INFOGRAPHICS: February 2026 VIREB Vancouver Island Market Reports

FEBRUARY SALES REBOUND AS SPRING APPROACHES

The Vancouver Island Real Estate Board (VIREB) recorded 465 unit sales (all property types) in February 2026, down three per cent from one year ago. Year-over-year active listings (all property types) were 3,360, up four per cent from the previous year.

In the single-family category (excluding acreage and waterfront), 228 homes sold in February 2026, down three per cent from one year ago and up 78 per cent from January 2026. Sales of condo apartments last month came in at 47, decreasing by 19 per cent year over year and 11 per cent from January. In the row/townhouse category, 55 units changed hands in February, down eight per cent from one year ago and the same number as in January.

Active listings of single-family homes were 988 in February, up from 975 one year ago. VIREB’s inventory of condo apartments was 327 last month, down from the 376 properties listed in February 2025. There were 302 row/townhouses for sale last month compared to 245 the previous year.

“February saw single-family home sales rebound after a January led by strong condo apartment and row/townhouse activity,” said Jason Yochim, Chief Executive Officer. “While it’s too early to call this a trend, it suggests buyers are active across property types as we head into spring.”

Read the full report on VIREB website!

The following data is a comparison between February 2026 and February 2025 numbers, and is current as of March 2026. Click here to check out last month’s infographics.

You can also view all our VIREB infographics by clicking here.

Download Printable Version – February 2026 VIREB Market Report

Last Updated on March 5, 2026 by myRealPage