Here's the latest South Delta real estate stats

Market Updates| Real Estate News and Legislation
March 09, 2026•2 min read
Sales of detached homes in February 2026 saw a 10.5 per cent decrease from the detached sales recorded in February 2025 Metro Vancouver home sales registered on the MLS this February continued the recent trend of slower-than-average sales. That’s according to the latest monthly market report from Greater Vancouver Realtors (GVR), noting the market experienced a 10 per cent decline over the same period last year. GVR notes that the number of residential sales in the region in February 2026 was 28.7 per cent below the 10-year seasonal average. “With each passing data point, the pace of sales running well-below long-term averages are no longer a surprise – it’s become the new norm,” said Andrew Lis, GVR chief economist and vice-president data analytics, in a news release. “A surprising finding this February, however, is that home sellers appear less eager to list their homes relative to last year with new listings down about seven percent, mostly driven by fewer listings in the apartment segment.” Newly listed detached, attached and apartment properties for sale last month were 6.4 per cent lower compared to newly listed properties in February 2025. The total number of properties currently listed for sale is 6.3 per cent higher compared to February 2025, and 37 per cent above the 10-year seasonal average. According to GVR, the benchmark price last month for a single detached house in Ladner was $1,296,600, almost unchanged from the previous month, while down almost eight per cent compared to February 2025. The February 2026 benchmark price for a detached house in Tsawwassen was $1,501,400, down over three per cent the previous month, while down 8.3 per cent compared to February 2025. The benchmark price last month for a townhouse in Ladner and Tsawwassen was $989,700 and $943,400 respectively, both down from the same time last year. The February 2026 benchmark price for a condo in Ladner and Tsawwassen was $666,600 and $635,300 respectively, both also down from February 2025.

Sales of detached homes in February 2026 saw a 10.5 per cent decrease from the detached sales recorded in February 2025

Metro Vancouver home sales registered on the MLS this February continued the recent trend of slower-than-average sales.

That’s according to the latest monthly market report from Greater Vancouver Realtors (GVR), noting the market experienced a 10 per cent decline over the same period last year.

GVR notes that the number of residential sales in the region in February 2026 was 28.7 per cent below the 10-year seasonal average.

“With each passing data point, the pace of sales running well-below long-term averages are no longer a surprise – it’s become the new norm,” said Andrew Lis, GVR chief economist and vice-president data analytics, in a news release.

“A surprising finding this February, however, is that home sellers appear less eager to list their homes relative to last year with new listings down about seven percent, mostly driven by fewer listings in the apartment segment.”

Newly listed detached, attached and apartment properties for sale last month were 6.4 per cent lower compared to newly listed properties in February 2025.

The total number of properties currently listed for sale is 6.3 per cent higher compared to February 2025, and 37 per cent above the 10-year seasonal average.

According to GVR, the benchmark price last month for a single detached house in Ladner was $1,296,600, almost unchanged from the previous month, while down almost eight per cent compared to February 2025.

The February 2026 benchmark price for a detached house in Tsawwassen was $1,501,400, down over three per cent the previous month, while down 8.3 per cent compared to February 2025.

The benchmark price last month for a townhouse in Ladner and Tsawwassen was $989,700 and $943,400 respectively, both down from the same time last year.

The February 2026 benchmark price for a condo in Ladner and Tsawwassen was $666,600 and $635,300 respectively, both also down from February 2025.

If you're navigating this dynamic market, whether buying or selling, let's talk strategy. Our team can guide you through the most efficient processes, aiming to save you time, money, and hassle. Contact us today, and let's make your real estate journey successful!

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