The split market we have been tracking through the early months of 2026 became impossible to ignore in April. Greater Vancouver’s headline numbers softened only modestly year‑over‑year, but underneath the average the picture is anything but uniform. Detached homes are quietly finding a floor, apartments are still doing most of the heavy lifting on the way down, and Vancouver’s East Side is now meaningfully outperforming the West.
The Regional Picture: A Quiet Pivot
Residential sales across Metro Vancouver totalled 2,110 in April, a 2.5% decline from the same time last year and roughly 23% below the 10‑year seasonal average. That is still a soft print, but it is the busiest month of 2026 so far. Total active listings sit at 16,236, virtually unchanged from a year ago and 37.9% above the 10‑year norm. The MLS® Home Price Index composite benchmark for Metro Vancouver dipped to $1,098,000, down 6.9% year‑over‑year and 0.6% from March.
The sales‑to‑active ratio came in at 13.5% region‑wide, which...
