Are Vancouver Home Sales Beating Mid-Q1 Forecasts?

February saw 1,648 residential sales, ↓9.8% yearly and ↓28.7% vs 10-year seasonal avg.
Composite benchmark price was $1,100,300, ↓6.8% yearly and ↓0.1% from January.
New listings totaled 4,734, ↓6.4% yearly but ↑7.1% vs 10-year avg.
Inventory ↑6.3% yearly to 13,545, ↑37% above long-term avg; spring demand could stall inventory, supporting prices.
Sales slightly outpace the 2026 forecast year-to-date; spring market is the test for this “new norm.”