VANCOUVER – Vancouver-area home sales and prices moved lower in April compared with last year, as the city’s real estate board says the market is diverging between property types.
There were 2,110 sales of residential properties in the region in April, down 2.5 per cent from the same month last year and 22.9 per cent lower than the 10-year seasonal average.
Greater Vancouver Realtors says the composite benchmark price for all types of residential properties in Vancouver was $1,098,000, a 6.9 per cent decrease from April 2025 and 0.6 per cent lower than March 2026.
Andrew Lis, the board’s chief economist and vice-president of data analytics, says despite lower activity overall, the detached segment has been picking up steam this spring, which could signal more sales to come across other property types.
During the month, there were 6,684 new listings on the market, down 2.4 per cent year-over-year but 15.5 per cent above the 10-year average.
Total inventory ticked up 0.2 per cent annually to 16,236, which was 37.9 per cent above the long-term average.
This report by The Canadian Press was first published May 4, 2026.
