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, When do you think 's SFD Home Prices will Peak.. turn to a Buyers Market?

How can you get More Listings SOLD?
Over Priced Listings are still the #1 problem (59% expiry rate in 2013): Only 26% of last years listings were listed on the money to be sold without having to reduce the listing price.

How can make your CMA's More Powerful and get a higher conversion at the RIGHT PRICE?

Over 1,000 CMA'S this Year have used these Advanced tools to get those sharper prices!

The ABSOLUTE Most Accurate Home Price Index (paired) HPIp now enables you to see the Home Value Histories, the Current Values to help you create your instant CMA's and soon to come the Forecasts

, may we show you how we help so many? (Yes)

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Price Reductions Work! In August, in the Vancouver area, 47% of the single family home sales over 30 Days On Market REDUCED their list price by $45,000 (median)
At the same time 59% of the August single family sales in FV/Chilliwack that were over 30 DOM REDUCED their list price by $19,994 (median)
Note: 61% of the listings now expiring had no price reduction! Last year 63.5% of the listings expired!

Index Abbotsford Burnaby North Burnaby Chilliwack Coquitlam North Delta Delta Ladner Langley N. Langley Vancouver Real Estate Investments Maple Ridge Mission New West Port Coquitlam Port Moody Richmond Surrey West Surrey East South Surrey White Rock Vancouver Westside Downtown-West End East Vancouver West Van North Van

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Burnaby

Aug 1, 2026

Current: Burnaby's Residential Detached housing market is in a Buyer's Market with 9 %SOLD rate.
(This means 9 homes out of 100 sold last month with an average $136,300 decrease from the original price) Lesson

Most Active Range: Homes below $1.7 mill. have 13.8 %SOLD rate
Least Active Range: Homes above $3.5 mill. have 2.7 %SOLD rate.

History: The Burnaby Year-To-Date Home Price Index HPIp (Top 50%) shows that prices decreased $168,001.
The Burnaby Home PriceIndexHPIp (Lower 50%) Year-To-Date shows that prices decreased $139,946.
*The HPIp (Home Price Index) is an approximate reflection of the Average Home Price Changes.

Forecast: Burnaby has a normal Listing supply; 411 homes are for sale and with the 9 %SOLD monthly rate gives us a ~12 months of inventory. 10% of the active listings have reduced their price by $116,072 on average or $100,000 median. We project Burnaby now in Buyer'smarket.

Greater Vancouver July 2026:

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 July 2026:

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.