What happened in February 2022 in the Greater Vancouver Housing Market?

Sales are down 8.1% from February 2021

New listings down 8.4% compared to February 2021

Total listings on the market down 19.3% compared to February 2021

Sales 26.0% above the 10 year average for February

Detached Market

• Benchmark price up 25% from Feb 2021
• 34.9% sales to active ratio

Townhome Market

• Benchmark price up 27.2% from Feb 2021
• 64.3% sales to active ratio

Condo Market

• Benchmark price up 15.9% from Feb 2021
• 62.2% sales to active ratio