Vancouver home sales continued to fall in April amid trade war, real estate board says

Vancouver home sales activity was down again in April as the city’s real estate board says some buyers are likely trying to “patiently wait out the storm” with the ongoing Canada-U.S. trade war.

Greater Vancouver Realtors says residential sales in the region totalled 2,163 last month, a 23.6 per cent decrease from the 2,831 sales recorded in April 2024 and 28.2 per cent below the 10-year seasonal average.

There were 6,850 newly listed properties on the market, a 3.4 per cent decrease from April 2024, but still 19.5 per cent above the 10-year seasonal average for the month.