Greater Vancouver REALTORS (HPI) March 2026 Report: Benchmark Price Holds Steady Month-Over-Month, Down 5.1% Year-Over-Year

Greater Vancouver REALTORS (HPI) — March 2026

The Greater Vancouver REALTORS (HPI) reports the Composite Benchmark Price for March 2026 at $1,159,000, reflecting a 5.1% decrease compared to March 2025. The market is currently characterized as balanced.

Market Analysis

The Composite Benchmark Price for all residential properties in Greater Vancouver stands at $1,159,000 in March 2026. This figure represents a minimal change from February 2026's Composite Benchmark of $1,159,300, indicating a period of month-over-month price stability.

However, when comparing to the prior year, the March 2026 Composite Benchmark Price of $1,159,000 is down 5.1% from March 2025's $1,220,700. This year-over-year adjustment, coupled with the current price stability, contributes to the market being categorized as balanced by Greater Vancouver REALTORS (HPI).

Property Type Analysis

A closer look at property types reveals distinct benchmark prices. The benchmark price for a detached home in March 2026 is $1,378,100. For apartment properties, the benchmark price is $615,000, illustrating a significant price differential between these housing segments. Benchmark data for attached/townhouse properties is not available for this period.

Regional Highlights

While the Greater Vancouver REALTORS (HPI) report provides an overall market snapshot, specific regional trends and micro-market conditions can vary significantly. Prospective participants are advised to consult with local real estate professionals for detailed insights into specific neighbourhoods.

For Buyers

In a balanced market with stable month-over-month prices and a year-over-year adjustment, buyers may find opportunities to make considered decisions. It is crucial for prospective buyers to conduct thorough due diligence, understand their financial capacity, and work closely with a REALTOR® to navigate specific property types and locations.

For Sellers

Sellers in the current balanced market are advised to price their properties competitively, aligning with recent benchmark trends. Preparing properties for sale and collaborating with a REALTOR® to develop an effective marketing strategy are key steps to attract serious buyers and achieve successful outcomes.