VANCOUVER \u2014 British Columbia’s home sales trended down across the board in March in price, transactions and dollar volume in what realtors are calling a “very challenging economic environment.”<\/p>\n
The B.C. Real Estate Association says 5,766 homes in the province were sold on the Multiple Listing Service system last month \u2014 a 3.6 per cent slide from the same period last year.<\/p>\n
The average home price on the system for March slid two per cent to just under $940,000.<\/p>\n
The overall dollar volume dropped 5.6 per cent to $4.21 billion.<\/p>\n
The association says the number of home unit sales for B.C. last month was significantly lower than normal, coming in 34.5 per cent below the 10-year average.<\/p>\n
Brendon Ogmundson, a chief economist with the association, says the situation has been challenged by “global conflict leading to rising mortgage rates paired with a sluggish economy.”<\/p>\n
But he says he’s hopeful that improved affordability and pent-up demand could accelerate sales moving forward.<\/p>\n
In the first three months of this year, B.C.’s home sales dollar volume was at $12.7 billion, down 13 per cent from last year. Sales and the average price were also down from 2025 levels.<\/p>\n
This report by The Canadian Press was first published April 15, 2026.<\/p>\n","protected":false},"excerpt":{"rendered":"
VANCOUVER \u2014 British Columbia’s home sales trended down across the board in March in price, transactions and dollar volume in what realtors are calling a “very challenging economic environment.” The B.C. Real Estate Association says 5,766 homes in the province were sold on the Multiple Listing Service system last month \u2014 a 3.6 per cent […]<\/p>\n","protected":false},"author":522,"featured_media":8077,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"guid":"0b267409-f455-48fa-958f-68e83528072b","source":"The Canadian Press","byline":"","published":"2026-04-15 08:24:53","updated":"2026-04-15 08:24:53","_infotelid":"","_prepressid":"","_multisite_post_sync":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[1681,596,1693,1695,543],"tags":[],"region":[1686,1687,322,323,324,325],"class_list":["post-8076","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bc","category-business","category-construction","category-real-estate","category-topnews","region-british-columbia","region-canada","region-kamloops","region-kelowna","region-penticton","region-vernon"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":8}},"post_modified":"2026-04-15T08:24:53","post_modified_gmt":"2026-04-15T15:24:53","jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/staging.infonews.ca\/inhome\/wp-content\/uploads\/sites\/4\/inhome-a2d6dbc89eaed09a0f300f0d5b270b39529ee07f0306087fafbbc3bde373373a.jpg","_links":{"self":[{"href":"https:\/\/staging.infonews.ca\/inhome\/wp-json\/wp\/v2\/posts\/8076","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/staging.infonews.ca\/inhome\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/staging.infonews.ca\/inhome\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/staging.infonews.ca\/inhome\/wp-json\/wp\/v2\/users\/522"}],"replies":[{"embeddable":true,"href":"https:\/\/staging.infonews.ca\/inhome\/wp-json\/wp\/v2\/comments?post=8076"}],"version-history":[{"count":1,"href":"https:\/\/staging.infonews.ca\/inhome\/wp-json\/wp\/v2\/posts\/8076\/revisions"}],"predecessor-version":[{"id":8078,"href":"https:\/\/staging.infonews.ca\/inhome\/wp-json\/wp\/v2\/posts\/8076\/revisions\/8078"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/staging.infonews.ca\/inhome\/wp-json\/wp\/v2\/media\/8077"}],"wp:attachment":[{"href":"https:\/\/staging.infonews.ca\/inhome\/wp-json\/wp\/v2\/media?parent=8076"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.infonews.ca\/inhome\/wp-json\/wp\/v2\/categories?post=8076"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.infonews.ca\/inhome\/wp-json\/wp\/v2\/tags?post=8076"},{"taxonomy":"region","embeddable":true,"href":"https:\/\/staging.infonews.ca\/inhome\/wp-json\/wp\/v2\/region?post=8076"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}