09/07/2026
🏠 **Metro Vancouver Real Estate Update — September 2026**
The market continues to favour buyers, with sales remaining below normal and inventory still relatively high.
In August:
• 1,869 homes sold across Metro Vancouver
• The benchmark price was $1,081,900
• Prices were down 5.6% from last year
• The Bank of Canada kept its policy rate at 2.25%
Richmond remains particularly attractive for buyers right now, especially in the condo and detached markets where there is plenty of selection and room to negotiate.
For sellers, homes are still selling—but buyers have choices. Proper pricing and presentation are becoming increasingly important.
If you're wondering what these numbers mean for your home or your buying plans in Richmond or Vancouver, feel free to reach out. I'm happy to provide a neighbourhood-specific market analysis.
