Vancouver, BC – May 11, 2026. The British Columbia Real Estate Association (BCREA) reports that 6,311 residential unit sales were recorded in Multiple Listing Service® (MLS®) Systems in April 2026, down 1.9% from April 2025. The average MLS® residential price in BC in April 2026 was up 0.8% at $952,768 compared to $944,796 in April 2025.

Total MLS® residential sales dollar volume was $6.01 billion, down 1.1% from the same time the previous year. BC MLS® unit sales were 25.38% lower than the ten-year average for the month of April.

“Challenges in the local economy and labour market, combined with upward pressure on rates due to the ongoing oil supply shock, are continuing to suppress pent-up demand and weaken overall market activity,” said BCREA Chief Economist Brendon Ogmundson. “However, modest monthly gains (seasonally adjusted) in some regions hopefully depict the beginning of a broader stabilization in housing activity, underpinned by improved affordability conditions that should encourage prospective buyers to enter the market.”

Year-to-date, BC residential sales dollar volume is down 9.5% to $18.7 billion, compared with the same period in 2025. Residential unit sales are down 7.6% year-over-year at 20,059 units, while the average MLS® residential price is also down 2% to $932,492.

Click here for the complete statistics release, including detailed tables.

Market Activity Endures Through Foreign and Domestic Headwinds by Brendon Ogmundson | Chief Economist | BCREA