INFOGRAPHICS: April 2025 VIREB Vancouver Island Market Reports

HOUSING MARKET HOLDING STEADY DESPITE UNCERTAINTY

The Vancouver Island Real Estate Board (VIREB) recorded 786 unit sales (all property types) in April 2025, up eight per cent from one year ago. Year-over-year active listings (all property types) rose by four per cent, climbing to 4,080 from 3,913 the previous April.

In the single-family category (excluding acreage and waterfront), 401 homes sold in April, up nine per cent from one year ago and an increase of 33 per cent from March. Sales of condo apartments month came in at 97, an increase of 33 per cent year over year and up 12 per cent from March. In the row/townhouse category, 90 units changed hands in April, up eight per cent from one year ago and 21 per cent from March.

Active listings of single-family homes were 1,362 last month compared to 1,271 in April 2024. VIREB’s inventory of condo apartments was 410 in April, up from the 381 posted one year ago. There were 331 row/townhouses for sale last month compared to 368 in April 2024.

Read the full report on VIREB website!

The following data is a comparison between April 2025 and April 2024 numbers, and is current as of May of 2025. Click here to check out last month’s infographics.

You can also view all our VIREB infographics by clicking here.