Vancouver-area home sales fell 8.4 per cent in September as benchmark prices declined

Home sales in the Vancouver region fell 8.4 per cent in September from a year earlier, as fewer apartment-style homes changed hands. Greater Vancouver Realtors said 1,717 homes sold, 25 per cent below the 10-year seasonal average. Andrew Lis, the board’s chief economist and vice-president of data analytics, said sales of attached and detached homes were slightly above last year’s levels despite the overall decline.

The composite benchmark price for all residential property types was $1,075,900, down 5.5 per cent from September 2025 and 0.6 per cent from August 2026. There were 5,852 new listings last month, a 10.3 per cent year-over-year decrease but 5.7 per cent above the 10-year average. Total inventory fell 4 per cent from a year earlier to 16,394 homes, which was 24.3 per cent above the long-term average.