Greater Vancouver REALTORS® Reports 2,032 Sales in March 2026, Composite Benchmark Price $1,104,300

Greater Vancouver REALTORS — March 2026

Greater Vancouver REALTORS® reported 2,032 residential sales in March 2026, marking a 2.8 per cent decrease from the 2,091 sales recorded in March 2025. The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is $1,104,300, representing a 6.8 per cent decrease over March 2025.

Market Analysis

Residential sales in the Greater Vancouver region totaled 2,032 in March 2026. This figure represents a 2.8 per cent decrease from the 2,091 sales recorded in March 2025. In the prior month, February 2026, total sales were 1,648. There were 5,792 detached, attached, and apartment properties newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in March 2026, which is a 10.3 per cent decrease compared to the 6,455 properties listed in March 2025. The total number of properties currently listed for sale on the MLS® system in Metro Vancouver is 14,774, a 1.6 per cent increase compared to March 2025 (14,546). In February 2026, active listings were 13,545.

The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is $1,104,300. This represents a 6.8 per cent decrease over March 2025 and a 0.4 per cent increase compared to February 2026, when the composite benchmark was $1,100,300. Andrew Lis, GVR chief economist and vice-president data analytics, stated, “Year-to-date, sales are tracking our forecast for the year closely, and the weakness in demand we continue to observe at the aggregate level is unsurprising. What’s interesting is that the aggregate total masks an emerging divergence among market segments. While the multifamily segment continues to see slower sales, the detached segment may be awakening with sales up, and new listings down from last year.” Lis also noted, “We continue to see fewer sellers stepping into the market than last year, which is keeping inventory levels relatively flat. Pairing this dynamic with sales remaining below long-term averages, we’re not seeing prices move significantly in either direction.”

Property Type Analysis

For detached homes, the benchmark price is $1,854,800, and sales reached 571 in March 2026. This represents an 8.2 per cent decrease from March 2025 and a 1 per cent increase compared to February 2026. Attached/townhouse properties recorded a benchmark price of $1,047,100, with 446 sales. Apartment properties had a benchmark price of $706,700, with sales reaching 999 in March 2026.