VANCOUVER WEST FEBRUARY APARTMENT MARKET
Attached please find the latest statistics from Greater Vancouver Realtors.
The News Release outlines a less than robust start to the year, with sales last month continuing to be slower than average. Still, so far 2026 sales have outpaced the year-to-date forecast so it’s wait-and-see regarding where the spring market will go. Last month recorded a 9.8 percent decrease in residential sales compared to the previous February. Fewer Sellers are now coming to the market so year to year newly listed properties are down 6.4 percent. Last month’s total inventory is 6.3 percent higher than February 2025. The composite value of all properties is 6.8 percent lower February to February.
The graph shows a 2 percent increase from January to February for the average condominium sale price in Metro Vancouver. This February compared to last February, the overall benchmark price of an apartment decreases 6.8 percent. Year to year the volume of condo sales drop 15.6 percent.
February 2026 versus the previous February, the benchmark price for west side condos is 6.1 percent lower. Vancouver west apartment sales decline 14.8 percent February to February. Year to year west side apartment inventory is 24.1 percent lower.
From January to February, Vancouver west apartment sale are jumps 60.8 percent. Month to month west side condo inventory is 5 percent higher.