Greater Vancouver REALTORS® Reports February 2026 Sales Total 1,648, Composite Benchmark Price $1,100,300

Greater Vancouver REALTORS — February 2026

Greater Vancouver REALTORS® reported 1,648 residential sales in February 2026, a 9.8 per cent decrease from February 2025. The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver was $1,100,300, representing a 6.8 per cent decrease over February 2025.

Market Analysis

Greater Vancouver REALTORS® reported residential sales in the region totalled 1,648 in February 2026. This represents a 9.8 per cent decrease from the 1,827 sales recorded in February 2025 and an increase from the 1,107 total sales in January 2026. New listings for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver totalled 4,734 in February 2026, a 6.4 per cent decrease compared to the 5,057 properties listed in February 2025. The total number of properties currently listed for sale on the MLS® system in Metro Vancouver is 13,545, a 6.3 per cent increase compared to February 2025 (12,744) and an increase from the 12,628 active listings in January 2026.

The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is $1,100,300 in February 2026. This represents a 6.8 per cent decrease over February 2025 and a 0.1 per cent decrease compared to the $1,101,900 composite benchmark in January 2026. According to Andrew Lis, GVR chief economist and vice-president data analytics, "With each passing data point, the pace of sales running well-below long-term averages are no longer a surprise – it’s become the new norm. A surprising finding this February, however, is that home sellers appear less eager to list their homes relative to last year with new listings down about seven percent, mostly driven by fewer listings in the apartment segment." The sales-to-active listings ratio for February 2026 across all detached, attached and apartment property types is 12.6 per cent.

Property Type Analysis

Sales of detached homes in February 2026 reached 427, a 10.5 per cent decrease from the 477 detached sales recorded in February 2025. The benchmark price for a detached home is $1,835,900. Sales of apartment homes reached 824 in February 2026, a 15.6 per cent decrease compared to the 976 sales in February 2025. The benchmark price for an apartment is $708,200. For attached/townhouse properties, sales totalled 387, and the benchmark price is $1,046,100. By property type, the sales-to-active listings ratio is nine per cent for detached homes, 16.6 per cent for attached, and 14.1 per cent for apartments.