VANCOUVER WEST MARCH HOUSE 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 6.5 percent drop from February to March for the average price of Metro Vancouver detached properties. The benchmark price for houses in March 2026 is 8.2 percent below the previous March. Year to year the volume of detached home sales goes down 0.5 percent.
Last month versus March 2025, Vancouver west detached prices decline 13.8 percent. West side house sales rise 19.2 percent year to year. Inventory inches up 0.5 percent this March compared to the previous March.
From February to March west side house sales are up 12.7 percent. Month to month detached inventory rises 17.8 percent.