Single Family $1,370,900 ▼ 8.6% yr/yr	Townhome $770,700 ▼ 7.1% yr/yr
Apartment $488,300 ▼ 8.9% yr/yr	Composite Benchmark $895,100 ▼ 0.2% vs Jan

843 MLS® sales in Feb 2026  |  +36% vs Jan  |  38% below 10-yr avg  |  Source: FVREB, March 2026

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Greater Vancouver Market Statistics

Current as of March 2026 • Prime Rate: 4.45%

Metro Vancouver sales continued to run well below historical norms in February, with 1,648 transactions — nearly 29% under the 10-year seasonal average. Benchmark prices are down across all property types year-over-year, with detached homes seeing the steepest decline at 8.8%. The one silver lining: townhouse and apartment prices were essentially flat month-over-month, hinting those segments may be finding a floor. With inventory sitting 37% above the 10-year average and detached homes firmly in buyer's market territory, buyers have real negotiating power right now — particularly in the single-family space.

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Mortgage Corner Scotia Mortgage Rates Current as of March 2026 • Prime Rate: 4.45%

Kirk Slaght Home Financing Advisor Scotiabank

For mortgage questions, I always point my clients to Kirk Slaght at Scotiabank — he knows his stuff and takes care of people. Whether you're a first-time buyer, moving up, refinancing, or renewing, reach out to Kirk directly and he'll find the right solution for your situation.

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Whether you're thinking about buying or selling, these guides walk you through everything you need to know about the process in today's market.

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Cory Hunsche, PREC* • Macdonald Realty Ltd. – South Surrey
100–2429 152 Street, Surrey, BC V4P 1N4
604.839.3373

This communication is not intended to cause or induce breach of an existing agency agreement.
Listing information is deemed reliable but not guaranteed. Not intended to solicit properties currently listed for sale.
*Personal Real Estate Corporation