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LATEST MARKET STATS

🏡 METRO VANCOUVER REAL ESTATE — OCTOBER 2026

📉 Sales DOWN. Prices DOWN. Inventory UP.

The latest housing numbers are in, and the market continues to favour buyers.

Here's what stands out:

📉 Home sales: Down 10.2% from October 2025 and 22.5% below the 10-year seasonal average.

🏘️ New listings: Down 11.6% year-over-year.

🏡 Active listings: 15,688 homes for sale — 24% above the 10-year seasonal average.

💰 Benchmark home price: $1,068,600 — DOWN 5.2% year-over-year and 0.7% from September.

By property type:

🏠 Detached: $1,775,200 ⬇️ 7.0%

🏘️ Townhomes: $1,006,500 ⬇️ 5.5%

🏢 Apartments: $673,400 ⬇️ 5.9%

Here's the BIG takeaway:

With sales well below historical averages, inventory elevated, and prices continuing to soften, buyers have more choice and potentially greater negotiating power.

But not every neighbourhood or property type is performing the same way.

Buying, selling, or simply watching the market? Let's talk about what these numbers mean for your next move.

📊 Source: Greater Vancouver REALTORS® — October 2026 Market Report.

Read Full October Report

MEET BRAD

Bradley Wattum has been a licensed REALTOR® since 2003, helping buyers and sellers navigate the residential real estate markets across many of the communities in Metro Vancouver, including Vancouver - East & West, Burnaby, New Westminster, the Tri-Cities, and the North Shore.

[More About Brad]

Buying a Home?

Whether you’re buying your first home or your next one, I’m here to guide you through the process with clarity, strategy, and honest advice. From understanding the market to writing competitive offers, you’ll have experienced support every step of the way.

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Selling a Home?

Selling a home is a major decision — and preparation matters. From pricing and presentation to marketing and negotiations, I’ll help position your property to stand out and attract the right buyers while guiding you through the process with clarity and confidence.

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METRO VANCOUVER

Often described as “a city of neighbourhoods,” Metro Vancouver is made up of 20 distinct communities, according to Greater Vancouver Realtors, and these communities are further divided into more than 300 unique neighbourhoods — each offering its own character, housing styles, amenities, and lifestyle.

Stretching from Whistler to Tsawwassen, and from Maple Ridge to the Gulf and Vancouver Islands, the region includes popular communities such as East Vancouver, Burnaby, New Westminster, the Tri-Cities, and the North Shore. From urban high-rises and family neighbourhoods to waterfront properties and mountain views, every area offers something different for buyers and sellers alike.

Explore Metro Vancouver

VANCOUVER - EAST

Known for its vibrant neighbourhoods, character homes, local businesses, and strong sense of inclusivity, Vancouver - East offers a unique blend of urban energy and family-friendly living.

Explore Vancouver East

BURNABY

Burnaby combines established neighbourhoods, growing urban centres, parks, and connectivity making it one of Metro Vancouver’s most central and desirable communities.