Home sales registered on the MLS® in Metro Vancouver* remain relatively flat compared to April last year, but a divergence is emerging between market segments.

The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 2,110 in April 2026, a 2.5% decrease from the 2,163 sales recorded in April 2025. This was 22.9% below the 10-year seasonal average (2,735). 

“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-over year, 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. This represents a 2.4% decrease compared to the 6,850 properties listed in April 2025. This was 15.5% above the 10-year seasonal average (5,785). 

The total number of properties currently listed for sale on the MLS® system in Metro Vancouver is 16,236, a 0.2% increase compared to April 2025 (16,207). This is 37.9% above the 10-year seasonal average (11,773). 

Across all detached, attached and apartment property types, the sales-to-active listings ratio for April 2026 is 13.5%. By property type:

• Detached homes: 11.3%

• Attached homes (townhomes): 15%

• Apartments: 14.7%

Analysis of the historical data suggests downward pressure on home prices occurs when the ratio dips below 12% for a sustained period, while home prices often experience upward pressure when it surpasses 20% over several months.  

“While it’s not always the case, there have been periods where the detached segment has acted as a bellwether of market sentiment, and it’s a question whether this time around this might be the case,” Lis said. “Prices across all segments remain relatively flat month over month as inventory levels remain sufficient to keep price escalation at bay. But with the detached segment picking up steam heading into the full swing of spring, it may only be a matter of time until the multi-family segments follow suit, which would slowly draw down standing inventory levels unless a surge of sellers come to market with their properties. We’ll be watching the next few months of data closely to see if pent-up demand re-enters the market heading into summer.” 

Home Prices and Sales Snapshot – April 2026

• Composite Benchmark Price (All Residential): $1,098,000

  • ↓ 6.9% from April 2025

  • ↓ 0.6% from March 2026

• Detached Homes:

  • Sales: 659 (↑ 14% Year over Year)

  • Benchmark Price: $1,840,700 (↓ 8.3% Year over Year | ↓ 0.8% Month over Month)

• Apartments:

  • Sales: 1,009 (↓ 10.7% Year over Year)

  • Benchmark Price: $703,000 (↓ 7.9% Year over Year | ↓ 0.5% Month over Month)

• Attached Homes (Townhomes):

  • Sales: 433 (↓ 2% Year over Year)

  • Benchmark Price: $1,043,400 (↓ 5.1% Year over Year | ↓ 0.4% Month over Month)

Click here for the GVR April 2026 MLS Housing Market Report