In February 2026, the Greater Vancouver real estate market recorded a total of 201 sales, a notable increase from 156 sales in January. New listings rose to 562, contributing to a sales-to-new-listings ratio (SNLR) of 35.8%, indicating a buyer's market.
Greater Vancouver REALTORS Market Report: February 2026 Shows Increased Buyer Activity
Greater Vancouver REALTORS (HPI) — February 2026
In February 2026, the Greater Vancouver real estate market recorded a total of 201 sales, a notable increase from 156 sales in January. New listings rose to 562, contributing to a sales-to-new-listings ratio (SNLR) of 35.8%, indicating a buyer's market.
Market Analysis
The Greater Vancouver real estate market is currently experiencing heightened buyer activity, as evidenced by the increase in total sales from January to February. The sales-to-new-listings ratio of 35.8% suggests that while new listings are entering the market, demand is outpacing supply, creating favorable conditions for buyers. This dynamic indicates that buyers are actively seeking properties, although the overall inventory levels remain unclear due to missing data on active listings and months of inventory.
Property Type Analysis
While specific benchmark prices and sales figures for detached, attached/townhouse, and apartment properties are not available, the overall market trend indicates that buyers are likely exploring various property types. The increase in new listings suggests that sellers are responding to the current market conditions, which may lead to a more diverse selection for buyers across different property categories.
Regional Highlights
Regional trends in Greater Vancouver show a consistent influx of new listings, which may help to stabilize the market as more options become available for buyers. The current buyer's market could encourage potential homeowners to take advantage of the increased inventory and explore different neighborhoods and property types.
For Buyers
Prospective buyers are encouraged to act decisively in the current market, as the combination of increased sales and new listings presents a unique opportunity. It is advisable for buyers to conduct thorough research on available properties and be prepared to make competitive offers, as demand remains strong.
For Sellers
Sellers should consider the current buyer activity when pricing their homes. With new listings on the rise, it is essential to present properties competitively to attract potential buyers. Engaging with a knowledgeable REALTOR can help sellers navigate pricing strategies and marketing efforts effectively.
Cite this report
SearchListingsOnline. "Greater Vancouver REALTORS Market Report: February 2026 Shows Increased Buyer Activity." August 18, 2026. https://www.vancouverforsale.ca/press/gvr-burnaby-market-report-february-2026
Embed this report
<iframe src="https://www.vancouverforsale.ca/press/embed/gvr-burnaby-market-report-february-2026" width="100%" height="600" frameborder="0"></iframe>