Metro Vancouver's housing market in January 2026 saw a 30% drop in sales to 1,470 homes, while new listings surged to over 7,100, creating a supply-demand gap. Average days on market rose to 100, the highest recently, with sellers waiting longer for offers. Despite slower sales and more inventory, median prices dipped only 0.8% to $868,000, indicating a market pause rather than a sharp decline.
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