Market Report · Vancouver · April 2026
Vancouver Real Estate Market April 2026
Price declines accelerate as demand weakens across all segments. March data shows what is shifting as the spring market opens.
What is happening in the Vancouver market right now?
Vancouver’s March 2026 data shows new listings running 3% above the five year average while sales have dropped 26%, pushing inventory up 31% and months of supply up 55%. The benchmark price is $1,104,300, down 0.42% month over month and 3.09% year over year. Price declines are now present across all three segments, with detached and condominium showing the sharpest annual corrections.
01 Overall Market
Price declines accelerate as demand weakens across all segments.
March data shows stable listing activity with continued demand weakness. New listings are 3% above the five year March average, while sales are down 26%. Inventory has increased 31%, pushing months of supply up 55%.
The benchmark price is $1,104,300, down 0.42% month over month and 3.09% year over year. Market conditions continue shifting toward buyers as supply builds and pricing shows sustained downward pressure.
$1,104,300
Benchmark price
-3.09%
Year over year
+31%
Inventory change
+55%
Months of supply
02 Detached Homes
Sharply weaker demand pushes annual prices down more than 7%.
Detached conditions show stable supply with sharply weaker demand. New listings are in line with the five year March average, while sales are down 30%. Inventory has risen 24%, increasing months of supply by 52%.
The benchmark price is $1,860,500, down 6.31% month over month and 7.09% year over year. Significant price declines indicate clear pressure at higher price points.
$1,860,500
Benchmark price
-7.09%
Year over year
+24%
Inventory change
+52%
Months of supply
03 Condominiums
Annual declines deepen as supply and demand remain out of balance.
Condominium conditions remain soft. New listings are 2% below the five year March average, while sales have dropped 28%. Inventory has climbed 29%, pushing months of supply up 54%.
The benchmark price is $706,700, up 0.17% month over month but down 8.13% year over year. Continued annual declines reflect sustained imbalance between supply and demand in this segment.
$706,700
Benchmark price
-8.13%
Year over year
+29%
Inventory change
+54%
Months of supply
04 Attached Homes
Short term price gains contrast with growing supply pressure.
The attached segment shows mixed performance. New listings are 19% above the five year March average, while sales are down 15%. Inventory has increased 49%, lifting months of supply by 63%.
The benchmark price is $1,047,100, rising 3.25% month over month but down 0.54% year over year. Short term gains contrast with broader pressure from elevated supply levels.
$1,047,100
Benchmark price
-0.54%
Year over year
+49%
Inventory change
+63%
Months of supply
Common Questions
Is Vancouver currently a buyer’s market or a seller’s market?
Vancouver is firmly in buyer’s market territory as of March 2026. Inventory is up 31%, months of supply has risen 55%, and the benchmark price is falling both month over month and year over year. Buyers across all three segments have meaningfully more negotiating power than at any point in the past two years.
What is the benchmark price in Vancouver right now?
The overall benchmark price in Vancouver is $1,104,300 as of March 2026, down 0.42% month over month and 3.09% year over year. Detached homes benchmark at $1,860,500, condominiums at $706,700, and attached homes at $1,047,100.
Which Vancouver property type is under the most pressure right now?
Condominiums show the steepest annual price decline at 8.13% year over year, while detached homes are down 7.09% year over year with the sharpest monthly drop at 6.31%. Attached homes are the most resilient segment, with a 3.25% monthly gain, though they remain marginally negative year over year and carry the highest inventory growth at 49%.
Why are Vancouver prices falling if new listings are not significantly above average?
New listings are only modestly above average, but demand has fallen far more sharply, with sales down 26% overall. When buyers absorb a much smaller share of available supply, inventory accumulates and sellers compete on price to attract offers. The result is downward price pressure even without a flood of new listings.
Is now a good time to sell in Vancouver?
Conditions favour buyers right now, with prices declining year over year across all segments and supply at elevated levels. Sellers who need to move should price precisely based on current comparable sales, not previous peak values. Your free Bode Homeowner Dashboard tracks your property’s current value and local market conditions continuously so you can make an informed decision.
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