Vancouver Area   Oct. 17, 2026 (2-week update) (Click here)

Current:  Vancouver area Real Estate Market is in Buyer;s market with an average of 9.7% SOLD rate.   See each city for the full details.

Forecast: 

Home Prices Are Still Falling! But There’s Some Good News!

Greater Vancouver detached home prices dropped an average of $16,504 in September, compared to $22,911 in August. That's a 28% smaller drop! However, 81% of detached home markets are still declining. Condo prices fell $4,797, with 78% of markets dropping. Townhomes took an even bigger hit, falling an average of $8,593, with 87% of markets declining! Canadian consumer confidence is extremely weak. American tariffs are forcing Canadian businesses to close, lay off staff, or move south. We forecast more job losses next month = more downward pressure on home prices! But this market could turn around! If Canada & the US reach a trade agreement with lower tariffs, businesses could regain confidence & start hiring again. If interest rates dropped 1.5%, banks made financing easier & governments offered buyer incentives, sales could recover! EG: FOR 6 MONTHS, remove GST on new homes & property transfer taxes on all sales. This would encourage buyers to step back into the market! Bottom Line: Restore jobs, lower interest rates & reduce buying costs = more buyers, more sales & a stronger housing market!

Want to know how your neighbourhood is performing? Visit 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 understand the market and make the best move.

.Fraser Valley & Chilliwack  Oct. 17, 2026  (2-week update)

Current:  Fraser Valley and the Chilliwack areas in Stable Market averaging a 9.8%SOLD rate.  See each city link for the full details

Forecast:  

Good News! Detached Home Prices Are Falling Slower!

Fraser Valley detached home prices dropped an average of $5,589, compared to $10,687 in August. However, 56% of detached markets are still declining. Condos fell $3,717, with 83% of markets declining. Townhomes took the biggest hit, dropping $9,208, with 92% of markets falling! Bottom Line: Detached homes are showing improvement, but condos & townhomes remain under pressure. Buyers have stronger bargaining power! Sellers need competitive prices to attract serious offers. Canadian consumer confidence is extremely weak. American tariffs are forcing Canadian businesses to close, lay off staff, or move south. We forecast more job losses next month = more downward pressure on home prices! But this market could turn around! If Canada & the US reach a trade agreement with lower tariffs, businesses could regain confidence & start hiring again. If interest rates dropped 1.5%, banks made financing easier & governments offered buyer incentives, sales could recover! EG: FOR 6 MONTHS, remove GST on new homes & property transfer taxes on all sales. This would encourage buyers to step back into the market! Bottom Line: Restore jobs, lower interest rates & reduce buying costs = more buyers, more sales & a stronger housing market!

Want to know how your neighbourhood is performing? Visit 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 understand the market and make the best move.

Vancouver Area Real Estate Market Investment Conditions - Monthly Overview

In the Vancouver area for the Month of September 2026, 28% of the Single Family Home Sold Listings reduced their List Price by an average of $110,009. This compared to August 2026 when 24% reduced their List Price by an average of $124,242.
(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 September 2026, 32% of the Single Family Home Sold Listings reduced their List Price by an average of $57,084. This is compared to August 2026 when 35% reduced their List Price by an average of $54,896.

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The Best and Worst Investments in Greater Vancouver()

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 %%FIRSTNAME do compare the %SOLD and the MTI rates to last year! Now %%FIRSTNAME do compare the %SOLD and the MTI rates to the year 2022! Now %%FIRSTNAME do compare the %SOLD and the MTI rates to the year 2021! Now %%FIRSTNAME do compare the %SOLD and the MTI rates to the year 2020! Now %%FIRSTNAME do compare the %SOLD and the MTI rates to the year 2019! Now %%FIRSTNAME 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