Vancouver New Construction Market Report
454 new-construction homes are active on the MLS in Vancouver at a median list price of $1,649,444 as of August 31, 2026. Below: the live MLS snapshot, the board benchmark for comparison, CMHC rents and gross yields, and the presale projects selling here now. We represent buyers only — never developers.
PresaleProperties.com is the buyer-focused representation practice of Uzair Muhammad (REALTOR, Real Broker BC), serving presale and new construction buyers across Metro Vancouver and the Fraser Valley from 3211 152 St, Building C, Suite 402, Surrey BC V3Z 1H8 — (672) 258-1100.
Live MLS snapshot
This block is computed from active MLS listings in Vancouver built in 2026 or later, refreshed daily and last computed on August 31, 2026. It reflects asking prices for homes available right now, not sold prices — treat it as a read on current supply and pricing intent.
Board benchmark for context
The board benchmark is a different measure: a quality-adjusted price for a typical Vancouver condo, published monthly by the real estate board. The most recent month we store is January 2026. Benchmarks lag the live market by design; use them for trend, and the live snapshot for what is actually listed today.
Rents and gross yield
CMHC's 2025 survey puts the average Vancouver one-bedroom at $1,860 and two-bedroom at $2,647, with a 2.7% vacancy rate. Gross yield is rent × 12 ÷ price, before strata fees, property tax, insurance, vacancy and financing — it is a screening number, not a return.
Deposits and buying costs
Most BC presale deposits total 5–15% of the purchase price, staged across several instalments, with promotional structures occasionally as low as 2.5–5%. Deposits are held in trust under REDMA. On completion you also pay the balance of the purchase price, GST on new homes where it applies (with the new housing rebate where you qualify), property transfer tax, legal fees and the first strata contribution.
Frequently Asked Questions
Is Vancouver a buyer's market for presales right now?
The most recent board data we store for Vancouver classifies it as a seller's market, and the live MLS snapshot shows new-construction listings sitting a median of 54 days. We report the data direction only — we do not forecast prices.
How many new-construction homes are for sale in Vancouver?
454 homes built in 2026 or later are active on the MLS in Vancouver as of August 31, 2026, at a median list price of $1,649,444.
What does a presale cost in Vancouver?
13 published presale projects are selling in Vancouver on our platform, each with verified pricing on its project page.
What deposit will I need in Vancouver?
Most BC presale deposits total 5–15% of the purchase price, staged across several instalments, with promotional structures occasionally as low as 2.5–5%. Deposits are held in trust under REDMA.
Where do these Vancouver numbers come from?
Two clearly separated sources. The live snapshot is computed from active MLS listings built in 2026 or later and refreshes daily (last computed August 31, 2026). The benchmark figures are the real estate board's published data for the month shown — we never adjust or estimate board benchmarks.
Can I buy something already finished in Vancouver?
Yes. Move-in ready new construction — homes built in 2026 or later that are complete and on the MLS — is listed at /properties/vancouver.
| Active new-construction listings | 454 |
|---|---|
| Median list price | $1,649,444 |
| Median price per sq ft | $1,137/sq ft |
| Median days on market | 54 days |
| Median condo list price | $1,174,950 |
| Median townhome list price | $1,466,983 |
| Benchmark condo price | $980,000 |
|---|---|
| Average price per sq ft | $1,488/sq ft |
| Average days on market | 25 days |
| Year-over-year price change | 5.0% |
| Market condition | Seller's market |
| Average 1-bedroom rent | $1,860 |
|---|---|
| Average 2-bedroom rent | $2,647 |
| Average 3-bedroom rent | $3,614 |
| Vacancy rate | 2.7% |
| Gross yield, 1-bed vs median condo price | 1.9% |
Presale projects selling in Vancouver
- Oakridge Park — Oakridge, Vancouver · from $978,800 · 10% deposit
- Rhodes — Queen Elizabeth Park, Vancouver · from $799,900 · 10% deposit
- Ortus — South Oak, Vancouver · from $599,900 · 15% deposit
- Soto on W28 — Cambie, Vancouver · from $1,774,900 · 10% deposit
- The Cut — Renfrew, Vancouver · from $659,900 · 15% deposit
- Exeter Hall — UBC, Vancouver · from $698,800 · 15% deposit
- Vesa | Little Mountain — Little Mountain, Vancouver · from $600,000 · 10% deposit
- Ardea — River District, Vancouver · from $619,000 · 15% deposit
- Fraser E49 — Fraser E49, Vancouver · from $699,900 · 6% deposit
- Latitude on Cambie — Langara-49, Vancouver · 15% deposit
- Nolia — Cambie Corridor, Vancouver · from $2,250,000 · 5% deposit
- Oku — South Oak, Vancouver · from $599,000 · 15% deposit
- Rowen W47 — Oakridge, Vancouver · from $649,900 · 10% deposit
Founded by Uzair Muhammad, REALTOR® — Real Broker BC