New normal for Metro Vancouver’s housing market continues

Metro Vancouver home sales in February 2026 declined 9.8% from the previous year, totaling 1,648 sales, 28.7% below the 10-year average. New listings dropped 6.4%, mainly in apartments, while active listings rose 6.3%, 37% above the 10-year average. The sales-to-active listings ratio was 12.6%, indicating potential price stability. The benchmark home price fell 6.8% to $1,100,300. Detached and apartment sales decreased, while attached home sales rose slightly.