Courtesy of Doug Williams

Diverging trends widen as detached housing gains steam

$703,000 apartment DOWN 7.9% year-to-year

$1,840,700 detached DOWN 8.4% year-to-year

$1,043,400 attached DOWN 5.1% year-to-year

BENCHMARK PRICES

16,236 ACTIVE LISTINGS 2,110 SOLD LISTINGS

detached 659 1,009 apartment

detached 5,810 6,865 apartment

31.6% SALES TO NEW LISTING RATIO

40 DAYS ON MARKET (detached)

7.7 MONTHS OF INVENTORY

6,684 NEW LISTINGS

VANCOUVER, B.C., May 2026 – The Greater Vancouver REALTORS ® (GVR) reports that residential sales in the region totalled 2,110 in April 2026, a 2.5 per cent decrease from the 2,163 sales recorded in April 2025. “Last month we noted that a divergence was emerging between sales trends in the detached and multi-family segments, which continued in April,” said Andrew Lis, GVR chief economist and vice-president data analytics. “Sales of detached homes have been gaining year overyear, while sales in the multi-family segment have declined, and this pattern is consistent across most areas. The fact this pattern is so broad-based reduces the likelihood what we’re seeing is just a blip in the data since the momentum isn’t isolated to small pockets of the market.” There were 6,684 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service® (MLS ® ) in Metro Vancouver in April 2026. The total number of properties currently listed for sale on the MLS ® system in Metro Vancouver is 16,236. Across all detached, attached and apartment property types, the sales-to-active listings ratio for April 2026 is 13.5 per cent. The MLS ® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $1,098,000. Sales of detached homes in April 2026 reached 659. The benchmark price for a detached home is $1,840,700. This represents an 8.3 per cent decrease from April 2025 and a 0.8 per cent decrease compared to March 2026. Statistics reflect market activity in April 2026 | Source: Greater Vancouver REALTORS ® (GVR) | Market values stated are of the benchmark of Vancouver and surrounding region. Individual home market values will vary and are affected by factors such as location, size, interior and exterior condition. Please call to get an up-to-date evaluation of your home.

DOUG WILLIAMS REALTOR®. Seniors Real Estate Specialis

T 604.250.6593 info@SeniorsRealty.ca www.SeniorsRealty.ca

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