Greater Vancouver January 2026:
The housing market in Metro Vancouver is still in a Buyer's Market, but prices are not falling as fast as they did in December. In January 2026, the average drop was $13,479, which is a slight improvement over December’s $21,298 monthly decline. This shows that buyers still have the upper hand. There are many homes for sale, and buyers are waiting for that good deal.
Condo and townhome prices are doing a little better. Condo prices fell by only $1,375 in January, much less than the $4,843 drop in December. About 44% of condo areas are now seeing prices go up. Townhomes also improved. Prices dropped $4,413 compared to $6,010 in December, and 31% of townhome areas are now rising, up from 13% last month. If this trend keeps going, the market could start to level out in the next 1 to 2 months. Condos and townhomes may recover first this spring. Right now is a good time for buyers, but sellers need to price their homes realistically and market them well to get the best results.
Wondering which neighbourhoods are gaining momentum—or slowing? Visit VancouverMarketReports.com every Saturday at noon for the latest Sell-Through-Rates showing the Winners and Losers across all 17 cities. 📞 For expert guidance or a free Home Market Analysis, call Bill Coughlin and the Coughlin Team at 778-374-3744—we’re here to help you make the right move.
Fraser Valley January 2026:
The Fraser Valley housing market is still in a Buyer's Market, but it is more stable than Metro Vancouver. Detached home prices went down $4,837 in January, better than December’s $7,120 drop. About 33% of detached areas are now seeing prices go up, which shows the market is more balanced.
Condo and townhome prices are starting to stabilize. Condo prices fell $1,140, much smaller than December’s $5,257 drop, and 25% of condo areas are now increasing. Townhomes did even better. Prices dropped just $1,630 compared to the $5,805 we saw in December, and 42% of townhome areas are now seeing price gains, up from 17% last month. If this continues, prices could level out in the next 1 to 2 months. Townhomes may recover first, followed by detached homes. Overall, buyers still have the advantage, and the Fraser Valley market is holding up better than Metro Vancouver as we move into early 2026.
Wondering which neighbourhoods are gaining momentum—or slowing? Visit VancouverMarketReports.com every Saturday at noon for the latest Sell-Through-Rates showing the Winners and Losers across all 17 cities. 📞 For expert guidance or a free Home Market Analysis, call Bill Coughlin and the Coughlin Team at 778-374-3744—we’re here to help you make the right move.
