The Insider Recap | February 2026
If you missed my posts earlier this month (and you don’t have to miss them - sign up below), here is the "chit-chat" version of what’s happening on the ground right now:
The Rental Cool-Down: For the first time in years, we’re seeing "choice" return for tenants. Average unfurnished 1-bedrooms in Metro Vancouver are down to $2,069, with some areas like Surrey seeing drops as high as 14%.
Inventory Surge: This is the big story. Listings in Vancouver are 38% above the 10-year average. In the Fraser Valley, they are a staggering 54% above seasonal norms.
Mortgage Holds: The Bank of Canada held the overnight rate at 2.25% on January 28th. All eyes are now on the next announcement coming March 18th.
The Big Takeaway: We are firmly in a Buyer’s Market. Prices are down between 5% and 8.5% year-over-year. If you've been waiting for the leverage to shift back in your favor, it's officially here.
Not another Newsletter…
How about a monthly update that has hyper-local neighborhood reports (seriously, hold your neighbours accountable), up-to-date mortgage and rental rates, and key market stats, featured properties, exclusive discounts, upcoming events, and valuable resources for buyers and sellers - that you can digest in 30 seconds or less?
How about $1000?
So you’re not in the market today - all good - know someone who is?
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