Vancouver Area   Aug. 07, 2026 (2-week update) (Click here)

Current:  Vancouver area Real Estate Market is in Buyer;s market with an average of 7.5% SOLD rate.   See each city for the full details.

Forecast: 

The Metro Vancouver housing market slowed in July, with prices continuing to fall across most housing types. Detached home prices dropped by an average of $15,498. 71% of detached home markets saw price declines.

Condo prices also went down, with an average decrease of $7,846. 83% of Vancouver condo markets saw price declines. At the same time, townhome prices fell by an average of $8,656. 87% of Vancouver townhome markets saw price declines.

Looking ahead to next month, Metro Vancouver is expected to remain a declining market, with most detached homes, condos, and townhomes continuing to face downward price pressure. Consumer confidence is being dramatically challenged by our current trade war. Buyers may continue to have more negotiating power, while sellers may need to price competitively to attract buyers.

It’s more important than ever to know what’s happening in your local area. Want to see how your neighbourhood is performing? Check VancouverMarketReports.com every Saturday at noon for the latest Sell-Through Rates across all 17 cities. For expert advice or a free home market review, call Bill Coughlin and the Coughlin Team at 778-374-3744. We’re here to help you make the best move.

.Fraser Valley & Chilliwack  Aug. 07, 2026  (2-week update)

Current:  Fraser Valley and the Chilliwack areas in Stable Market averaging a 10.2%SOLD rate.  See each city link for the full details

Forecast:  

The Fraser Valley housing market remained very soft in July, with prices falling across all three major housing types. Detached home prices dropped by an average of $16,381. 78% of detached home markets saw price declines.

Condo prices decreased by an average of $4,771. 75% of Fraser Valley condo markets saw price declines. The same time townhome prices fell by an average of $8,261. 67% of Fraser Valley townhome markets saw price declines.

Looking ahead to next month, the Fraser Valley market is expected to remain a declining market, with most detached homes, condos, and townhomes continuing to face downward price pressure. Consumer confidence is being dramatically challenged by our current trade war. Buyers may continue to have more negotiating power, while sellers may need to price competitively to attract buyers.

It’s more important than ever to know what’s happening in your local area. Want to see how your neighbourhood is performing? Check VancouverMarketReports.com every Saturday at noon for the latest Sell-Through Rates across all 17 cities. For expert advice or a free home market review, call Bill Coughlin and the Coughlin Team at 778-374-3744. We’re here to help you make the best move.

Vancouver Area Real Estate Market Investment Conditions - Monthly Overview

In the Vancouver area for the Month of July 2026, 27% of the Single Family Home Sold Listings reduced their List Price by an average of $112,887. This compared to June 2026 when 21% reduced their List Price by an average of $105,829.
(Note: the other Two Week Reports ( STR and MTI ) will be more accurate market indicators than this monthly report after the middle of each month)

In the Fraser Valley-Chilliwack area, for the Month of July 2026, 36% of the Single Family Home Sold Listings reduced their List Price by an average of $57,523. This is compared to June 2026 when 34% reduced their List Price by an average of $52,328.

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Year over Year (12months Back): Greater Vancouver Real Estate Markets  Prices Changes  Updated 2026 Jul22/26 2PM r2r w8c Prices have dropped across most Cities in All Markets! From the June 2025 (12 months of Sales) For Vancouver Detached Homes: White Rock is down the most at 12.4%, Burnaby declined JUST 9.3%. From the June 2025 (12 months of Sales) For Fraser Valley Detached Homes: All cities continue to show a downward trend for average price changes,  West Surrey had the biggest drop at   10.7%  North Delta had the 2nd biggest drop at   9.3%  Langley Cloverdale's High 50% dropped   8.4% or -$117,315.   and the city with the least drop was Chilliwack at 4.3%.    (Click Image to See the difference between the High and Low Markets)   From the Peak in Feb 2022 (52 months of Sales) For Vancouver Detached Homes: Delta-Twnsn is down the most at 48.9%, Richmond declined JUST 15.8%. From the Peak in Feb 2022 (52 months of Sales) For Fraser Valley Detached Homes: All cities continue to show a downward trend for average price changes,  West Surrey had the biggest drop at   31.6%  Abbotsford had the 2nd biggest drop at   29.4%  Mission's High 50% dropped   28.6% or -$666,000.   and the city with the least drop was Ft Langley Wlnt Grve at 18.9%.     Houses  Detached Homes                                                                                                                                                 TOP   Condos  Attached        High/Low Markets                                                                                                                  TOP Townhouses  Attached        High/Low Markets                                                                                              TOP Index Abbotsford Burnaby North Burnaby Chilliwack Coquitlam North Delta Delta Ladner Langley N. Langley Maple Ridge Mission New West Port Coquitlam Port Moody Richmond Surrey West Surrey East South Surrey White Rock Vancouver Westside Downtown-West End Yaletown East Vancouver West Van North Van aaaNow do compare the %SOLD and the MTI rates to last year! Now do compare the %SOLD and the MTI rates to the year 2022! Now do compare the %SOLD and the MTI rates to the year 2021! Now do compare the %SOLD and the MTI rates to the year 2020! Now do compare the %SOLD and the MTI rates to the year 2019! Now do compare the %SOLD and the MTI rates HISTORY Trying to do the math? Lessons:  STR   MTI  How the  STR  and  MTI  rates actually work Click here                          EXPAND..Interactive Link   zzzz Bill Coughlin "Realtor and Lifestyle Consultant"   1-778-374-3744            [email protected] eXp Realty Independently Owned and Operated                               Key words Real Estate Investments Housing Market Trends and Forecasts for Vancouver Area See all Markets

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Hello Friends,
 It’s Bill Coughlin! 

📞 Call me for your Free Market Analysis of your home.

📲 Text me now at
778-374-3744.

I’m here to help put More Money in Your Pocket!

Index

• Vancouver Westside
• Downtown-Westend
• Yaletown-Coal Harbor
• Richmond
• East Van
• West Van
• North Van
• Burnaby
• North Burnaby
• New Westminster
• Ladner-Delta
• Coquitlam
• Port Coquitlam
• Port Moody
• Maple Ridge
• White Rock -South Surrey
• North Delta
• West Surrey
• East Surrey
• Langley
• North Langley
• Abbotsford
• Mission
• Chilliwack