Greater Vancouver REALTORS (HPI) Report: February 2026 Market Shows Price Decline of 6.5% Year-Over-Year

Greater Vancouver REALTORS (HPI) — February 2026

In February 2026, the composite benchmark price for properties in Greater Vancouver is $884,100, reflecting a 6.5% decrease compared to February 2025. The market is currently balanced, indicating a stable environment for both buyers and sellers.

Market Analysis

The Greater Vancouver real estate market is experiencing a balanced condition as of February 2026, with the composite benchmark price rising from $847,200 in January 2026 to $884,100. This upward movement in price, despite the year-over-year decline, suggests a stabilization trend following a period of volatility. The absence of total sales and active listings data limits a comprehensive analysis of supply and demand dynamics, but the consistent benchmark price indicates that buyer interest remains steady even amidst declining prices year-over-year.

Property Type Analysis

For February 2026, the benchmark price for attached/townhouse properties stands at $884,100. Unfortunately, data for detached and apartment properties is not available this month, making it challenging to draw comparisons across different property types. However, the consistent benchmark price for attached/townhouses suggests that this segment may be experiencing more resilience compared to others in the market.

Regional Highlights

While specific regional trends are not detailed in this report, the overall balanced market condition across Greater Vancouver suggests that various neighborhoods may be responding differently to current economic factors. Buyers and sellers should remain aware of localized trends that could influence pricing and availability in their specific areas.

For Buyers

Potential buyers are encouraged to remain vigilant in their search, as the current balanced market may offer opportunities for negotiation. With a benchmark price of $884,100, buyers should assess their budget and be prepared to act when suitable properties become available.

For Sellers

Sellers should consider the current market conditions and the year-over-year price decline when pricing their properties. Setting a competitive price will be crucial in attracting buyers in a balanced market, where demand may be tempered by economic uncertainties.