Vancouver Island Real Estate Board

06/03/2026

New month, new numbers. 📊 Here’s our May 2026 Housing Market Snapshot. Visit https://bit.ly/3RKiV5s for more info.

06/03/2026

Curious how VIREB's housing market performed in May, but don't want the fine print? Then check out our latest video update below. You'll learn everything you need to know in about two minutes. ⬇️ 🏠

Visit www.vireb.com for more information on our May 2026 housing ma...

06/01/2026

Buyers demonstrated caution in May, but well-priced homes are still moving in the VIREB area.

In the single-family category (excluding acreage and waterfront), 384 homes sold in May 2026, down four per cent from one year ago and an increase of three per cent from April 2026.

Sales of condo apartments last month came in at 79, increasing by 10 per cent year over year and 23 per cent from April. In the row/townhouse category, 113 units changed hands in May, up 33 per cent from one year ago and 28 per cent from April.

Active listings of single-family homes were 1,529 in May, down from 1,565 one year ago. VIREB’s inventory of condo apartments was 386 last month, down from the 399 properties listed in May 2025. There were 370 row/townhouses for sale last month compared to 346 the previous year.

Benchmark prices for May are as follows.

• Single-family - $791,600 (down 1% y-o-y)
• Apartment - $407,700 (up 1% y-o-y)
• Townhouse - $553,200 (down 2% y-o-y)

📊 Our full May 2026 Statistics Package is available at https://bit.ly/3RKiV5s. For local market insights, please contact a REALTOR® in your area. 🏡

05/04/2026

New month, new numbers 📊 Here’s our April 2026 Housing Market Snapshot. Visit https://bit.ly/48DaVcd for more info.

05/04/2026

In just two minutes, catch up on everything that happened in VIREB's April 2026 housing market. Watch the latest update below. ⬇️ 🏠

April 2026 Market Update

05/01/2026

After a measured start, our spring market awakened with a late-April uptick—here’s how the numbers played out.

VIREB recorded 683 unit sales (all property types) in April 2026, down 12 per cent from one year ago. Year-over-year active listings (all property types) were 4,256, up four per cent from the previous year.

In the single-family category (excluding acreage and waterfront), 372 homes sold in April 2026, down six per cent from one year ago and an increase of 23 per cent from the previous year. Sales of condo apartments last month came in at 64, decreasing by 33 per cent year over year and down 11 per cent from March. In the row/townhouse category, 88 units changed hands in April, down one per cent from one year ago and up 24 per cent from March.

Active listings of single-family homes were 1,399 in April, up from 1,362 one year ago. VIREB’s inventory of condo apartments was 374 last month, down from the 410 properties listed in April 2025. There were 383 row/townhouses for sale last month compared to 331 the previous year.

Benchmark prices for April are as follows.

• Single-family - $790,300 (up slightly y-o-y)
• Apartment - $394,300 (down 4% y-o-y)
• Townhouse - $545,500 (down 1% y-o-y)

📊 Our full April 2026 Statistics Package is available at https://bit.ly/48DaVcd.

For local market insights, please contact a REALTOR® in your area. 🏡

04/16/2026

In its latest market update, the BC Real Estate Association (BCREA) reports that B.C.’s housing market is still feeling the effects of economic uncertainty.

📉 Total residential sales dollar volume reached $4.21B in March, down 5.6% year-over-year, while unit sales were more than 34% below the 10-year average.

🌍 BCREA notes that global conflict, higher mortgage rates, and a sluggish economy continue to slow recovery. However, improving affordability and pent-up demand could lead to increased activity once buyer confidence returns.

📊 So far in 2026:

• sales volume is down 13% year to date;
• unit sales are down 11%; and
• the average home price has dipped slightly (down 2.2% to $933,859).

For the full stats package with charts, visit https://bit.ly/4em8ONu.

04/15/2026

When do British Columbia’s flood and wildfire seasons begin? What do REALTORS® and the public need to know? And what the heck is a zombie fire?

To help you navigate this important topic with your clients, the BC Real Estate Association has rounded up key information on the factors that influence floods and wildfires, along with online tools to help you understand the risks in your area. Visit https://bit.ly/4cmrBFS to learn more. 🔥

Spring flood risk builds quickly with snowmelt and rain. 🌧🏔️ Be aware of changing conditions and watch for local updates as freshet season begins. 🔍 Learn more 👉 https://bit.ly/3NEwvWA

04/15/2026

Curious about B.C.'s resale home market, construction trends, rental landscape, and borrowing costs? Then check out the BC Real Estate Association's latest Housing Monitor Dashboard. Visit https://bit.ly/3DgC6sF to learn more. ⬇️

The Housing Monitor Dashboard has been updated! Stay informed with the latest data on BC’s resale home market, construction trends, rental landscape, borrowing costs, and more. Check out the newest data here: https://bit.ly/3DgC6sF

04/09/2026

VIREB members, did you know that you have access to Belair Insurance through our Perkopolis partnership? Belair Insurance can provide meaningful savings that make a real difference, especially with rising living costs. You'll find more information on Belair Direct at https://bit.ly/4moiitF.

Haven't signed up for Perkopolis yet? It's a simple process; all you need is your personal email address and Member ID number, along with the letters VIREB. To register, visit https://bit.ly/4c3s0y0.