03/03/2026
Well below the 10 year average but it feels like Spring is coming!!🏡
VIREB recorded 465 unit sales (all property types) in February as activity edged up heading into spring. Year-to-date sales remain below the 10-year average, but buyers were active across property types last month.
Single-family home sales rebounded in February following stronger condominium apartment and townhouse activity in January. Active listings increased year over year, providing more choice for buyers as the seasonal market begins to build.
Active listings of single-family homes totalled 988 in February, with 327 condo apartments and 302 row/townhouses also available.
Benchmark prices in February were as follows.
• Single-family - $772,300 (up one per cent y-o-y)
• Apartment - $396,400 (down two per cent y-o-y)
• Townhouse - $537,800 (down one per cent y-o-y)
Our February 2026 Statistics Package is available at https://bit.ly/4boBgLN. For local market information, please contact a REALTOR® in your area. 🏡
