Greater Vancouver REALTORS (HPI) Market Report: February 2026 Shows Balanced Conditions with Price Decline

Greater Vancouver REALTORS (HPI) — February 2026

In February 2026, the composite benchmark price for Greater Vancouver stands at $735,000, reflecting a year-over-year decrease of 2.5%. The market remains balanced, indicating a stable environment for both buyers and sellers.

Market Analysis

The Greater Vancouver real estate market demonstrates balanced conditions this month, with a composite benchmark price of $735,000. This represents a decline from $753,900 in February 2025 and an increase from January 2026's benchmark of $723,400. The current price trend suggests a softening market, yet the absence of total sales and active listings data limits a comprehensive analysis of supply and demand dynamics for this period.

Property Type Analysis

Examining property types, the attached/townhouse segment has a benchmark price of $1,009,700, while apartments are priced at $630,300. The disparity in pricing between these types indicates varying levels of demand and supply, with townhouses typically commanding higher prices due to their larger size and family-oriented features. However, specific sales data is not available to further assess the performance of these segments this month.

Regional Highlights

While specific regional trends are not detailed in this report, the overall balanced market condition suggests that various neighborhoods may be experiencing different levels of activity. Buyers and sellers should consider localized factors that could influence property values and market dynamics in their specific areas.

For Buyers

Potential buyers are encouraged to remain informed about market trends and consider the current benchmark prices as opportunities to negotiate. With a balanced market, there may be room for buyers to explore options without the pressure of a rapidly escalating market.

For Sellers

Sellers should be mindful of the slight decline in benchmark prices year-over-year and price their properties competitively. Engaging with a knowledgeable REALTOR can provide insights into the current market conditions and help in setting realistic expectations for sales.