Vancouver Island Real Estate Board

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.

04/02/2026

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

Visit www.vireb.com for more information on our March 2026 housing market. 🏡

04/02/2026

The VIREB office will be closed on Good Friday (April 3) and Easter Monday (April 6.) Wishing you a hoppy, chocolate-y Easter long weekend. 🐰

04/02/2026

Curious how the housing market fared in March? 👀 Our March 2026 Housing Market Snapshot breaks down key trends across the VIREB area. Scroll through for a quick overview, and visit https://bit.ly/4dY5dF7 for full stats. 🏡