December 9, 2025
RED FM News Desk
Housing prices in Metro Vancouver are expected to fall once more in 2026, according to new data, as buyers remain cautious and housing inventory continues to rise. Prices may decrease further throughout 2026.
According to the Royal LePage 2026 Market Survey Forecast, the aggregate price of a home in Greater Vancouver is expected to decrease by 3.5% year-over-year in the fourth quarter of next year, reaching approximately $1.14 million.
Detached homes are projected to see the steepest decline, with average prices expected to drop by 5% to approximately $1.61 million. Condo prices are forecast to experience a 3% drop, settling around $712,853.
This prediction follows a year marked by reduced sales activity and rising inventory levels across Metro Vancouver. Royal LePage suggests that homes are sitting on the market longer because many buyers are holding back, either concerned about broader economic uncertainty or waiting for prices to drop further.
Loading ...
