August 2026 closed with the Greater Vancouver composite HPI benchmark at $1.08M, 5.6% lower than the same month a year earlier. The HPI is CREA and the boards' quality-adjusted typical-home benchmark — it filters out the noise that comes from mix shifts (more high-end sales pulling the average up, more entry-level pulling it down).
Month-over-month the benchmark eased 0.6%. 1,717 sales were reported against 13,491 active listings on the books.
Months of inventory measured 7.6, indicating easing supply (buyers gaining leverage).
For neighbourhood-level detail across the Greater Vancouver territory, see the per-area pages — each one carries the latest benchmark for that specific neighbourhood. For a buying or selling consultation, reach Bronson directly at 778-867-2766.
Frequently Asked
- What was the Greater Vancouver HPI benchmark price in August 2026?
- August 2026's composite HPI benchmark for the Real Estate Board of Greater Vancouver territory was $1.08M. That's lower 5.6% year-over-year and down 0.6% month-over-month. The HPI is the industry-standard quality-adjusted price benchmark, computed by CREA and the boards.
- Was August 2026 a buyers' market or sellers' market in Greater Vancouver?
- Months of inventory in August 2026 were 7.6. By convention, ≤4 months is tight (sellers' territory), 4–6 is balanced, 6–8 is easing, and >8 is a buyers' market.
- What does the Greater Vancouver board cover?
- The Real Estate Board of Greater Vancouver territory covers Vancouver, Burnaby, Richmond, North & West Vancouver, the Tri-Cities, and the rest of the REBGV territory. Bronson Job PREC, REALTOR® serves clients across this footprint as well as adjacent Fraser Valley communities through dual board membership.
Source: Real Estate Board of Greater Vancouver. Composite HPI benchmark across all property types (detached, townhouse, apartment). Aggregate measures — specific properties may transact above or below the benchmark. HPI is the CREA / board industry-standard quality-adjusted price index.