The Metro Vancouver real estate market entered a more measured and stable phase in April 2026. Total residential sales in Greater Vancouver reached 2,110 units, marking a 4% increase from March and a 28% jump from February. While the rapid pace of growth seen earlier this year has slowed, this is a clear sign of the Vancouver housing market moving out of recovery mode and into a healthy, balanced state.
Here is everything you need to know about the latest market trends:
Key Market Highlights
Detached Homes in High Demand: Detached home sales improved significantly, rising 14% year-over-year in Greater Vancouver, while townhomes and condos experienced slight declines. The Fraser Valley real estate market saw an even larger surge, with detached sales jumping 25% compared to last year, showing renewed buyer confidence.
Inventory is Expanding: For the first time in months, supply is leading the market conversation. Active listings climbed to 16,236 (up 10% month-over-month), and new listings jumped 15% from March, indicating that sellers are actively re-engaging with the market.
A Shift to Balance: With months of supply edging up to 8 months and an overall sales-to-listings ratio of 31%, the region has shifted slightly into buyer's market territory. Buyers now have more choices and less urgency, while sellers face increased competition.
Top Performing Neighborhoods in April 2026 Certain communities showed remarkable resilience and genuine demand strength:
Richmond: A standout spring rebound, with home sales up 17% from March and 15% year-over-year.
Burnaby East: Recorded a robust 49% sales-to-listings ratio—the highest in the Metro Vancouver region—alongside a 25% month-over-month sales increase.
West Vancouver & Ladner: West Vancouver saw a striking 34% increase in year-over-year unit sales, while Ladner was the ultimate standout performer with sales more than doubling (+106%) compared to April 2025.
The Big Picture The April 2026 data shows that the Metro Vancouver real estate market is absorbing growth effectively rather than pulling back. The increase in housing supply is being met with steady, consistent buyer activity, reinforcing market normalization rather than instability. With stable interest rates and easing affordability pressures, the spring and summer markets present a constructive landscape full of opportunity for both buyers and sellers.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.