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Vancouver Market Statistics 

Sales for April were 2% higher than the 10-year average for the month but 26% lower than those seen this past March and 34% below sales numbers from April  2021.
That said, demand was still on the strong side with the the sales-to-active listings at 37% (25% for houses, 47% for attached and 45% for condos). Generally, analysts say downward pressure on prices occurs when demand falls below 12% for a sustained period, while prices tend to increase when it sustains above 20%. Click here for REBGV's overview of sales activity and pricing trends for March 2022 in Metro Vancouver.

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