VANCOUVER – Vancouver-area home sales and prices edged lower in March compared with last year.
There were 2,032 sales of residential properties in the region in March, down 2.8 per cent from the same month last year and 31.8 per cent lower than the 10-year seasonal average.
Greater Vancouver Realtors say the composite benchmark price for all types of residential properties in Vancouver was $1,104,300, representing a 6.8 per cent decrease from March 2025 but was 0.4 per cent higher than February 2026.
Andrew Lis, the board’s chief economist and vice-president of data analytics, says the weaker demand was unsurprising, but there are signs the detached segment of the market “may be awakening.”
During the month, there were 5,792 new listings on the market, down 10.3 per cent year-over-year but 4.9 per cent above the 10-year average.
Total inventory was up 1.6 per cent annually at 14,774, which was 38 per cent above the long-term average.
This report by The Canadian Press was first published April 2, 2026.
