05/06/2026
Vancouver Island Real Estate Board
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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 Larry McNabb at 250.714.6051.
