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Blog by Don Kennedy

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VANCOUVER EAST MARCH TOWNHOME 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

 

From February to March the graph shows a 3.3 percent lift in prices for attached units in Metro Vancouver. Last month compared to March 2025, the benchmark townhouse price is down 5.7 percent. Year to year townhouse sales volume decreases 5.5 percent.

 

Last month compared to March 2025 Vancouver east townhouse prices are down 9.1 percent. Year to year attached unit sales go down 5.5 percent lower. From March to March inventory is uo 19.2 percent.

 

From February to March east side attached sales dip 1.4 percent. Month to month attached inventory is 37.4 percent higher.

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