Greater Vancouver REALTORS (HPI) Market Report - February 2026

Greater Vancouver REALTORS (HPI) — February 2026

In February 2026, the composite benchmark price for Greater Vancouver real estate stands at $894,100, reflecting a year-over-year increase of 0.3%. The market is currently balanced, indicating stable conditions for both buyers and sellers.

Market Analysis

The Greater Vancouver real estate market exhibits balanced conditions in February 2026, with a composite benchmark price of $894,100. This marks a slight increase from the previous month’s benchmark of $906,500, suggesting a minor adjustment in pricing. Year-over-year, the benchmark price has risen from $891,700 in February 2025, highlighting a steady appreciation in property values despite a lack of sales data for this period. The absence of new and active listings further underscores the current market dynamics, as supply constraints may influence future price trends.

Property Type Analysis

In the breakdown of property types, the benchmark price for detached homes is $1,549,300, while attached/townhouses are priced at $815,600, and apartments at $520,000. The consistent pricing across these categories indicates a stable demand for various property types, although specific sales figures are not available for comparison. The relative affordability of apartments compared to detached homes may continue to attract first-time buyers and investors in the current market.

Regional Highlights

Regional trends indicate that the Greater Vancouver area remains a sought-after location, with a balanced market providing opportunities for both buyers and sellers. The slight increase in benchmark prices year-over-year suggests that despite economic fluctuations, the demand for housing in the region remains resilient. Local factors such as employment rates, interest rates, and demographic shifts will continue to play a significant role in shaping the market landscape moving forward.

For Buyers

Potential buyers are encouraged to remain vigilant and informed about market conditions, particularly as inventory levels fluctuate. Engaging with a knowledgeable REALTOR can provide insights into available properties and help navigate the balanced market effectively.

For Sellers

Sellers should consider the current market balance as an opportunity to list their properties, especially if they are priced competitively. With a slight increase in benchmark prices, presenting homes in optimal condition can attract serious buyers and potentially lead to favorable sales outcomes.