10/09/2026
October 2026 Market Insights Snapshot:
- September recorded just 2 presale launches, releasing 32 homes, with no reported sales as developers continued to pace new supply.
- October is forecast to see 2 launches totalling approximately 172 homes, though overall presale activity remains well below typical fall levels.
- The purpose-built rental market recorded its strongest delivery month of 2026, with 6 projects completing and 1,001 new rental homes across Metro Vancouver and the Fraser Valley.
- October is expected to deliver approximately 780 additional purpose-built rental homes, including the return of concrete rental product to Vancouver's west side.
- Resale activity softened across both Greater Vancouver and the Fraser Valley, while elevated inventory and gradually declining benchmark prices continue to provide buyers with greater choice and negotiating power.
- With municipal and provincial elections taking place this month, buyers and developers alike continue to await greater policy certainty before making significant decisions.
Overall, the market remains in a holding pattern, with limited presale activity, expanding rental supply, and buyers waiting for clearer direction before confidence returns.
🔗 Check out the full October 2026 Pulse Report: https://hubs.ly/Q04zQS5T0