Vancouver, Canada
Property prices · 2026 · Americas · Price +2.9% vs 2025
Property price trend in Vancouver (2024–2026)
Property comparison — cities in Canada (2026)
| City | Centre /sqm | Outside /sqm | 1-Bed Rent | vs Vancouver |
|---|---|---|---|---|
| Vancouver | CAD 15,515 | CAD 10,165 | CAD 2,996 | — |
| Toronto | CAD 13,375 | CAD 8,774 | CAD 2,675 | -13.8% |
| Montreal | CAD 7,276 | CAD 4,815 | CAD 1,926 | -53.1% |
| Ottawa | CAD 6,165 | CAD 4,039 | CAD 1,913 | -60.3% |
| Calgary | CAD 5,528 | CAD 3,614 | CAD 2,020 | -64.4% |
| Edmonton | CAD 4,039 | CAD 2,658 | CAD 1,488 | -74% |
| Quebec City | CAD 3,720 | CAD 2,445 | CAD 1,169 | -76% |
Other Americas cities (2026)
Frequently asked questions
How much does property cost in Vancouver in 2026?
In Vancouver, the average price per sqm in the city centre is CAD 15,515, and CAD 10,165 outside the centre (2026 data). Prices have risen 7% since 2024.
How much is rent in Vancouver in 2026?
A 1-bedroom apartment in Vancouver rents for approximately CAD 2,996 per month in 2026. A 3-bedroom apartment costs around CAD 5,564/month.
Is it better to buy or rent in Vancouver?
Renting is generally more cost-effective in Vancouver. The price-to-rent ratio is 26.0x — it would take approximately 26.0 years of rental payments to equal the property purchase price. Current mortgage rates are approximately 5.80%.
What are mortgage rates in Canada in 2026?
The average mortgage rate in Canada is approximately 5.80% as of 2026. With a price-to-rent ratio of 26.0x, buyers should carefully weigh mortgage costs against rental savings.
How have property prices in Vancouver changed?
Property prices in Vancouver have changed +2.9% vs 2025. Since 2024, prices have increased by 7%. Use the year tabs above to compare prices across years.
What is the price per sqm in Vancouver?
The average property price per square metre in Vancouver city centre is CAD 15,515 in 2026. Outside the centre, expect to pay around CAD 10,165/sqm.