The B.C. Actual Property Affiliation says 5,766 properties within the province had been offered on the A number of Itemizing Service system final month — a 3.6% slide from the identical interval final 12 months.
The typical residence worth on the system for March slid two per cent to only below $940,000.
The general greenback quantity dropped 5.6% to $4.21 billion.
The affiliation says the variety of residence unit gross sales for B.C. final month was considerably decrease than regular, coming in 34.5% under the 10-year common.
Brendon Ogmundson, a chief economist with the affiliation, says the scenario has been challenged by “world battle resulting in rising mortgage charges paired with a sluggish financial system.”
However he says he’s hopeful that improved affordability and pent-up demand might speed up gross sales shifting ahead.
Within the first three months of this 12 months, B.C.’s residence gross sales greenback quantity was at $12.7 billion, down 13% from final 12 months. Gross sales and the common worth had been additionally down from 2025 ranges.
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Final modified: April 15, 2026
