Greater Vancouver home sales down nearly 5% in March as prices rise, real estate board says

Greater Vancouver’s real estate board says the number of homes that changed hands in March fell from the previous year, as total sales were nearly one-third lower than the 10-year average.

Greater Vancouver Realtors says there were 2,415 home sales in the region last month, a 4.7 per cent decrease from the 2,535 sales recorded in March 2023.

That came as the total number of Metro Vancouver homes listed for sale rose 22.5 per cent year-over-year to 10,552, which is 6.3 per cent above the 10-year seasonal average.