Sectors / neighbourhoods
Downtown and the West End form Vancouver's densest residential core, a skyline of glass towers where almost every…
Kitsilano and Point Grey anchor Vancouver's beachside west side, blending character houses, low-rise condos and the…
East Vancouver, from Commercial Drive to Hastings-Sunrise and Renfrew, has long been the more attainable half of the…
South Vancouver, neighbourhoods like Sunset, Marpole, Victoria-Fraserview and Killarney, is one of the city's most…
Mount Pleasant and the Fraser Street corridor are among Vancouver's most sought-after neighbourhoods for younger…
Dunbar and Shaughnessy represent the top of Vancouver's housing market, tree-lined streets of heritage mansions and…
Burnaby is its own city east of Vancouver, home to the Metrotown and Brentwood condo towers, SFU and established…
North Vancouver, spanning both the City and the District on Vancouver's North Shore, pairs mountain-edge detached…
Calculate for Vancouver: buy or sell
By profession
The Vancouver real estate market — Sep 2026
| Indicator | Value | 1-year change |
|---|---|---|
| Reference price (Sep 2026) | $1,075,900 | -5.5% |
| Sales (Sep 2026) | 1,717 transactions | -8.4% |
| By property type | ||
| Detached | $1,784,700 | -7.3% |
| Townhouse | $1,016,700 | -4.7% |
| Apartment | $682,500 | -6.2% |
Metro Vancouver remains one of Canada's most expensive housing markets. The MLS® benchmark reported for it covers the whole Greater Vancouver REALTORS territory.
In September 2026, the MLS® benchmark price in Vancouver stood at $1,075,900, down 5.5% year over year. By property type: detached $1,784,700 (−7.3%), townhouse $1,016,700 (−4.7%), and apartment $682,500 (−6.2%). There were 1,717 sales during the month, 8.4% fewer than a year earlier. Source: Greater Vancouver REALTORS (GVR), September 2026.
Buying in Vancouver rewards discipline, not haste: with prices this high, the cost of a poor purchase is enormous, and strata documents can make or break a condo deal. Each area behaves differently — Kitsilano, East Vancouver and the North Shore are distinct markets — so a city-wide benchmark only goes so far. A broker who knows which buildings carry assessment risk, and an appraiser who gives an independent read, are what protect a buyer at these amounts.
At these amounts, local expertise is non-negotiable. Payotte lists one verified professional per sector across Vancouver's 8 covered districts — real estate broker, mortgage broker, home inspector and certified appraiser — each ranked on Google reviews, experience and an active licence (BCFSA, the Law Society of British Columbia, the Appraisal Institute of Canada). One reference per neighbourhood, never sponsored.
How Payotte selects
For every sector, Payotte publishes a single professional per profession — the highest-scoring on its 100-point grid (Google reviews 35, experience 30, active provincial licence 15, local presence 15, bonus 5). No paid placement, no ads, no commissions.
Frequently asked questions
Which real estate professionals does Payotte recommend in Vancouver?
In Vancouver, Payotte names one independent, verified professional per trade in each of its 8 sectors — real estate agent, mortgage broker, home inspector, real estate lawyer and appraiser — scored on public data (Google reviews, active licence on the regulator's register, local presence), with no ads or commissions.
What is the average home price in Vancouver in 2026?
In September 2026, the MLS® benchmark price in Vancouver stood at $1,075,900, down 5.5% year over year. By property type: detached $1,784,700 (−7.3%), townhouse $1,016,700 (−4.7%), and apartment $682,500 (−6.2%). Source: Greater Vancouver REALTORS (GVR), September 2026.
Is Vancouver a buyer's or seller's market?
Months of inventory — the figure used to call a buyer's or seller's market — is not available for Vancouver (September 2026), so Payotte does not call it either way rather than guess. In September 2026, the MLS® benchmark price in Vancouver stood at $1,075,900, down 5.5% year over year. Source: Greater Vancouver REALTORS (GVR), September 2026.
How do prices compare across detached homes, townhouses and apartments in Vancouver in 2026?
In September 2026, in Vancouver, by property type: detached $1,784,700 (−7.3%), townhouse $1,016,700 (−4.7%), and apartment $682,500 (−6.2%). Source: Greater Vancouver REALTORS (GVR), September 2026.
How does Payotte select the expert for a sector?
On a 100-point scale (Google reviews 35, experience 30, active licence such as BCFSA 15, local presence 15, bonus 5). Only the top-scoring verified professional is published per sector.
How much tax do you pay when you sell a home in Vancouver?
Usually none if it is your principal residence: the Canada Revenue Agency's principal residence exemption wipes out the capital gain for each year the home is designated, though the sale must still be reported. For another property (cottage, rental), half the gain is added to taxable income (1/2 inclusion rate, CRA guide T4037) and taxed at your marginal rate. Example at Vancouver's reference price ($1,075,900): bought for $975,900, the home shows a gain of $100,000: $0 taxable if it is your principal residence; otherwise $50,000 of taxable amount is added to your income (the resulting tax depends on your marginal rate, not computed here). The land transfer tax is paid by the buyer, not the seller; the agent's commission is negotiated, and no official schedule sets it.
Source : Greater Vancouver REALTORS (GVR) · Metro Vancouver (territoire GVR) · 2026-09 — figures updated with each board release.
Property assessment in Vancouver
Assessor: BC Assessment, the provincial authority that produces assessments. It does not set tax rates or calculate tax bills.. To appeal: Notice of Complaint filed with BC Assessment by January 31; moved to the next business day when the 31st falls on a weekend (February 2 in 2026).
Property assessment in British ColumbiaHow to appeal: the guide
The Vancouver market pulse, every month
Prices, sales, inventory, days on market — sourced board figures, once a month by email. Free, one-click unsubscribe.
Other cities in British Columbia
- Surrey — 6 sectors
- Richmond — 1 sector
- Abbotsford — 1 sector
- Coquitlam — 1 sector
- Kelowna — 1 sector
- Prince George — 1 sector
- Kamloops — 1 sector
- Nanaimo — 1 sector
- Victoria — 1 sector