Greater Vancouver REALTORS: April 2026 Composite Benchmark Price at $1,098,000, Total Sales Reach 2,110

Greater Vancouver REALTORS — April 2026

The Greater Vancouver REALTORS® (GVR) reports that the composite benchmark price for all residential properties in Metro Vancouver was $1,098,000 in April 2026, marking a 6.9 per cent decrease compared to April 2025. Total residential sales in the region reached 2,110, a 2.5 per cent decrease from the 2,163 sales recorded in April 2025.

Market Analysis

In April 2026, the MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver was $1,098,000. This represents a 6.9 per cent decrease over April 2025 and a 0.6 per cent decrease from the prior month's composite benchmark of $1,104,300 in March 2026. Total residential sales in the region for April 2026 were 2,110, which is a 2.5 per cent decrease from the 2,163 sales recorded in April 2025. This total also represents an increase from the 2,032 sales reported in March 2026.

New listings of detached, attached, and apartment properties on the Multiple Listing Service® (MLS®) in Metro Vancouver totaled 6,684 in April 2026. This is a 2.4 per cent decrease compared to the 6,850 properties listed in April 2025. The total number of properties currently listed for sale on the MLS® system in Metro Vancouver is 16,236, a 0.2 per cent increase compared to April 2025 (16,207). This figure is also an increase from the 14,774 active listings reported in March 2026. The sales-to-active listings ratio for April 2026 across all property types is 13.5 per cent. The GVR noted, "Analysis of the historical data suggests downward pressure on home prices occurs when the ratio dips below 12 per cent for a sustained period, while home prices often experience upward pressure when it surpasses 20 per cent over several months."

Property Type Analysis

Breaking down the market by property type for April 2026, the benchmark price for a detached home was $1,840,700, with 659 sales recorded. For attached/townhouse properties, the benchmark price was $1,043,400, and sales totaled 433. Apartment properties saw a benchmark price of $703,000, with 1,009 sales. By property type, the sales-to-active listings ratio for April 2026 was 11.3 per cent for detached homes, 15 per cent for attached, and 14.7 per cent for apartments.