Greater Vancouver REALTORS (HPI) Market Report - February 2026

Greater Vancouver REALTORS (HPI) — February 2026

In February 2026, the composite benchmark price in Greater Vancouver is $1,542,400, reflecting a year-over-year decrease of 3.4%. The market remains balanced as the region continues to navigate changing economic conditions.

Market Analysis

The Greater Vancouver real estate market is currently experiencing a balanced condition, characterized by stable demand and supply dynamics. The composite benchmark price has decreased from $1,571,900 in January 2026 to $1,542,400 this month, indicating a continued adjustment in pricing. This decline of 3.4% from February 2025's benchmark of $1,596,300 suggests that buyers are becoming more cautious, while sellers are adjusting their expectations accordingly.

Property Type Analysis

In February 2026, the benchmark price for detached homes stands at $2,099,300, while attached/townhouse properties are priced at $969,000. The absence of sales data for apartments indicates a need for further observation in this segment. The disparity in benchmark prices between detached and attached properties highlights the ongoing preference for more affordable housing options amidst a challenging economic landscape.

Regional Highlights

The Greater Vancouver region continues to see varied trends across its neighborhoods. While some areas may experience more significant price adjustments, the overall market remains balanced, providing opportunities for both buyers and sellers. The lack of sales data for specific property types suggests that market activity may be concentrated in certain segments, warranting closer analysis in the coming months.

For Buyers

Prospective buyers are encouraged to remain informed about market conditions and to consider their long-term goals. With a balanced market, buyers may find opportunities to negotiate better terms and prices, especially in the attached and townhouse segments.

For Sellers

Sellers should be mindful of the current market dynamics and price their properties competitively. Given the slight decline in benchmark prices, it is advisable to work closely with a REALTOR to assess market conditions and set realistic expectations for sales.