Metro Vancouver Gas Prices Jumped Ahead of May Long Weekend
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According to analysts at GasBuddy.com, the average price for a litre of regular gas in the Vancouver area has risen to $2.17 as of May 14, 2026. This increase of 5 cents per litre over the past week is part of a broader trend of fluctuating gas prices in the region.
The current average price is 46.7 cents higher than the same day last year, when prices were significantly lower. Nationally, the average gas price is $1.87, reflecting a smaller increase of 2.9 cents compared to the previous week. Over the past five years, gas prices in Metro Vancouver have seen considerable volatility, peaking at $2.30 in 2022.
Question
How will the recent spike in gas prices affect the local real estate market and commuting costs for residents?
Editor's Comment
As a seasoned real estate agent in Greater Vancouver, I see the impact of rising gas prices on buyer sentiment. Properties that offer convenience and lower commuting costs will likely see increased interest, while those farther from urban centers may struggle. It's crucial for both buyers and sellers to stay informed about these trends as they navigate the market.