Real Estate Market Report | Vancouver | March 2026
Demand Weakness Deepens as Prices Face Pressure
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So what's happening in the Vancouver real estate market as of March 2026?
February data shows stable listing activity with sharply lower sales. New listings are 2 percent above the five year February average, while sales are down 24 percent. Inventory has increased 32 percent, pushing months of supply up 56 percent. The benchmark price is $1,100,300, down 0.37 percent month over month and 1.52 percent year over year. Market conditions continue to shift toward buyers as supply builds and pricing shows early signs of sustained pressure.
Vancouver's Detached Homes
Detached conditions reflect declining demand with moderate inventory growth. New listings are 1 percent below the five year February average, while sales are down 29 percent. Inventory has risen 28 percent, increasing months of supply by 57 percent. The benchmark price is $1,846,400, up 2.75 percent month over month but down 0.12 percent year over year. Monthly price gains contrast with flat annual performance, indicating limited upward momentum.
Vancouver's Condomimums
Condominium activity shows ongoing imbalance. New listings are in line with the five year February average, while sales have dropped 27 percent. Inventory has climbed 32 percent, pushing months of supply up 60 percent. The benchmark price is $708,200, rising 2.03 percent month over month but down 5.80 percent year over year. Persistent annual declines highlight continued pricing pressure despite short term stabilization.
Vancouver's Attached Homes
The attached segment presents a mixed profile. New listings are 44 percent above the five year January average, while sales are down 9 percent. Inventory has climbed 58 percent, and months of supply is up 60 percent. The benchmark price is $1,043,400, rising 6.02 percent month over month and 4.20 percent year over year. Strong monthly gains suggest renewed activity in this segment, though elevated supply levels warrant close monitoring into spring.
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