The Greater Vancouver real estate board reported a 3.3% rise in home sales compared to the previous year, with 2,831 homes sold in April, up from 2,741 in April 2023.

The number of homes listed for sale in Metro Vancouver rose by 42.1% year-over-year to reach 12,491 properties, marking a 16.7% increase compared to the 10-year seasonal average.

The composite benchmark home price stood at $1,205,800, reflecting a 2.8% increase from the previous year.

New listings saw a significant 64.7% increase, with 7,092 detached, attached, and apartment properties available in April compared to 4,307 in April 2023.