INFOGRAPHICS: May 2026 VREB Victoria Market Reports

Victoria Real Estate Market Report for May 2026

A total of 713 properties sold in the Victoria Real Estate Board region this May, 5.9 per cent fewer than the 758 properties sold in May 2025 and 10.9 per cent more than sold in April 2026. Sales of condominiums decreased by 14.9 per cent from May 2025, with 188 units sold. Sales of single family homes decreased by 4 per cent from May 2025, with 385 sold.

“There’s no more waiting – the spring market is here,” said Victoria Real Estate Board Chair Fergus Kyne. “With the most inventory for sale that our market has had in eleven years, we’re seeing buyers take advantage of the many homes to choose from. Buyer expectations around pricing and features have changed with market conditions and they have more time to make decisions and are viewing more properties. To meet buyer demands, motivated sellers need to enter the market with competitive pricing and an understanding of their property’s value in the current environment.”

There were 4,029 active listings for sale on the Victoria Real Estate Board Multiple Listing Service® at the end of May 2026, an increase of 8.6 per cent compared to the previous month of April and an 8.4 per cent increase from the 3,716 active listings for sale at the end of May 2025.

Read the full report on VREB website!

The following data is a comparison between May 2026 and May 2025 numbers, and is current as of June 2026. Click here to check out last month’s figures!

You can also follow this link for all our Victoria Board monthly infographics!

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Download Printable Version – May 2026 VREB, Victoria Market Report

Last Updated on October 21, 2026 by myRealPage