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VANCOUVER WEST APRIL APARTMENT MARKET

Attached please find the latest statistics from Greater Vancouver Realtors.

 

The News Release expresses some optimism for the spring, even though continued sufficient inventory has meant sales and prices remain basically flat. Improvement in the detached market is giving hope that multi-family units will follow that lead at some point in the first part of this year. Last month saw a 2.5 percent decrease in residential sales compared to the previous April. Year to year newly listed properties are down 2.4 percent. Total inventory this April is 0.2 percent higher than last April. The composite value of all properties is 6.9 percent lower April to April.

 

The graph shows a 1.2 percent increase from March to April for the average condominium sale price in Metro Vancouver. This April compared to last April, the overall benchmark price of an apartment decreases 7.9 percent. Year to year the volume of condo sales declines 10.7 percent.

 

April 2026 versus the previous April, the benchmark price for west side condos is 6.8 percent lower. Vancouver west apartment sales drop 23 percent April to April. Year to year west side apartment inventory is up 21 percent.

 

From March to April, Vancouver west apartment sale inch up 0.4 percent. Month to month west side condo inventory is 10.5 percent higher.

 

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Don Kennedy

Sutton Group West Coast Realty

604-307-6883

1-877-DONS EAR (toll free)

 Website: DonKennedyRealtor.com

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