Greater Vancouver REALTORS (HPI) Market Report - February 2026

Greater Vancouver REALTORS (HPI) — February 2026

In February 2026, the composite benchmark price for properties in Greater Vancouver is $1,129,500, reflecting a 17.0% increase from $965,400 in February 2025. The market currently exhibits balanced conditions, indicating a stable environment for both buyers and sellers.

Market Analysis

The Greater Vancouver real estate market continues to show resilience, with a composite benchmark price of $1,129,500 in February 2026. This marks a notable increase of 17.0% year-over-year, highlighting a strong demand for housing amidst limited supply. Although specific sales and listing figures are not available for this period, the balanced market condition suggests that the number of buyers and sellers are relatively equal, preventing significant fluctuations in pricing.

Property Type Analysis

In February 2026, the benchmark prices for different property types are as follows: detached homes at $1,608,600, attached/townhouses at $967,300, and apartments at $454,300. The substantial difference in benchmark prices indicates varying demand levels across property types, with detached homes maintaining the highest value, reflecting their continued desirability in the market.

Regional Highlights

Regional trends indicate that the demand for housing remains robust across Greater Vancouver, contributing to the overall price increases observed. While specific data on sales and inventory levels are not available, the consistent year-over-year price growth suggests that buyers are actively seeking homes, which could lead to competitive bidding scenarios in desirable neighborhoods.

For Buyers

Potential buyers are encouraged to remain vigilant and prepared, as the balanced market condition may lead to competitive offers on desirable properties. It is advisable to have pre-approval for financing and to work closely with a REALTOR to navigate the current landscape effectively.

For Sellers

Sellers in the Greater Vancouver area should consider the current market dynamics when pricing their homes. With a significant year-over-year price increase, setting a competitive price can attract serious buyers, while also ensuring that the property is presented in its best light to maximize interest.