Greater Vancouver REALTORS (HPI) Market Report for February 2026: Benchmark Price Rises to $1,413,500

Greater Vancouver REALTORS (HPI) — February 2026

In February 2026, the composite benchmark price for homes in Greater Vancouver reached $1,413,500, reflecting a year-over-year increase of 0.9%. The market remains balanced, indicating stable conditions for both buyers and sellers.

Market Analysis

The Greater Vancouver real estate market continues to exhibit balanced conditions as of February 2026. The composite benchmark price has increased from $1,410,300 in January 2026 to $1,413,500 this month, marking a modest year-over-year growth from $1,400,000 in February 2025. This stability suggests a consistent demand for housing despite fluctuations in other market metrics that are currently unavailable.

Property Type Analysis

When examining the property types, the detached homes have a benchmark price of $3,358,300, while attached/townhouses are priced at $1,742,000, and apartments at $624,300. The significant price differences among these categories indicate varying levels of demand and supply dynamics, with detached homes typically commanding the highest prices, reflecting their desirability in the current market.

Regional Highlights

While specific sales and listing data are not available for February 2026, the overall market conditions suggest a steady interest in Greater Vancouver's real estate. The balanced market is likely a result of ongoing economic stability in the region, which continues to attract both local and international buyers.

For Buyers

Potential buyers are encouraged to remain vigilant and informed about market trends, particularly in a balanced market where opportunities can arise. It is advisable to work closely with a REALTOR® to navigate the current landscape and identify suitable properties that meet their needs.

For Sellers

Sellers should take advantage of the current balanced market conditions by ensuring their properties are well-presented and competitively priced. Engaging with a knowledgeable REALTOR® can help in effectively marketing the property and attracting serious buyers.