Metro Vancouver's housing market is stabilizing with tempered growth in listings, according to the Greater Vancouver Realtors. In February, residential sales totaled 1,827, an 11.7% decline from the previous year and 28.9% below the 10-year average. New listings increased to 5,057, up 10.9% year-over-year. Active listings reached 12,744, a 32.3% rise from February 2024. The average house price is $1,169,100, reflecting a slight year-over-year decrease. Market conditions are expected to remain stable as spring approaches.