Metro Vancouver RD Housing Market Overview (April, 2026)
Onni Buys the Hudson's Bay Building – Vancouver Landmark Headed for Redevelopment
Home Buyers' Plan Grace Period Extended to 5 Years
Vancouver Opens the Floor on Tall Buildings
The Zealty App Is Here
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Metro Vancouver RD Housing Market Overview (April, 2026)
April 30, 2026
For Sale Inventory:
20,613
New Listing:
8,807
Median Sale to List Ratio:
96.5%
Median Sale Price:
$929,950
Sold Properties:
2,788
% Sold Over Asking:
8.4%
Median Days on the Market:
20 days
The Takeaway
20,613 homes for sale. Only 2,788 sold. That's 13.5% of inventory moving in a month. Buyers have options. Sellers have competition. The 8.4% selling over asking are the lucky ones.
20,613 homes for sale. Only 2,788 sold. That's 13.5% of inventory moving in a month. Buyers have options. Sellers have competition. The 8.4% selling over asking are the lucky ones.
Onni Buys the Hudson's Bay Building – Vancouver Landmark Headed for Redevelopment
Vancouver-based Onni Group signed a purchase agreement on April 23 to acquire the iconic Hudson's Bay Building at 674 Granville Street, with court approval pending and the deal projected to close by June 30. Onni beat out 31 other bidders, and the agreement comes with an unusually high 4.4% break fee, signaling the company is serious about converting the heritage retail block into something else entirely. Translation: another downtown department store is about to become condos.
Home Buyers' Plan Grace Period Extended to 5 Years
The federal government's 2026 Spring Economic Update, released April 28, extended the Home Buyers' Plan repayment grace period from 2 years to 5 years for RRSP withdrawals made between January 1, 2026 and December 31, 2028. That's three extra years before first-time buyers have to start putting money back into their RRSPs, freeing up cash flow during the most expensive years of homeownership.
Vancouver Opens the Floor on Tall Buildings
The City of Vancouver launched public engagement on May 1 to update its Higher Buildings Policy, the rulebook that decides which neighbourhoods can get 30+ storey towers and which can't. The current policy was last updated nearly a decade ago. Whatever comes out of this process will shape Vancouver's skyline for the next twenty years and decide which lots are about to become a lot more valuable.
The Zealty App Is Here
You can now stalk the Vancouver real estate market from bed, the bus, or the bathroom. The Zealty app is officially live — same listings, same price-cut sorting, same court-ordered sales filter, now in your pocket. Available on iOS and Android.
Want a heated bathroom floor? A wine cellar? A pickleball court? Most platforms make you scroll through hundreds of listings to find them. On Zealty, just run your search, open the filters, scroll to the keyword section at the bottom, and type your phrase in quotes — like "heated floor". The list rebuilds in seconds, showing only properties that mention it. Use it for any feature an MLS description might call out: heat pump, EV charger, legal suite, ocean view, you name it. Search the listings the way you actually think.
For the buyer who's done with society. A 768 sqft cabin on Mudge Island, an island so remote it doesn't have a ferry. No bridge. No public dock. No bus, no streetlights, no neighbours within shouting distance. You arrive by boat or you don't arrive at all. The mainland is three kilometres of cold Pacific away, and that is the entire point.
Hamidreza Etebarian leads the editorial process behind Zealty’s content. He works directly with the team to shape everything from market reports to general real estate guides into clear, reliable, and decision-focused pieces.
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