February opens with a continuation of the slower pace seen throughout 2025. While January sales across Metro Vancouver came in below last year and under long-term seasonal averages, inventory remains elevated, giving the market time to rebalance. This environment highlights a shift toward a more measured approach—where thoughtful pricing, strong property condition, and clear strategy matter more than speed, and both buyers and sellers are making decisions with greater care amid broader economic and political uncertainty.

🏠 Detached Homes (January 2026):
Detached home sales in January 2026 totalled 300, representing a 21.1% decline compared to January 2025. The benchmark price is $1,850,800, down 7.3% year-over-year (January 2025) and 1.5% compared to December 2025. Elevated inventory levels continue to weigh on this segment, giving buyers more selection and leverage, while sellers face increased pressure to price and position their homes competitively.

🏢 Apartments / Condos (January 2026):
Apartment sales reached 554 in January 2026, a 34.5% decrease compared to January 2025. The benchmark price sits at $704,600, down 5.9% year-over-year and 0.8% month-over-month compared to December 2025. Although condos remain the most active segment, high supply is limiting price stability, with buyers gravitating toward well-priced, well-maintained units.

🏘 Townhomes / Attached Homes (January 2026):
Townhome sales totalled 246 in January 2026, reflecting a 23.4% decline compared to January 2025. The benchmark price is $1,043,400, down 5.4% year-over-year and 1.2% compared to December 2025. Affordability pressures and elevated inventory have shifted negotiating power toward buyers, requiring sellers to adopt strategic pricing and strong presentation to remain competitive.

Overall Summary:
With inventory remaining elevated, buyers continue to benefit from greater choice and negotiating room, while sellers who price strategically and present their homes well remain best positioned for success.

ABOUT ANNA LITVAK JOSEPH

Anna is a licensed REALTOR® based in Greater Vancouver and providing trading real estate services across Metro Vancouver, Greater Vancouver, Fraser Valley & Kelowna. Anna has an impressive track record and a wealth of experience in all the aspects of the real estate industry. As a full-time REALTOR®, Anna is dedicated to providing her clients with top-notch service, expert advice, and outstanding results in their real estate transactions. Anna emphasizes the importance of building valuable relationships and ensuring client satisfaction from the initial thoughts of making a move and through the home ownership journey. Her customer-centric approach is fundamental to her business philosophy.

With over 15 years of sales experience & entrepreneurship, Anna brings a high level of professionalism, customer service, and integrity to her real estate career. Anna’s outstanding performance in real estate is underscored by her impressive achievements. She qualified as a  Medallion Club Member in 2018, 2019, 2020, 2021, 2022, 2023 and 2024 placing her among the top 10% of real estate agents in Greater Vancouver. Anna has worked hard to gain numerous 5 star testimonials, and is being featured in several publications year over year, including Vancouver Excellence in Real Estate, Top agent Magazines, and more. Anna is also highly ranked in multiple cities across RATE-MY-AGENT.

Anna’s professionalism, expertise and knowledge is the reason why the majority of her business today consists of referral or repeat customers.  

About the team: The Anna Litvak Joseph Team at BC Prime Realty is a full-service real estate team that has grown over the years to a trusted brand that provides service to thousands of happy buyers and sellers.

Their dedication has been acknowledged with the prestigious Medallion Club award in 2020, 2021, 2022, 2023 and 2024, highlighting their excellence as one of the top 10% teams among real estate groups in Greater Vancouver.

The Anna Litvak Joseph Team values diversity and relationship, therefore they follow client- centric approach, making it stress-free journey throughout their real estate experience.

The Anna Litvak Joseph Team is truly passionate about their mission of deliver excellence in Real Estate by building long term relationships. Their professionalism, expertise and knowledge is the reason why the majority of their business consists of referral or repeat customers. 

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