Opportunity knocks in Metro Vancouver’s Spring Market

What the market is telling us

The overall market is stable and measured — sales are tracking closely to 2025 levels, prices are essentially flat month-over-month, and a healthy supply of homes is available. Beneath that calm surface, one segment is standing out: detached homes are showing real momentum, with sales up more than 8% year-over-year and new listings actually declining from last year. That's a meaningful signal for anyone watching the detached market closely.

Great news for Buyers

This is the most buyer-friendly environment Metro Vancouver has offered in years. Here's why this moment matters:

Inventory is 38% above the 10-year seasonal average — more homes to choose from than in most recent springs.

Prices are essentially flat month-over-month across all property types, giving buyers a stable foundation to negotiate from.

Apartment benchmark at $706,700 is down 7.8% from a year ago — entry-level purchasing power hasn't been this strong in some time.

The sales-to-active-listings ratio of 14.2% sits comfortably in balanced territory — no bidding-war pressure.

Great news for Sellers

A slowing market is not a bad market for prepared sellers. The current conditions are working in your favour:

New listings dropped 10.3% from last March — competition among sellers is actually easing, not growing.

Detached home sales rose 8.3% year-over-year — motivated buyers are active and transacting in the detached segment.

Month-over-month prices ticked upward for detached (+1%) and townhouses (+0.1%), signalling prices are holding.

Sellers who price well and present well are still selling — 2,032 sales happened in March alone.

The Bigger Picture

The wait-and-see mood in the market won't last forever. Geopolitical factors — including bond yield pressure from the Middle East conflict — are creating short-term uncertainty, but history shows that Metro Vancouver real estate consistently rewards those who act with conviction during quieter periods. The 10-year composite price change of +15.4% for Greater Vancouver tells the story of a resilient, long-term market.

Whether you're a buyer ready to take advantage of today's selection and stable prices, or a seller whose well-prepared home stands out in a less-crowded field — this spring market has something to offer you.

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