Greater Vancouver REALTORS (HPI) March 2026 Market Report: Benchmark Price Dips to $1,092,100, Down 2.1% Year-Over-Year

Greater Vancouver REALTORS (HPI) — March 2026

The composite benchmark price for all residential properties in Greater Vancouver reached $1,092,100 in March 2026, according to figures published by Greater Vancouver REALTORS (HPI). This represents a 2.1% decrease compared to March 2025, with the market maintaining a balanced condition.

Market Analysis

The Greater Vancouver housing market concluded March 2026 in a balanced condition, as reported by Greater Vancouver REALTORS (HPI). The composite benchmark price for all residential properties stood at $1,092,100. This figure marks a 2.1% decline when compared to the $1,115,900 recorded in March 2025.

Comparing to the prior month, the composite benchmark price in March 2026 saw a decrease from February 2026's benchmark of $1,129,000. This month-over-month adjustment contributes to the overall market dynamics observed within the balanced environment.

Property Type Analysis

A breakdown by property type reveals distinct benchmark price points across Greater Vancouver in March 2026. The benchmark price for a detached home reached $1,953,100. Attached homes, including townhouses, recorded a benchmark price of $1,146,400, while the apartment segment saw a benchmark price of $519,300.

Regional Highlights

This report focuses on the Greater Vancouver region as a whole; specific regional breakdowns are not provided in the current data set.

For Buyers

In a balanced market with a slight year-over-year price decrease, buyers may find opportunities to negotiate. It is advisable for prospective buyers to work closely with a REALTOR® to understand specific property values, secure pre-approval for financing, and be prepared to act when suitable properties become available, particularly given the current price adjustments.

For Sellers

Sellers in a balanced market should focus on strategic pricing and property presentation to attract serious buyers. Given the year-over-year price adjustment, setting a competitive and realistic asking price is crucial. Collaborating with a REALTOR® can help sellers accurately assess market value and effectively position their property to achieve a successful sale.