Metro Vancouver’s housing market continued to move at a steady pace in March, tracking closely with expectations for the year. While overall sales were down slightly compared to March 2025, the market is showing some encouraging signs beneath the surface. In particular, the detached home segment appears to be gaining momentum, with sales rising year over year even as new listings declined. At the same time, fewer sellers are coming to market, which has helped keep inventory from climbing too sharply and has contributed to relatively stable pricing conditions overall.
Looking at the different property types, detached homes stood out as the strongest performer in March, with sales up 8.3 per cent year over year and benchmark prices also improving from the previous month. While apartment and attached home sales were softer, monthly pricing was largely stable, suggesting the market continues to find its footing. Overall, March reflected a market that is steady, balanced, and showing early signs of renewed strength in key segments as we move further into the spring season.
This balance between supply and demand is creating a market that feels more measured and less volatile than in past cycles. With active listings still well above the long-term average, buyers continue to benefit from solid selection and greater opportunity to be thoughtful in their decisions. Sellers, meanwhile, can take comfort in the fact that prices have remained fairly steady month over month, with the overall benchmark price edging up slightly from February.