VANCOUVER EAST MARCH APARTMENT MARKET
Attached please find the latest statistics from Greater Vancouver Realtors.
The News Release tells us that the Real Estate market for the first part of the year continues to fall in line with what the GVR forecast. Tariff turmoil that has morphed into Middle East turmoil has thankfully not exacerbated the lethargy beyond predicted levels. Both Buyers and Sellers do remain shy leading to flat inventory and level prices but it is noted that detached housing is faring better than others segments. Last month saw a 2.8 percent decrease in residential sales compared to the previous March. Year to year newly listed properties are down 10.3 percent. Total inventory this March is 1.6 percent higher than last March. The composite value of all properties is 6.8 percent lower March to March
The graph shows a 0.2 percent increase from February to March for the average condominium sale price in Metro Vancouver. This March compared to last March, the overall benchmark price of an apartment decreases 7.8 percent. Year to year the volume of condo sales drop 15.6 percent.
Vancouver east apartment prices are down 4.8 percent last month compared to March 2025. March to March east side apartment sales fall 14.3 percent. Year to year east side condo inventory declines 19 percent.
From February to March, east side apartment sales decline 10.9 percent. Month to month inventory is up 16.7 percent.