VANCOUVER WEST 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.
Vancouver west townhouse prices are down 5.2 percent from March to March. Attached unit sales rise 15.7 percent year to year. This March versus last March townhome inventory is at par.
From February to March Vancouver west attached properties are up 43.9 percent. West side attached inventory rises 48 percent month to month.