-list price −1.07% (−$9,800)
• 8–14 days: −2.41% (−$20,000)
• 15–21 days: −3.08% (−$25,000)
• 22–28 days: −3.39% (−$29,900)
• 29–56 days: −3.57% (−$30,500)
• 57+ days: −4.14% (−$37,400)

Past the one-month mark, a seller’s chance of getting asking price is no longer rapidly deteriorating, but the amount they give up when they miss it carries on climbing. The typical seller at 57 days or more accepted $37,400 below their asking price. In week one the typical shortfall was $9,800.

Digging further into the data, it is clear that this is not about expensive homes taking longer to sell and seeing bigger relative declines. Homes that sold within a week had the highest median price of any of these sale cohorts, at $995,000, and the smallest dollar gap. Every slower group sold at a median between $875,000 and $913,000.

A crucial caveat about “asking price”

The comparison being made in this report is sale price against the final asking price, which is not always the first asking price. Among Metro Vancouver homes sold in the first half of 2026, 24.3% had their asking price reduced before the sale closed. Which means that for roughly one seller in four, “reaching the asking price” means reaching a number that they had already lowered.

Also, that 24.3% counts only reductions made within a single listing. It does not account for homes that were delisted and then relisted at a lower price, because each listing is measured on its own most recent asking price.

A final note on this data is that these figures only describe homes that actually sold in this six-month period. Listings that were withdrawn or expired without a sale are not counted anywhere in them, and neither are homes still on the market waiting for a buyer. A home listed in May and still unsold today appears nowhere in these numbers, and homes in that position are the ones most likely to land in the slower groups if and when they do sell. The percentages are not the odds facing a seller at the moment they list; they describe outcomes among completed sales only.

What it all means for buyers and sellers

For sellers, the results point at the listing price rather than at any tactic applied afterwards: the homes that achieved their asking price were overwhelmingly the ones that sold quickly, and the ones that sold quickly were priced to do so, with the first two weeks accounting for 28.2% success versus 6.9% for everything past four weeks.

For buyers, a listing’s age is extremely useful information — homes sitting past a month are being bought at a median of 3.6% to 4.1% below what their sellers are asking, and that discount has been widening the longer a listing sits. Take a look at the recent article linked below to learn more about how to spot negotiating room, and what the other important data point is besides days on market.

The post Metro Vancouver homes listed for longer than a week stand little chance of getting asking price appeared first on HouseSigma.

These are the homes where the buyer, not the seller, set the final price. They aren’t confined to the top of the market: a $380,000 Surrey condo and a $5.2 million Belcarra waterfront home both appear below, alongside townhouses and mid-priced apartments. What they all share is a starting price that the market wouldn’t meet and a long, expensive road to the one it would.

Below are the 10 Metro Vancouver homes that took the most relistings to sell between January 1 and June 30, 2026, drawn from MLS data on sales across the 22 municipalities in Metro Vancouver.

The ranking is by the number of separate listings in the selling effort that ended in the 2026 sale, with homes ranked in fourth to tenth all equal at 10 listings each. The ties were broken by the total dollar reduction off the first asking price.

1. 16561 29A Avenue, Surrey: $3,220,000

No home in our analysis was relisted more times than this Surrey detached house. It went on and off the market 14 times between September 2024 and this May. Across roughly 21 months and 13 relistings, the asking price slid from $4.19 million to a final sale of $3.22 million — a $969,000 gap between the seller’s opening number and what a buyer eventually agreed to pay, 23% below the first ask.

Details: $3,220,000 | 8 bed, 8 bath | 6,354 sq ft | Built 2021 | Sold May 31, 2026

2. 23005 Apple Grove, Maple Ridge: $1,160,000

This Maple Ridge detached home first listed in September 2024 at $1.40 million, then spent the next 16 months working through 11 separate listings before it sold in January for $1.16 million. The $239,000 reduction off the opening price, or 17%, came one relisting at a time.

Details: $1,160,000 | 3 bed, 3 bath | 1,835 sq ft | Built 1985 | Sold Jan 14, 2026

3. 14-9762 182A Street, Surrey: $965,000

A newer Surrey townhouse, built in 2025, that took 11 listings to sell but gave up relatively little on price along the way. It first listed in April 2024 at $1,059,999, then worked through 10 relistings over roughly 25 months before closing this May at $965,000. The $94,999 difference between the opening ask and the sale works out to a 9% cut overall — the smallest percentage reduction on the list.

Details: $965,000 | 4 bed, 4 bath | 1,746 sq ft | Built 2025 | Sold May 31, 2026

4. 4995 Robson Road, Belcarra: $3,200,000

This Belcarra house spent longer on the market, and took a larger dollar cut, than any other home on our list. First listed in September 2022 at $5.18 million, it cycled through 10 listings over a whopping 40 months before closing in January at $3.20 million. That is a $1.98 million reduction, 38% below where the seller started.

Details: $3,200,000 | 4 bed, 4 bath | 2,961 sq ft | Built 1969 | Sold Jan 26, 2026

5. 903-239 Keefer Street, Vancouver: $930,000

This Vancouver penthouse with a panoramic roof deck underwent a court-ordered sale, and thus saw the steepest percentage cut of any home here. After 10 listings across roughly three years, beginning in March 2023 at $1.85 million, it sold this April for $930,000 — almost exactly half the original asking price, a $920,000 reduction.

Details: $930,000 | 3 bed, 3 bath | 1,175 sq ft | Built 2024 | Sold Apr 13, 2026

6. 4527 Clinton Street, Burnaby: $2,810,000

This large Burnaby detached home, with eight bedrooms and a separate two-bed suite, was first listed in October 2023 at $3.35 million. Over the next 31 months and 10 listings, the price drifted down to a $2.81 million sale this May — $540,000, or 16%, below the opening ask.

Details: $2,810,000 | 10 bed, 11 bath | 5,157 sq ft | Built 2025 | Sold May 31, 2026

7. 312-555 Abbott Street, Vancouver: $839,000

Listed in October 2023 at $1.1 million, this Vancouver condo with large roof terrace took 10 listings over 27 months to find a buyer, closing in January at $839,000. The final price came in $261,000 below the first ask — a 24% reduction.

Details: $839,000 | 3 bed, 1 bath | 986 sq ft | Built 1995 | Sold Jan 15, 2026

8. 35-1871 165A Street, Surrey: $1,230,000

One of two townhouses on the list, this Surrey property was first listed in May 2025 at $1.4 million. After 10 listings across about 10 months, it sold in February for $1.23 million. That’s $170,000, or 12%, under the opening number.

Details: $1,230,000 | 4 bed, 4 bath | 2,352 sq ft | Built 2024 | Sold Feb 28, 2026

9. 901-13750 100 Avenue, Surrey: $380,000

At the affordable end of the list, this Surrey condo first asked $549,000 in May 2023. Ten listings and roughly 32 months later, it sold in January for $380,000 — a 31% cut, and $169,000 below where it began.

Details: $380,000 | 1 bed, 1 bath | 512 sq ft | Built 2016 | Sold Jan 22, 2026

10. 610-11907 223 Street, Maple Ridge: $428,000

This Maple Ridge condo had the smallest dollar reduction on the list, but it still took 10 listings to clear. Posted in February 2025 at $490,000, it sold the following January for $428,000 — $62,000, or 13%, below the first ask.

Details: $428,000 | 1 bed, 1 bath | 618 sq ft | Built 2024 | Sold Jan 17, 2026

The post Try, and try again: Metro Vancouver’s 10 most-relisted home sales of 2026 so far appeared first on HouseSigma.

More homes sold across Metro Vancouver in June than in the same month a year ago, yet the typical sale price came in a little lower. HouseSigma recorded 3,059 residential sales for the month (see infographic below), up 5.8% from June 2025 and 9% from May. Over the same stretch, the overall median sale price settled at $940,000, down 1.1% year-over-year and 0.8% from May. Buyers were busier, but the extra activity didn’t push prices up.

Of June’s 3,059 sales, condos made up the biggest group at 1,285 sales, ahead of 991 detached homes and 771 attached homes.

The increased activity doesn’t mean the region turned into a scramble for every listing. In fact, homes sat an average of 73 property days on market (which includes when homes were delisted and quickly relisted), which is slightly higher than the previous month. So buyers generally had time to look, compare, and write offers with conditions rather than rushing.

A tale of three home types

The overall median price of $940,000, and its minimal year-over-year drop masks three different stories by home type.

Detached homes had a median of $1,640,000, down 4.1% from June 2025 but up 1.5% from May. Attached homes came in at $940,000, off 2.0% year-over-year. Condo apartments sat at $620,000, down 5.6% from a year ago and 3.3% from May, the largest year-over-year drop of the three types.

So while detached prices firmed up on a monthly basis, condos kept easing. The overall median drifted down slightly, but all home types fell more than the overall on an annual basis. This is due to the increased proportion of detached home sales versus the mix one year ago, keeping the overall median steady.

Why more sales didn’t lift prices

The supply side explains most of the sales vs price gap. Active listings at the end of June stood at 22,005, essentially level with a year ago (up 0.2%). New listings, at 7,958, were down 8.9% from June 2025. Fewer fresh homes came to market this June, but because the existing pool of available homes held steady, buyers still had plenty to work with.

Put the two figures side by side and the balance shows 3,059 sales against 22,005 active listings works out to roughly one in seven available homes selling during the month. That’s a market where more buyers can transact without having to outbid each other for scarce inventory, which is consistent with prices weakening or staying flat, rather than climbing.

More buyers showed up in June but nobody blinked on price. Even while Metro Vancouver sales were up, the median price actually dipped. If you’re selling this summer, price your home for the market you’re in, not the one you remember.

Jeremy Bator, leading HouseSigma agent in the Lower Mainland of BC

What it means if you’re buying or selling this summer

For buyers, the mix of steady inventory and a moderate pace means there’s room to be selective. With listings averaging over five weeks on the market, an offer with normal conditions is far more workable than it was during the frenzied stretches of a few years ago.

For sellers, the same numbers argue for pricing against recent comparable sales rather than last year’s hopes. Homes that are priced to the current market are the ones moving, while those that aren’t tend to sit.

Where prices go from here will depend on how the next Bank of Canada decision lands and how much new inventory arrives once the fall listing season begins.

Check out the full Metro Vancouver June 2026 MarketWatch infographic below for more details and breakdowns by area and property type. Mouseover or touch the price chart points to reveal the full data.

The post Infographic: Metro Vancouver sees more sales in June, but not higher prices appeared first on HouseSigma.

The region-wide median across all types combined edged up over the year, but that is due to a higher proportion of detached homes selling this spring rather than any single home type gaining value. Every property type in the region is, in fact, selling for less than a year ago.

New HouseSigma data (see infographic below) has found that the median detached home sold for $1,615,000 in May 2026, down 5.0% from May 2025; attached homes sold at a median of $947,000, down 3.4%; and condos at $642,000, down 2.5%.

Those declines have been easing, though. The year-over-year gap has narrowed steadily through the spring — on detached homes to about 5% from 10% in January, and on condos to under 3% from 9% — and all three home types edged up in median sale price from April to May. So, prices still sit below last year, but the slide is flattening, not deepening.

Monthly mortgage costs vs last year

Because the interest rate held in today’s announcement, those year-over-year lower prices flow straight through to lower monthly costs for buyers, instead of being offset by pricier borrowing.

At a representative fixed rate of about 4.1%, with 20% down and a 25-year amortization, the monthly payment on a median-priced condo runs roughly $2,740 a month, down from about $2,810 a year ago. An attached home is near $4,040, down from $4,185, and a detached home under the same theoretical conditions would be about $6,895, down from $7,255. (This ignores the fact that most detached home purchases are less reliant on financing than condos, due to factors such as equity accrual and wealth transfer.)

That said, this payment relief is modest, and it is entirely the lower home price doing the work. It is also rate-dependent: a single quarter-point increase, which markets see as possible later this year, would add about $71 a month to that condo payment, almost exactly what the past year’s price drop saved.

Prices down, sellers negotiating, rates frozen since October. If you’re waiting for a better time to buy, I’d love to know what you’re waiting for. The data is practically begging you. I’m just the messenger!

Jeremy Bator, leading HouseSigma agent in Lower Mainland of BC

Sale vs list prices

Buyers held the upper hand on negotiation as well. Across the region, 82.7% of homes sold below their asking price in May, with the typical sale closing about 2.58% under list, a gap of roughly $22,500. Only 9.1% of sales finished above asking.

The discounting reached every property type, if not evenly: detached homes sold furthest below list at a median of 2.96% under, condos at 2.55%, and attached homes nearest to asking at 2.06% under.

A handful of sales sat well outside that pattern. The largest percentage premium over asking went to a two-bedroom White Rock ocean-view condo built in 2020, listed at $699,900 and sold for $850,000, 21.4% above list and the kind of bidding that was rare in May. The biggest dollar amount achieved over list price was a modern detached home in Vancouver’s Cambie neighbourhood, which sold for $6 million, $511K over its asking price.

The steepest discount in percentage terms was a 1930-built home, likely a teardown, on a corner lot in New Westminster. It was listed at $1,300,000 and sold for $910,000, 30% below asking. And in dollar terms, a West Vancouver waterfront condo listed at $10,898,000 sold for $9,275,000, a cut of more than $1.6 million.

What it all means for buyers and sellers

For buyers, May was a reasonably good moment to act, and that continues into June. Prices sit below last year, most sellers are taking offers under asking, and borrowing costs are steady. But the price relief is leveling off rather than building: the year-over-year price gap has been closing, so holding out for much deeper discounts is a weaker bet than it was over the winter, while a rate increase would press on affordability from the other side. Condo buyers, typically the most reliant on financing a large portion of their home price, are the most exposed there.

For sellers, the month rewarded pricing to the current market over last year’s expectations, since homes sold below asking in every category and an above-list result was the exception.

The number worth watching from here is less about the listing price and more about the all-in monthly cost of ownership, which hinges on the path of interest rates as well as on where prices go next.

Check out the full Metro Vancouver May 2026 PriceWatch infographic below for more details and breakdowns by area and property type. Mouseover or touch the price chart points to reveal the full data.

Find all your market trends data for Metro Vancouver here and keep up to date with our BC real estate blog here.

The post Infographic: With BoC rate held, falling Metro Vancouver home prices have lowered monthly costs — for now appeared first on HouseSigma.

So, what does this actually feel like for buyers today, in terms of what you can now get for your hard-earned dollar compared with 2022?

Across the region’s 21 municipalities, the median detached home sale price in April 2026 was $1,600,000, down 15.8% from April 2022. Townhouses are at $868,000, down 13.2%, while condos are at $620,000, down 10.8%.

To show what those price declines truly feel like to buyers on the ground, we picked three price points ($2 million for a detached home, $900,000 for a townhouse, $600,000 for a condo) and pulled real April 2022 and April 2026 sales at each band to take a closer look at how the homes compare.

For each home type we examined two things: what your money gets you now compared with what the same money bought at the spring 2022 peak; and what today’s sample home would likely have cost you four years ago (i.e. what you’re saving from the peak). The results may surprise you!

Detached: What $2M buys you now

Metro Vancouver’s median detached price has fallen 15.8% since April 2022. Two real, fairly typical “Vancouver Special” home sales at around the $2 million mark show what that means for buyers.

2026 detached house: Just last month in April 2026, $2,010,000 bought 6372 Elgin Street in East Vancouver. The six-bed, four-bath home is 3,048 square feet and built in 1987. It had failed to sell at $2.39M in 2025; the seller relisted at $2.15M in March this year and accepted under ask after 28 days.

Details: $2,010,000 | 6 bed, 4 bath | 3,048 sqft | Built: 1987 | Sold: April 8, 2026

2022 detached house: Four years earlier, $1,978,000 was paid for 6702 Doman Street, also in East Vancouver. The five-bed, three-bath home was 2,608 square feet and built in 1982, and it needed more work than our first example. It listed at $1.88M and sold $98,000 over ask in 39 days.

Details: $1,978,000 | 5 bed, 3 bath | 2,608 sqft | Built: 1982 | Sold: April 29, 2022

What this means: For almost the same money in 2026, today’s buyer gets one more bedroom, 440 extra square feet, and a more updated home.

What you’re saving versus 2022: A fairly close April 2022 comparable to our 2026 sale, 7178 Culloden Street (a bit smaller at 2,756 square feet, a bit newer as a 1995 build), sold for $2,250,000. Which shows that buying a similar home today, such as Elgin Street, saves around $240,000. In fact, the typical (median) saving is $300,000 when looking at all detached sales in April 2026 ($1.6M) versus April 2022 ($1.9M) .

Townhouse: What $900K buys you now

Townhouses have softened slightly less than detached, with the regional median down 13.2%, but you can still get a lot more for your money than four years ago. The two sample townhouses we chose to demonstrate this are both in New Westminster, both move-in ready, and they sold within $5,000 of each other.

2026 townhouse: In April 2026, $905,000 bought 9-100 Wood Street: a riverfront townhouse with three bedrooms, three bathrooms, 1,554 square feet, built in 2014. The seller listed at $953,800 and accepted $48,800 under ask after three listing attempts.

Details: $905,000 | 3 bed, 3 bath | 1,554 sqft | Built: 2014 | Sold: April 21, 2026

2022 townhouse: Four years earlier, $910,000 was paid for 30-1010 Ewen Avenue: also three-bed, three-bath, but 1,313 square feet and built in 2004. It was listed at $899,000 and sold over ask in 50 days.

Details: $910,000 | 3 bed, 3 bath | 1,313 sqft | Built: 2004 | Sold: April 5, 2022

What this means: For the same money in 2026, today’s buyer gets 241 more square feet and a townhouse a decade newer with gorgeous finishes and river views.

What you’re saving versus 2022: A 2022 sale on the same riverfront street as our 2026 example, 28-188 Wood Street (nearly identical at 1,552 sqft, built 2017), went for $1,149,000. Which shows that buying that a very similar home in April 2026 can cost $244,000 less than in April 2022, a 21% saving. That said, the typical (median) saving when comparing all townhome sales across each period is $132K.

Condo: What $600K buys you now

Condos have been the most resilient at the median, with the regional median down 10.8% to $620,000. What that headline number misses is that Metro Vancouver condo sales volume fell 42% over the same window.

The clearest example the price-per-dollar shift comes from a single Vancouver building, 5665 Boundary Road, where two units sold four years apart.

2026 condo: In April 2026, $615,000 was paid for unit 519: a two-bed, one-bath, 744-square-foot apartment in this 2016-built tower. It sold at its $615,000 ask in 28 days.

Details: $615,000 | 2 bed, 1 bath | 744 sqft | Built: 2016 | Sold: April 20, 2026

2022 condo: In April 2022, $608,000 (just $7,000 less) bought unit 3204 in the same building: one bed, one bath, only 512 square feet, but much higher up in the building. It was listed at $568,000 and sold $40,000 over ask in 17 days.

Details: $608,000 | 1 bed, 1 bath | 512 sqft | Built: 2016 | Sold: April 14, 2022

What this means: For the same money in 2026, today’s buyer in the exact same building gets an extra bedroom and 232 additional square feet (although not such epic views), with both units in the same fairly new condition.

What you’re saving versus 2022: A spring 2022 sale in the same building, closer in size to our 2026 sample, (678 sqft, 2-bed/1-bath) but with more updated finishes, unit 1802 sold for $790,000. That puts our 2026 unit at $175,000 less for a slightly larger floor plan in the same building, albeit with less fancy decor. It’s worth noting that overall, the median saving on Metro Vancouver condos in April 2026 vs April 2022 is $75,000, when looking at all condo sales in both months.

“To buy a home in 2022 you needed a blindfold, a bidding war budget, and a prayer – and then we watched rates climb from 2.5% to nearly 6% in the same year. Today in Metro Vancouver and the Fraser Valley, prices are down roughly 10-15% from their peak, five-year fixed rates are sitting around 4%, and you actually get to sleep on a home before deciding. The market is still complicated, but for buyers right now, complicated looks a lot like opportunity.”

Jeremy Bator, leading HouseSigma agent in the Lower Mainland

Find all your market trends data for Metro Vancouver here and keep up to date with our BC real estate blog here.

The post Same money, more house: What your buck buys today vs. Metro Vancouver’s 2022 home price peak appeared first on HouseSigma.

The segment-level numbers tell a different story. Sales, prices, and supply are moving in noticeably different directions for detached homes, attached homes, and condo apartments. Treating Metro Vancouver as one real estate market in April 2026 means missing what’s actually happening.

Sales: detached up sharply, condos down

Detached sales reached 891 across Metro Vancouver in April, an 18% increase from 756 a year ago and the strongest detached sales month since October 2025. But condo apartment sales went the other way, falling 12% to 1,194 from 1,360, a drop of 166 transactions. Attached homes posted a small gain of 4%.

The shift is large enough to move the headline price statistic. Detached homes made up 32% of all April sales, up from 27% a year ago. That five-percentage-point swing toward higher-priced inventory is the entire reason the all-types median price rose year-over-year. Strip out the mix change and the picture would look softer, not stronger.

Median prices: every home type fell, but not equally

Every individual property type sold for less than it did a year ago.

• Detached median sale prices fell 7.9%, from $1,737,500 to $1,600,000, a reduction of $137,500
• Attached median sale prices fell 4.1%, from $978,000 to $938,000
• Condo median sale prices fell 6.3%, from $662,000 to $620,000

Detached prices took the biggest hit, and that could explain the sales volume rebound. Buyers who were sitting on the sidelines a year ago are finding detached homes at meaningfully lower prices, and they seem to be acting. The condo story works in the opposite direction. Prices fell, but transactions fell faster — meaning lower prices alone weren’t enough to pull condo buyers back into the market.

Supply: most home types steady, attached homes rising

Active listings at month-end show the third divergence. Detached active inventory was essentially flat year-over-year (7,794 vs 7,750). Condo apartment inventory was also flat (8,257 vs 8,385). The attached segment was different: active inventory rose 16%, from 3,534 to 4,098.

The increase is concentrated in one subtype: half-duplex and semi-detached active listings rose 41%, from 593 to 835, and new listings for that subtype rose by an almost identical 41% over the same window. Owners of half-duplexes are listing in larger numbers than they did a year ago, and the matching buyer demand has not yet shown up. May will be a useful test of whether spring activity catches up to the supply.

One factor every segment shares

Property days on market gives a full picture of how long homes are taking to sell by counting any prior days from when a home was previously listed, delisted, and quickly relisted. By this measure, listing times have lengthened across every segment compared with April 2026, even if they have been lessening month over month.

Active detached listings averaged 77 days of cumulative listing time in April, up from 62 a year ago. Active townhouses averaged 63 days, up from 49. Active condo apartments averaged 72 days, up from 57. This means that listings of every kind have been on the market longer than last spring (which in itself was considered slow), including the detached segment that has otherwise reactivated.

The “detached homes coming back” story doesn’t mean the detached market is hot. It means detached sales are more active than they was a year ago, against a build-up of slow-moving inventory, within an overall market that remains even slower than April 2025.

What this means for buyers and sellers

The clearest read from April is that “Metro Vancouver real estate” is no longer a useful single unit of analysis when the segments are pulling apart this much. A buyer shopping for a detached home and a buyer shopping for a condo are not in the same market, and using the all-types median price or the all-types sales count to read either one will mislead more than it informs.

For detached buyers, the $137,500 year-over-year drop in the median is real money, amplified by lower mortgage rates than a year ago. The opening may not last if enough buyers reach the same conclusion. Detached sellers are pricing into a market where buyers expect to negotiate, which puts more weight on pricing tightly to current comparables from the start.

“The data makes this one simple: buyers have time and selection on their side, while sellers need to show up polished or get comfortable watching their listing clock tick. However, the market vibe is still plenty confusing, and that’s why having an agent who can actually read the data makes all the difference.”

Jeremy Bator, leading HouseSigma agent in the Lower Mainland

The next two months will settle some open questions. Whether detached momentum sustains once the most attractive discounts are absorbed will tell us if the segment has found its price floor or if April was a single-month bump. Whether condo buyers re-engage through the spring, or stay cautious into the summer, will be the real test of where the entry-level market sits.

Check out the full April 2026 MarketWatch infographic for Metro Vancouver below, including more breakdowns by property type and area. Hover or click on the data points to see the full detail.

Find all your market trends data for Metro Vancouver here and keep up to date with our BC real estate blog here.

The post Infographic: April real estate figures reveal Metro Vancouver’s three-way housing market split appeared first on HouseSigma.

Beyond that headline number, HouseSigma data that these were the only 10 home sales above $7 million across Metro Vancouver between January 1 and March 31. It’s a far cry from the heyday of 2021 and 2022, but it’s notably more than Q1 2025, when only six sales crossed that same threshold.

West Vancouver and Vancouver’s West Side account for every detached entry on the below list, with the sole condo located in Vancouver’s West End.

Behind several of these sales is a recurring pattern from the upper end of the market: sellers who spent years, and millions in price reductions (as well as, often, untold renovation costs), trying to offload their properties before finally getting deals done. Four of the top ten sold for at least $5 million below their original asking prices.

Check out the 10 most expensive home sales in Metro Vancouver between January 1 and March 21, 2026.

1. 2789-2781 Point Grey Road, Vancouver: $28,000,000

The biggest residential transaction in Metro Vancouver in Q1 2026, this is a sale that came with a long road to closing. The sellers first listed this Point Grey Road waterfront property for $36 million in 2024, dropped it to $33 million, then brought it back at $28 million earlier this year before finally getting a deal done on February 18. The home spans nearly 5,800 square feet across 10 bedrooms, the result of two formerly separate lots combined into a single estate at arguably one of the most coveted addresses in the city.

Details: $28,000,000 | 10 bed, 6 bath | 5,798 sqft | Built 1968 | Sold Feb 18, 2026

2. 2612 Bellevue Avenue, West Vancouver: $16,750,000

A modern 6,719-square-foot home on one of West Vancouver’s premier waterfront streets, built in 2016 and sold on February 5 for $16.75 million. The previous sale on record was in June 2009 for $5,075,000 — meaning this property more than tripled in value over 17 years, one of the stronger appreciation stories on the list.

Details: $16,750,000 | 4 bed, 6 bath | 6,719 sqft | Built 2016 | Sold Feb 5, 2026

3. 2604 Bellevue Avenue, West Vancouver: $11,500,000

Directly next door to the #2 sale and closing just three days earlier on February 2, this makes two adjacent Bellevue Avenue properties trading hands within days for a combined $28.25 million. We’re curious about that, although without confirmed buyer information, we can’t be sure if it’s a combined deal or an unlikely coincidence. The home itself is a five-bedroom, 5,577-square-foot house built in 1926 and last sold in March 2016 for $10.6 million. A decade on one of Vancouver’s most prestigious waterfront streets added just under $900,000 in value — modest by the standards of the street’s recent history. It’s also worth noting that the above image is the only photo in the most recent listing, which is another hint that this may be a land-parcel play, but you can click through previous expired listings to see the house.

Details: $11,500,000 | 5 bed, 4 bath | 5,577 sqft | Built 1926 | Sold Feb 2, 2026

4. 1050 King Georges Way, West Vancouver: $11,350,000

At 10,844 square feet, this is the largest home on the list by a significant margin — nearly 3,000 square feet bigger than the next largest entry. Built in 2018 in the British Properties with six bedrooms and 10 bathrooms, it sold January 30 for $11.35 million. That’s just $550,000 more than its September 2018 sale price of $10.8 million, less than 5% appreciation over seven years on a property of this calibre.

Details: $11,350,000 | 6 bed, 10 bath | 10,844 sqft | Built 2018 | Sold Jan 30, 2026

5. 3243 Point Grey Road, Vancouver: $9,250,000

A 112-year-old home on the same Point Grey Road as the #1 sale, this one is considerably more modest at 3,522 square feet and three bedrooms — but at $9.25 million on January 14, the land and location are clearly doing all the heavy lifting here. This is a prime redevelopment play on a highly coveted lot with direct access to the beach (and next door is already being redeveloped, as the above photo shows). No prior sale appears in our records for this property.

Details: $9,250,000 | 3 bed, 3 bath | 3,522 sqft | Built 1914 | Sold Jan 14, 2026

6. 1712 Cedar Crescent, Vancouver: $8,775,000

Cedar Crescent sits in the heart of Vancouver’s Shaughnessy neighbourhood, and this charming 1911-built home reflects the character of the street and is the oldest home on our list. It sold March 2 for $8.775 million — just $325,000 more than its March 2024 sale price of $8.45 million. That’s a slim margin for what looks likely to been a two-year renovation flip rather than a regular resale (check out the new interior photos versus the previous sold listing images), so we’re doubtful the sellers got a solid return.

Details: $8,775,000 | 4 bed, 8 bath | 7,871 sqft | Built 1911 | Sold Mar 2, 2026

=7. 1080 Wolfe Avenue, Vancouver: $8,500,000

Another Shaughnessy estate, this one from 1912, and another renovation with a low margin of return. The January 30 sale at $8.5 million finally ended a listing history that stretches back to 2020. The property first came to market at $13.88 million, meaning the sellers collected $5.38 million less than they originally hoped for. The previous recorded sale was August 2015 at $7.85 million, so — after a decade, a renovation, and years of attempting to sell — the net gain was $650,000 minus renovation costs.

Details: $8,500,000 | 4 bed, 6 bath | 5,880 sqft | Built 1912 | Sold Jan 30, 2026

=7. 1762 Acadia Road, Vancouver: $8,500,000

A 2018-built home near UBC that ties with #7 at exactly $8.5 million but closed much later in the quarter, on March 30. It’s another painful selling story. The owners first brought it to market in 2022 at $12.98 million, tried again in 2023 at $13.5 million, and came back in 2024 at $13.5 million before reducing to $11.88 million. Each time the listing expired or was terminated without a sale. The property finally sold at a fresh $8.5 million asking price just two days after being relisted, $5 million below the peak ask. The previous recorded sale was in 2012 at $5.15 million, making the long-term gain $3.35 million over 14 years.

Details: $8,500,000 | 6 bed, 8 bath | 6,326 sqft | Built 2018 | Sold Mar 30, 2026

9. 4208 Evergreen Avenue, West Vancouver: $8,200,000

A stunning, 2007-built waterfront home in West Vancouver offering 4,941 square feet across four bedrooms and five bathrooms, this home has a listing history almost as stubborn as the one above. It first came to market in 2022 at $13.5 million and sold in January this year for $8.2 million — $5.3 million below the original ask. The last sale on record was September 2004 at $4.7 million, which means the long-term appreciation picture is strong, even if the recent listing experience was painful.

Details: $8,200,000 | 4 bed, 5 bath | 4,941 sqft | Built 2007 | Sold Jan 20, 2026

10. 2101-1221 Bidwell Street, Vancouver: $7,200,000

The only condo on the list is a three-bedroom, 2,850-square-foot suite in a Coal Harbour building completed in 2013, selling for $7.2 million on March 19. It last sold in June 2016 for $5.88 million, a gain of $1.32 million over nine years. At roughly $2,526 per square foot, it’s a reminder that Vancouver’s luxury condo market has a very different price per square footage than the detached market.

Details: $7,200,000 | 3 bed, 4 bath | 2,850 sqft | Built 2013 | Sold Mar 19, 2026

Find all your market trends data for Metro Vancouver here and keep up to date with our BC real estate blog here.

The post Winners in the West: The 10 most expensive Metro Vancouver home sales of Q1 2026 appeared first on HouseSigma.

However, the seasonal bounce from February to March is one of the most predictable patterns in real estate, and March 2026 followed that script. When you pull back from the month-over-month headline, this March is still a very slow month by almost any other measure.

March’s total sales of 2,592 is down 4.8% from March 2025, and 42% below the 10-year average for the month of March, based on HouseSigma transaction data. What’s more, it’s the second-slowest March for sales in our 24-year history of Metro Vancouver transactions, which is pulled from MLS records (with only March 2019 being even lower).

New supply is outrunning new demand

The infographic below shows that the sales-to-active listings ratio (the percentage of available homes that actually sell in a given month) stood at 13.4% in March 2026. Five years ago, in March 2021, it was 80.6%. That decline is the clearest single measure of how much the balance of power has shifted in Metro Vancouver’s market. More homes are competing for fewer buyers, and March’s seasonal sales lift did nothing to interrupt that trend.

While sales picked up month-over-month in March, new listings jumped faster. Some 7,858 homes came to market in March, a 23.2% increase from February, pushing active inventory to 19,316 at month’s end. This means supply is growing faster than it’s being absorbed. Greater Vancouver Realtors noted earlier this year that active inventory was running 37% above the 10-year seasonal average, and that gap has held through last month.

Prices are flat on a year-over-year basis

The overall median sale price reached $915,000 in March, up 2.9% from February and just 0.5% higher than one year previously. After 12 months of market activity, the overall price has moved by roughly $3,000. By property type, the year-over-year price picture is even softer: detached home prices fell 7.6% to $1,625,000, condos dropped 5.2% to $640,000, and attached homes came in at $960,000, down 5.4%.

Property days on market (which tracks how long a home has truly been trying to sell, including time from previous listings) remained elevated at 78 days in March. Homes that don’t sell in the first few weeks are clearly finding it hard to attract buyers. This is evidenced by the fact that terminated and expired listings rose year-over-year for both detached homes (+2.8%) and attached (+7.7%), adding to the picture of sellers struggling to find traction.

What this spring market actually means

Until there is a meaningful increase in sales activity — not just the seasonal bumps that come with warmer weather — prices are likely to remain subdued.

Sellers are listing their homes at price levels and volumes that reflect optimism about spring. Buyers, facing economic uncertainty and no particular urgency, are moving at their own pace. The result is more inventory, modest transaction volumes, and sale prices that have softened and show little sign of increasing. For buyers, that’s a quiet market worth that could be worth taking advantage of, while negotiating power is in their hands. For sellers, it’s a reminder that the calendar turning to spring doesn’t automatically bring a frenzy of buying activity along with it.

Jeremy Bator, a leading HouseSigma agent in the Lower Mainland, said, “That 22% jump looks like a party, but it’s really just the market doing its usual spring fling. When you zoom out, we’re still in a slower, slightly buyer-leaning market. Sellers need to be sharp on price, realistic with expectations, and make sure their home shows like a 10, because marginal just gets lost in the mix.”

Check out the full March 2026 interactive MarketWatch infographic for Metro Vancouver below, including more breakdowns by property type and area. Hover or click on the data points to see the full detail.

Find all your market trends data for Metro Vancouver here and keep up to date with our BC real estate blog here.

The post Infographic: What Metro Vancouver’s 22% spring real estate sales bounce really means appeared first on HouseSigma.