Home prices across Metro Vancouver continued their slow decline in March, according to new figures from the Real Estate Board of Greater Vancouver (REBGV)
The board reported both year-over-year and month-to-month declines across all housing types for the month.
READ MORE: Greater Vancouver home sales hit lowest point since 1986: Realtor
According to the board’s latest report, the benchmark price of a detached home now sits at $1.43 million, down 10.5 per cent from March 2018 and down 0.4 per cent from February 2019.
The benchmark price of a condo now sits at $656,900, down 5.9 per cent from March 2018 and down 0.5 per cent from February 2019.
Townhouse prices are also on the decline with a benchmark price of $783,600, down six per cent from March 2018 and 0.7 per cent from February 2019.
