The Bank of Canada held its overnight rate at 2.25% on September 2, 2026, keeping its policy rate unchanged. The Bank Rate remains at 2.50%, while the deposit rate is 2.20%.

For Vancouver home buyers and sellers, the decision provides some near-term stability after months of economic uncertainty. While the Bank of Canada rate does not directly determine every mortgage rate, holding steady gives borrowers a clearer starting point when planning a purchase, sale, renewal, or refinance.

What the Rate Hold Means for Vancouver Buyers

For buyers, a steady policy rate means there was no new Bank of Canada rate increase to immediately add pressure to borrowing costs.

This can make it easier to plan a home-buying budget and compare financing options.…

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Buying or selling a home in Vancouver involves more than the purchase price or final sale price. Closing costs can add thousands of dollars to a real estate transaction, so understanding them ahead of time can help you budget properly and avoid surprises on completion day.

Whether you're purchasing a Vancouver condo, townhouse, or detached home, or preparing to sell, here are the key Vancouver real estate closing costs to know.

Closing Costs for Vancouver Home Buyers

1. BC Property Transfer Tax

Property Transfer Tax (PTT) is one of the biggest closing expenses for many Vancouver buyers. It is generally calculated on the property's fair market value at:

  • 1% on the first $200,000
  • 2% from $200,000 to $2 million
  • 3% on the portion above…

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Vancouver Real Estate Buyer Market Update – September 2026

As September begins, Vancouver home buyers are entering the fall real estate market with more options, softer prices, and greater room to negotiate than they had a year ago.

The latest complete monthly statistics from Greater Vancouver REALTORS® (GVR) show that Metro Vancouver recorded 2,061 residential sales in July 2026, down 9.8% year over year and 18.6% below the 10-year seasonal average.

At the same time, inventory remains elevated, giving prepared buyers an opportunity to compare properties carefully instead of feeling pressured to make quick decisions.

Vancouver Real Estate Market at a Glance

Here are some of the key numbers shaping the market:

  • 2,061 homes sold
  • …

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Vancouver Real Estate Market Update for Sellers | September 2026

Vancouver’s fall real estate market is beginning with more choice for buyers and more competition for sellers. Homes are still selling, but pricing and presentation are becoming increasingly important.

According to the latest Greater Vancouver REALTORS® data:

  • 2,061 residential sales in July 2026
  • 16,476 active listings
  • 13.0% sales-to-active listings ratio
  • $1,088,800 composite benchmark price
  • Benchmark price down 6.2% year over year
  • Active inventory remained 26.8% above the 10-year seasonal average

With a 13% sales-to-active listings ratio, the market remains close to conditions that typically favour buyers. Sellers should expect buyers to compare…

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Why August 2026 Is Giving Vancouver Buyers More Options

The Vancouver real estate market in August 2026 is giving home buyers something valuable: more choice and more time to make informed decisions. With sales slowing and inventory remaining well above historical averages, buyers are entering late summer with stronger negotiating opportunities.

The latest complete Greater Vancouver REALTORS® (GVR) statistics show 2,061 residential sales in July 2026, down 9.8% from July 2025 and 18.6% below the 10-year seasonal average. Meanwhile, Metro Vancouver had 16,476 active listings, which was 26.8% above the 10-year seasonal average.

Vancouver Real Estate Market: Key Numbers

Here is what buyers should know heading through August:

  • 2,061 home…

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Vancouver Sellers Market Update

As August 2026 moves toward its close, Metro Vancouver sellers are navigating a market where pricing, presentation, and strategy matter more than ever. Buyers have choices, sales activity remains below historical norms, and homes that are positioned correctly have a much better opportunity to capture attention.

The latest complete monthly statistics available from Greater Vancouver REALTORS® (GVR) are for July 2026, giving sellers an important snapshot of the conditions shaping the August market.

Vancouver Real Estate Market at a Glance

Metro Vancouver recorded 2,061 residential sales in July 2026, down 9.8% year over year and approximately 18.6% below the 10-year seasonal average.

At the same time:

  • …

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Vancouver Sellers Market Update

As August 2026 moves toward its close, Metro Vancouver sellers are navigating a market where pricing, presentation, and strategy matter more than ever. Buyers have choices, sales activity remains below historical norms, and homes that are positioned correctly have a much better opportunity to capture attention.

The latest complete monthly statistics available from Greater Vancouver REALTORS® (GVR) are for July 2026, giving sellers an important snapshot of the conditions shaping the August market.

Vancouver Real Estate Market at a Glance

Metro Vancouver recorded 2,061 residential sales in July 2026, down 9.8% year over year and approximately 18.6% below the 10-year seasonal average.

At the same time:

  • …

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East Vancouver Neighbourhoods to Watch in 2026

East Vancouver continues to attract home buyers looking for a balance of location, lifestyle, transit access, and housing variety. But East Van isn't one single market. Conditions, prices, property types, and buyer demand can vary significantly from one neighbourhood to the next.

Here are four East Vancouver neighbourhoods to watch in 2026.

Renfrew

Renfrew remains an appealing option for buyers seeking a residential feel with convenient access to the rest of Vancouver. The neighbourhood offers a mix of detached homes, duplexes, townhomes, and condos, making it relevant to everyone from first-time buyers to growing families.

With nearby SkyTrain access, parks, schools, local shops, and…

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Why Consider a Vancouver Condo in 2026?

Buying a condo in Vancouver in 2026 could be a smart move for buyers who are financially prepared and planning to stay for several years. With more properties to choose from in many areas, buyers may have greater flexibility to compare options, negotiate, and complete proper due diligence before making an offer.

Condos remain one of the more accessible ways to enter Vancouver's real estate market. They can be especially attractive for first-time buyers, professionals, couples, downsizers, and investors.

Depending on the property and neighbourhood, buyers may benefit from:

  • More listings to compare
  • Greater negotiating opportunities
  • Lower prices than many detached homes
  • Convenient access to…

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August 2026 Metro Vancouver Buyer Market Update: More Choice, Softer Prices and Room to Negotiate

For Metro Vancouver home buyers, August 2026 continues to offer a window of opportunity. Inventory remains elevated compared with historical norms, prices have softened from last year, and sales activity slowed again in July. Together, these conditions are giving many buyers something they have not always had in Vancouver real estate: time, selection, and negotiating leverage.

According to Greater Vancouver REALTORS® (GVR), 2,061 residential properties sold in July 2026, down 9.8% from July 2025 and 18.6% below the 10-year seasonal average. At the same time, there were 16,476 homes listed for sale, which was 26.8% above the 10-year seasonal average.

…

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