Metro Vancouver Market Update – February 2026 🏡
Overall, the sales-to-active listings ratio is 12.6%, with detached homes at 9%, attached at 16.6%, and apartments at 14.1%.
Historically, when this ratio drops below 12% for a while, prices can come under downward pressure. When it’s over 20% for months, prices often rise.
💡 What this means: Fewer sellers are coming to market compared to last year. With demand picking up this spring, we might see inventory hold steady, which could keep prices around current levels.
Detached homes: 427 sold in February (down 10.5% from last year). Benchmark price: $1,835,900 (down 8.8% YoY).
Apartments: 824 sold (down 15.6% YoY). Benchmark price: $708,200 (down 6.8% YoY).
Attached homes/townhouses: 387 sold (up 7.8% YoY). Benchmark price: $1,046,100 (down 5.6% YoY).
The spring market will be the test to see if we continue along this “new normal” or if surprises are in store.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
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