Greater Vancouver REALTORS (HPI) March 2026 Report: Composite Benchmark Price at $1,343,300, Down 4.4% YoY

Greater Vancouver REALTORS (HPI) — March 2026

The composite benchmark price for all residential properties in Greater Vancouver stands at $1,343,300 in March 2026, according to Greater Vancouver REALTORS (HPI). This represents a 4.4% decrease compared to March 2025 and a slight dip from February 2026's benchmark of $1,361,700, indicating a balanced market.

Market Analysis

The Greater Vancouver housing market in March 2026 continues to experience a downward trend in benchmark prices. The composite benchmark price of $1,343,300 marks a decline from the $1,361,700 recorded in February 2026, reflecting ongoing adjustments in the market. This figure also represents a notable 4.4% reduction when compared to the $1,405,900 benchmark price from March 2025.

The market is currently characterized as balanced, suggesting that neither buyers nor sellers hold a significant advantage. This condition, coupled with the observed price depreciation, indicates a period where supply and demand are in relative equilibrium, leading to more measured price movements. The year-over-year price change underscores a shift from the market dynamics of the previous year.

Property Type Analysis

Within the Greater Vancouver market, the detached property segment records a benchmark price of $1,343,300 for March 2026. Data for other property types, including attached/townhouse and apartment benchmarks, are not available for this reporting period, limiting a comprehensive comparison across housing segments.

Regional Highlights

Specific regional trends and benchmark prices for individual areas within Greater Vancouver are not available for this reporting period. The analysis is based on the aggregate Greater Vancouver market data provided by Greater Vancouver REALTORS (HPI).

For Buyers

Buyers in the Greater Vancouver market are currently navigating a balanced environment with declining prices. It is advisable for prospective buyers to conduct thorough due diligence, understand their financial capacity, and work with a REALTOR® to identify opportunities that align with their long-term housing goals, potentially leveraging the current market conditions.

For Sellers

Sellers should recognize the current balanced market conditions and the recent price adjustments. Pricing strategies must be realistic and competitive, reflecting the present market value rather than past highs. Collaborating with a REALTOR® to accurately price properties and prepare them for sale is crucial to attract serious buyers in this environment.