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":{"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":""},"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":[],"parsely":{"version":"1.1.0","canonical_url":"https:\/\/infonews.ca\/inhome\/news\/8076\/bc-home-sales-face-major-headwinds-in-march-as-transactions-prices-both-slide\/","smart_links":{"inbound":0,"outbound":0},"traffic_boost_suggestions_count":0,"meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"B.C. home sales face major headwinds in March as transactions, prices both slide","url":"http:\/\/infonews.ca\/inhome\/news\/8076\/bc-home-sales-face-major-headwinds-in-march-as-transactions-prices-both-slide\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/infonews.ca\/inhome\/news\/8076\/bc-home-sales-face-major-headwinds-in-march-as-transactions-prices-both-slide\/"},"thumbnailUrl":"https:\/\/infonews.ca\/inhome\/wp-content\/uploads\/sites\/4\/inhome-a2d6dbc89eaed09a0f300f0d5b270b39529ee07f0306087fafbbc3bde373373a.jpg?w=150&h=150&crop=1","image":{"@type":"ImageObject","url":"https:\/\/infonews.ca\/inhome\/wp-content\/uploads\/sites\/4\/inhome-a2d6dbc89eaed09a0f300f0d5b270b39529ee07f0306087fafbbc3bde373373a.jpg"},"articleSection":"B.C.","author":[{"@type":"Person","name":"The Canadian Press"}],"creator":["The Canadian Press"],"publisher":{"@type":"Organization","name":"iNhome","logo":""},"keywords":[],"dateCreated":"2026-04-15T15:24:53Z","datePublished":"2026-04-15T15:24:53Z","dateModified":"2026-04-15T15:24:53Z"},"rendered":"