Vancouver saw the largest year-over-year decline in housing prices compared with every other major housing market in Canada, according to Royal LePage's first-quarter house price survey.

The price of a detached bungalow fell 12.8% compared with prices in 2008's first quarter; the price of a standard two-storey home dropped 12.6%.

West Vancouver saw the largest change with an overall decline of 16.3% across key housing types surveyed. Average prices for bungalows fell 16.2% to $880,000 from $1 million. Meanwhile a standard two-storey home dropped 17% to $930,000 from $1.1 million. The price for a standard condo in the city fell 15.8% to $400,000.

North Vancouver also recorded some of the largest year-over-year declines. The average price of a detached bungalow fell 14.8% to $605,000 from $710,000 in 2008's first quarter. The value of a standard two-storey home dropped 14.3% to $660,000 from $770,000. An average condo's price fell 13.4% to $290,000 from $335,000.

In Vancouver, the average price of homes fell between 8.7% and 10.1%. In East Vancouver, a detached bungalow decreased $10.1% to an average $540,000. The value of a two-storey home on the city's east side fell $8.7% to $575,000 from $630,000.

On the west side of the city, the price of detached bungalows fell 9.5% to $950,000 from $1 million, while two-storey homes were selling for 9.8% less at roughly $930,000 from $1.1 million.

Calgary and Edmonton also recorded double-digit price declines. In Calgary, the price of a detached bungalow fell 11.5% to $391,833 while the price of a two-storey home decreased 12.4% to $390,689.

In Edmonton, a bungalow's price was down 11.2% to $298,750; the price of a two-storey home fell 12.3% to $326,713.

However, house values in Atlantic Canada have continued to appreciate. A detached bungalow in St. John's rose 17.7% to $193,000; the price of a two-storey home was up 15.6% to $265,000.

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