Greater Vancouver REALTORS (HPI) March 2026 Market Report: Benchmark Price Holds Steady, Down 10.2% Year-Over-Year

Greater Vancouver REALTORS (HPI) — March 2026

The composite benchmark price for all residential properties in Greater Vancouver stands at $1,060,900 in March 2026, according to figures released by Greater Vancouver REALTORS (HPI). This represents a marginal increase from February 2026's $1,060,700, yet marks a 10.2% decrease compared to March 2025's $1,181,500, indicating a balanced market condition.

Market Analysis

The Greater Vancouver housing market in March 2026 maintains a balanced condition, as reported by Greater Vancouver REALTORS (HPI). The composite benchmark price of $1,060,900 shows a slight uptick from February 2026's $1,060,700, suggesting a period of stabilization after previous fluctuations.

Despite the month-over-month stability, the market continues to experience a significant year-over-year price adjustment. The current composite benchmark price is 10.2% lower than the $1,181,500 recorded in March 2025, reflecting a broader market recalibration over the past year.

Property Type Analysis

A breakdown by property type reveals varying benchmark prices across Greater Vancouver. Detached homes lead with a benchmark price of $1,342,200, followed by attached/townhouse properties at $781,900, and apartments at $588,200.

These figures, published by Greater Vancouver REALTORS (HPI), illustrate the distinct pricing tiers within the market, with detached homes commanding the highest values, while apartment properties offer a more accessible entry point.

Regional Highlights

While specific regional data points are not available for this report, the overall Greater Vancouver market reflects the trends observed in the composite benchmark price. The balanced market condition suggests a consistent environment across the region, influencing pricing dynamics for all property types.

For Buyers

In a balanced market with year-over-year price adjustments, buyers may find opportunities to negotiate. Consulting with a REALTOR® to understand specific property values and market nuances is crucial for making informed decisions.

For Sellers

Sellers operating in a balanced market should focus on competitive and realistic pricing strategies. Working closely with a REALTOR® to accurately assess property value and market positioning can help attract serious buyers.