Market Update for January 2026
New year, familiar vibes
January 2026
Across all detached, attached and apartment property types, the sales-to-active listings ratio for January 2026 is 9.1 per cent. By property type, the ratio is 6.7 per cent for detached homes, 11.1 per cent for attached, and 10.3 per cent for apartments.
Analysis of the historical data suggests downward pressure on home prices occurs when the ratio dips below 12 per cent for a sustained period, while home prices often experience upward pressure when it surpasses 20 per cent over several months.
January 2026
Last year’s market trends continued in January as home sales registered on the MLS® in Metro Vancouver* were 28.5 per cent lower than last year, setting the year off to a quieter start.
The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 1,107 in January 2026, a 28.7 per cent decrease from the 1,552 sales recorded in January 2025. This was 30.9 per cent below the 10-year seasonal average (1,602).
January 2026
There were 5,157 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in January 2026. This represents a 7.3 per cent decrease compared to the 5,566 properties listed in January 2025. This was 19.4 per cent above the 10-year seasonal average (4,318).
The total number of properties currently listed for sale on the MLS® system in Metro Vancouver is 12,628, a 9.9 per cent increase compared to January 2025 (11,494). This is 38 per cent above the 10-year seasonal average (9,153).
Open House. Open House on Saturday, February 7, 2026 1:00PM - 4:00PM
Please visit our Open House at 702 615 Hamilton Street in New Westminster. See details here
Open House on Saturday, February 7, 2026 1:00PM - 4:00PM
Welcome to The Uptown at 615 Hamilton Street, New Westminster. This bright and spacious 2 bed + den, 2 bath home offers 1,275 square feet of thoughtfully designed living space. Enjoy a private, covered balcony with northeast exposure, perfect for year-round relaxation. The versatile, light-filled den is ideal for a home office. Features include oversized windows, engineered hardwood flooring, a cozy gas fireplace, and a kitchen with a central island. The building offers excellent amenities: gym, amenities/social room with a kitchen, patio and pool table. Includes 1 secure parking stall and storage locker. Pet-friendly (1 dog or cat, max 44 lbs). Walk to shopping, parks, schools, and transit. A perfect blend of comfort and convenience in Uptown New Westminster.
New property listed in Uptown NW, New Westminster
I have listed a new property at 702 615 Hamilton Street in New Westminster. See details here
Welcome to The Uptown at 615 Hamilton Street, New Westminster. This bright and spacious 2 bed + den, 2 bath home offers 1,275 square feet of thoughtfully designed living space. Enjoy a private, covered balcony with northeast exposure, perfect for year-round relaxation. The versatile, light-filled den is ideal for a home office. Features include oversized windows, engineered hardwood flooring, a cozy gas fireplace, and a kitchen with a central island. The building offers excellent amenities: gym, amenities/social room with a kitchen, patio and pool table. Includes 1 secure parking stall and storage locker. Pet-friendly (1 dog or cat, max 44 lbs). Walk to shopping, parks, schools, and transit. A perfect blend of comfort and convenience in Uptown New Westminster.
Open House. Open House on Saturday, January 31, 2026 2:00PM - 4:00PM
Please visit our Open House at 702 615 Hamilton Street in New Westminster. See details here
Open House on Saturday, January 31, 2026 2:00PM - 4:00PM
Welcome to The Uptown at 615 Hamilton Street, New Westminster. This bright and spacious 2 bed + den, 2 bath home offers 1,275 square feet of thoughtfully designed living space. Enjoy a private, covered balcony with northeast exposure, perfect for year-round relaxation. The versatile, light-filled den is ideal for a home office. Features include oversized windows, engineered hardwood flooring, a cozy gas fireplace, and a kitchen with a central island. The building offers excellent amenities: gym, amenities/social room with a kitchen, patio and pool table. Includes 1 secure parking stall and storage locker. Pet-friendly (1 dog or cat, max 44 lbs). Walk to shopping, parks, schools, and transit. A perfect blend of comfort and convenience in Uptown New Westminster.
Open House. Open House on Sunday, February 1, 2026 2:00PM - 4:00PM
Please visit our Open House at 702 615 Hamilton Street in New Westminster. See details here
Open House on Sunday, February 1, 2026 2:00PM - 4:00PM
Welcome to The Uptown at 615 Hamilton Street, New Westminster. This bright and spacious 2 bed + den, 2 bath home offers 1,275 square feet of thoughtfully designed living space. Enjoy a private, covered balcony with northeast exposure, perfect for year-round relaxation. The versatile, light-filled den is ideal for a home office. Features include oversized windows, engineered hardwood flooring, a cozy gas fireplace, and a kitchen with a central island. The building offers excellent amenities: gym, amenities/social room with a kitchen, patio and pool table. Includes 1 secure parking stall and storage locker. Pet-friendly (1 dog or cat, max 44 lbs). Walk to shopping, parks, schools, and transit. A perfect blend of comfort and convenience in Uptown New Westminster.
📊 Bank of Canada Holds Interest Rate at 2.25 %
The **Bank of Canada has announced today that it is keeping its key policy interest rate unchanged at 2.25 %. This is the first rate decision of 2026 and marks a continuation of the Bank’s cautious approach amid ongoing economic uncertainty.
Bank Governor Tiff Macklem emphasized that while inflation remains close to the Bank’s 2 % target and the economy has broadly evolved as expected, uncertainty, especially from global trade dynamics and geopolitical risks, remains elevated. The Bank signaled that it will continue to monitor economic developments closely and is prepared to adjust policy if needed.
For Canadians, holding the rate steady means borrowing costs for things like variable-rate mortgages and loans are staying where they are, offering stability as consumers and businesses plan for the year ahead.
✔️ Summary:
• Policy interest rate: 2.25 % (held steady)
• Why: High economic uncertainty and inflation near target
• What it means: No change in borrowing cost trends for now, focus remains on data and future risks.
Market Update for December 2025
Open House. Open House on Sunday, December 21, 2025 2:00PM - 4:00PM
Please visit our Open House at 702 615 Hamilton Street in New Westminster. See details here
Open House on Sunday, December 21, 2025 2:00PM - 4:00PM
Welcome to The Uptown at 615 Hamilton Street, New Westminster. This bright and spacious, freshly painted, 2 bed + den, 2 bath home offers 1,275 square feet of thoughtfully designed living space. Enjoy a private, covered balcony with northeast exposure, perfect for year-round relaxation. The versatile, light-filled den is ideal for a home office. Features include oversized windows, engineered hardwood flooring, a cozy gas fireplace, and a kitchen with a central island. The building offers excellent amenities: gym, amenities/social room with a pool table. Includes 1 secure parking stall and storage locker. Pet-friendly (1 dog or cat, max 44 lbs). Walk to shopping, parks, schools, and transit. A perfect blend of comfort and convenience in Uptown New Westminster.
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#6-228 Schoolhouse St.
Coquitlam, BC V3K 6V7
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.