September 2026 Market Statistics

Here are the latest real estate market statistics from Macdonald Realty on listings and sales in September 2026.

Find all the infographics related to the September Market Statistics by visiting the Facebook Album.

Fraser Valley

 Fraser Valley home buyers remained cautious despite continued weakening prices, as September sales failed to keep pace with the seasonal rise in new listings.  

The Fraser Valley Real Estate Board recorded 922 sales on its Multiple Listing Service® (MLS®) in September, a two per cent decrease from August and four per cent below sales from the same month last year. Subdued demand continues to weigh on prices, with the composite Benchmark price for a typical Fraser Valley home falling one per cent in September and seven per cent from one year ago.

“Prices continue to soften, with some areas of the Fraser Valley seeing more significant declines,” said Ishaq Ismail, Chair of the Fraser Valley Real Estate Board. “The Benchmark price for a single-family home is now $460,000 below its March 2022 peak. For buyers who are in a position to act, this represents a significant shift in affordability and may create an opportunity for some households to move into a different segment of the market.”

After a quieter summer, more sellers returned to the market in September, bringing 2,818 new listings, up 19 per cent from August, but 18 per cent below the same month last year. Overall inventory remained unchanged in September, with 9,763 active listings on the market, a 0.2 per cent decline from August, but still 31 per cent above the 10-year seasonal average.

The Fraser Valley has spent most of the last two years in a buyer’s market with no change in September. A balanced market is typically defined by a ratio between 12 and 20 per cent.

“Buyers have been waiting for months for greater economic certainty,” said Anthony Boone, Interim CEO of the Fraser Valley Real Estate Board. “But a succession of economic shocks have conspired to weigh on consumer confidence, keeping many buyers on the sidelines. Despite lower prices and more choice, buyers remain cautious, and that is being reflected in the pace of sales.”

Across the Fraser Valley in September, the average number of days to sell a condo was 46 days, while a  single-family detached home was 45 days. Townhomes took, on average, 38 days to sell. (Source: FVREB News Release, October 5, 2026.)

Greater Vancouver

Home sales registered on the MLS® in Metro Vancouver* declined 8.4 per cent relative to September last year, weighed down by the apartment segment.

The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 1,717 in September 2026, an 8.4 per cent decrease from the 1,875 sales recorded in September 2025. This was 25 per cent below the 10-year seasonal average (2,289).

“While sales were down about eight per cent overall in September, this figure hides the fact the weakness is contained to the sizeable apartment segment, which typically accounted for half of sales in any given month in recent years,” said Andrew Lis, GVR chief economist and vice-president data analytics. “By contrast, sales of attached and detached homes finished slightly up from last September, consistent with our view that end-users are primarily driving the market, as investor-driven demand awaits more favourable market conditions.”

There were 5,852 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in September 2026. This represents a 10.3 per cent decrease compared to the 6,527 properties listed in September 2025. This was 5.7 per cent above the 10-year seasonal average (5,537).

The total number of properties currently listed for sale on the MLS® system in Metro Vancouver is 16,394, a four per cent decrease compared to September 2025 (17,079). This is 24.3 per cent above the 10-year seasonal average (13,186).

Across all detached, attached and apartment property types, the sales-to-active listings ratio for September 2026 is 10.9 per cent. By property type, the ratio is 9.7 per cent for detached homes, 12.2 per cent for attached, and 11.4 per cent for apartments.

Analysis of the historical data suggests downward pressure on home prices occurs when the ratio dips below 12 per cent for a sustained period, while home prices often experience upward pressure when it surpasses 20 per cent over several months.

“The combination of slow sales and inventory trending lower has kept home prices from declining too swiftly, with the composite price index drifting down 0.5 percent month –over-month,” Lis said. “While small month-over-month changes may not appear significant individually, the cumulative effect of many small changes has become more pronounced over time, with all market segments now showing price declines of about three per cent since the start of the year.” (Source: 'Apartments lead sales downward', October 2, 2026.)

Okanagan

Residential real estate activity across the Interior in September showing signs that the market is beginning to find its footing again after a challenging few months, reports the Association of Interior REALTORS® (the Association).The Association region recorded 1,141 residential sales in September, on par with the 1,141 units sold in August yet down 8% compared to the same time last year.

New residential listings saw a 13.4% decrease compared to September 2025 with 2,289 new listings recorded last month, up from the previous month’s 2,062 new listings. The total number of active listings saw a 6.8% decrease in inventory compared to the same time last year with 9,185 recorded across the Association region and down compared to August’s 9,378 total inventory.

“Market activity across the Interior is showing early signs of a soft rebound following a challenging few months. While broader geopolitical and economic uncertainty continues to make some buyers and sellers hesitant, inventory isn’t accumulating, which is helping maintain balanced conditions,” says Association of Interior REALTORS® President Ryan Mayne, adding that “we’re also seeing that well-priced homes are being picked up relatively quickly, which is an encouraging sign that the market is gradually moving in the right direction.”

In the Okanagan and Shuswap/Revelstoke regions, the benchmark price for single-family homes saw increases across all sub-regions in September compared to the same month last year, apart from the South Okanagan region that saw a decrease of 6.2%, coming in at $718,400. The townhome housing category saw percentage decreases in all sub-regions, with the highest decrease of 5.7% seen in the South Okanagan region compared to September 2025, coming in at $486,700. The benchmark price in the condominium housing category saw increases in all sub-regions with the highest increase of 6.6% seen in the Shuswap/Revelstoke region compared to the same month last year, coming in at $435,100. (Source: 'Local Residential Real Estate Market Activity Showing Signs of Recovery', October 5, 2026.)

Squamish and Whistler

Vancouver Island

The Vancouver Island Real Estate Board (VIREB) recorded 562 unit sales (all property types) in September 2026, down 13 per cent from one year ago. Year-over-year active listings (all property types) were 4,457, up four per cent from the previous year.

In the single-family category (excluding acreage and waterfront), 279 homes sold in September 2026, a decrease of eight per cent from one year ago and down six per cent from last month. Sales of condo apartments in September came in at 55, down seven per cent from last year and 21 per cent from August. In the row/townhouse category, 50 units changed hands in September, a drop of 36 per cent from one year ago and down 37 per cent from August.

Active listings of single-family homes were 1,458 in September, up from 1,424 one year ago. VIREB’s inventory of condo apartments was 359 last month, dropping from the 390 properties listed in September 2025. There were 332 row/townhouses for sale last month compared to 341 the previous year.

“Our housing market has weathered a lot of economic uncertainty over the past year, but we’re beginning to see those challenges have a greater influence on buyer confidence,” said Jason Yochim, VIREB Chief Executive Officer.

Yochim noted that the VIREB area has moved into buyer’s market territory, giving purchasers plenty of choice. He added that while benchmark prices have remained relatively flat across most markets, sellers who price competitively continue to have the greatest success.

“Buyers are taking their time and looking for the right property at the right price,” said Yochim. “Wellpriced homes, particularly those in high demand, continue to move. Sellers need to be realistic about where the market is today, not where it was a few years ago.”

Yochim added that no matter the market conditions, a local REALTOR® brings on-the-ground knowledge of their community, which can help clients make informed decisions when buying or selling a home. (Source: 'Realistic Pricing Key in Buyer's Market', October 1, 2026.)