VANCOUVER WEST FEBRUARY HOUSE 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 2.8 percent lift from January to February for the average price of Metro Vancouver detached properties. The benchmark price for houses in February 2026 is 8.8 percent below the previous February. Year to year the volume of detached home sales goes down 10.5 percent.
Last month versus February 2025, Vancouver west detached prices decline 13.7 percent. West side house sales rise 52.8 percent year to year. Inventory is down 1.2 percent this February compared to the previous February.
From January to February west side house sales jump up 89.7 percent. Month to month detached inventory falls 7.9 percent.