Monthly data report
BC Presale Price Report — August 2026
Newbuild tracks 299 presale and new-construction projects actively selling across 18 British Columbia cities — 54,525 homes in total. As of August 12, 2026, the median starting price across those projects is $698,000, and the median entry price per square foot is $936.
Data captured August 12, 2026. Figures are frozen on publication and are never revised.
What the August 2026 numbers show
Every claim below is drawn from the figures in this report and is frozen alongside them. Each carries the limit of what it can be read to mean.
The completion pipeline thins out in 2027
12,578 homes across 73 projects are scheduled to finish in 2027 — 35% fewer than the 19,231 due in 2026, and 31% fewer than the 18,245 scheduled for 2028.
Completion years are developer estimates, not guarantees — presale timelines slip routinely, and a project that misses 2026 lands in 2027.
Burnaby is building more homes than Surrey out of a fraction of the projects
Burnaby's 25 selling projects account for 15,364 homes — an average of 615 each. Surrey has the most projects of any BC city at 49, but 10,230 homes, or 209 each.
Unit counts are the total homes announced for a project, including phases not yet released for sale.
Entry price per square foot varies 2.6× across BC
The entry-level home runs a median $1,271 per square foot in Vancouver and $492 in Mission, across the cities where we track at least three selling projects.
This is each project's lowest published price divided by its smallest floorplan — the cost of getting in the door, not a market-wide price per foot.
Langley holds one of BC's cheapest presales and one of its highest median starting prices
The cheapest home in Langley starts at $299,900, among the three lowest of any BC city we track. Across its 38 selling projects, though, the median Langley project starts at $814,900 — above the provincial median of $698,000.
A median describes the middle project, not the typical home. One cheap project does not make a city affordable, and a high median does not mean nothing cheap is available.
Townhouses are nearly as common as condos
163 of the selling projects include townhouses, against 174 that include condos. A project offering both counts once in each.
This counts projects, not homes — we do not break unit counts out by home type.
Presale starting prices by city
Every BC city where we track at least one actively-selling project, biggest market first. “Lowest” is the cheapest home advertised anywhere in that city; “median” is the middle project’s starting price.
| City | Projects | Lowest start | Median start | Entry $/sq ft | Homes |
|---|---|---|---|---|---|
| Surrey | 49 | $299,900 | $529,900 | $746 | 10,230 |
| Vancouver | 45 | $487,900 | $928,000 | $1,271 | 5,229 |
| Coquitlam | 44 | $379,900 | $584,450 | $966 | 8,278 |
| Langley | 38 | $299,900 | $814,900 | $638 | 3,870 |
| Burnaby | 25 | $372,508 | $649,000 | $1,135 | 15,364 |
| Abbotsford | 21 | $279,900 | $624,900 | $614 | 2,059 |
| North Vancouver | 18 | $499,900 | $858,950 | $1,198 | 1,376 |
| Maple Ridge | 11 | $366,600 | $719,900 | $577 | 1,032 |
| Delta | 9 | $439,900 | $809,900 | $720 | 1,803 |
| Richmond | 9 | $459,900 | $669,903 | $1,102 | 1,022 |
| Port Coquitlam | 6 | $389,900 | $507,450 | $929 | 305 |
| Chilliwack | 5 | $399,900 | $459,900 | $540 | 515 |
| Mission | 5 | $449,900 | $511,920 | $492 | 421 |
| New Westminster | 5 | $419,900 | $595,900 | $812 | 1,349 |
| Port Moody | 4 | $399,900 | $617,450 | $1,063 | 627 |
| West Vancouver | 2 | $989,900 | $1,184,950 | $1,559 | 438 |
| White Rock | 2 | $639,900 | $814,450 | $1,109 | 387 |
| Pitt Meadows | 1 | $939,900 | $939,900 | $696 | 220 |
A median over a small number of projects moves easily — read the projects column alongside it.
Entry price per square foot, ranked
What it costs to get into the cheapest home in each city, per square foot — the clearest single view of the province’s price spread.
What changed this month
This is the first edition of the report, so there is nothing to compare it against yet. From next month on, this section lists every project that came to market, sold out, or changed its published starting price since the previous report.
When these homes finish
Announced completion dates across every selling and coming-soon project we track. Developer estimates, not guarantees — presale timelines slip routinely, which pushes homes later rather than earlier.
What’s being built
Home types across selling projects. A project offering both condos and townhomes counts once in each.
How these numbers are made
What’s counted. Every development in our database marked now selling, not archived, with a published starting price of $100,000 or more. Sold-out projects and unreleased “coming soon” projects are excluded from all price figures. The completion pipeline above is the one exception — it includes coming-soon projects, because their timelines are already announced.
“Starting price” means asking price. It is the lowest price the developer publishes for that project — the cheapest home available, before options, GST or negotiation. It is not a sale price. We do not have access to what units actually close at, and we never estimate it.
Entry price per square foot is a project’s lowest published price divided by its smallest published floorplan; the figure shown is the median of that across projects. It describes what the entry-level home in each building costs per foot — not an average across all unit sizes, and not a market-wide price per foot.
Medians, not averages. The median is the middle project, so a single luxury tower can’t drag the number. Where a city has only a handful of projects, its median is thin by definition — the projects column is printed next to it for that reason.
Frozen on publication. Figures are captured on the date shown and are never revised afterwards. Corrections and movement appear in the following month’s report, not by editing this one.
Coverage.BC’s Lower Mainland and Fraser Valley. This is not a census of the province — it is every project we have been able to verify, tracked continuously and updated as developers publish changes.
Who compiles it. Newbuild, a BC presale database maintained by a licensed REALTOR® and a small data team. Who we are, where the data comes from and what it doesn’t cover.
Using this report
Journalists, analysts and researchers are welcome to quote these figures. Please credit Newbuild and link back to this page.
Newbuild, BC Presale Price Report, August 2026. viewnewbuild.com/presale-price-report/2026-08
The report is compiled by Jerry (Chih Chi) Huang, a licensed British Columbia realtor and co-owner of Newbuild, from the project database behind viewnewbuild.com.
Past reports
Prices are developer-published starting prices, change frequently, and are shown for research only — verify current pricing with each developer and their disclosure statement. This is not an offering for sale. Any such offering can only be made with a disclosure statement filed under the Real Estate Development Marketing Act (REDMA). E.&O.E.