INFOGRAPHICS: May 2026 VREB Victoria Market Reports
Victoria Real Estate Market Report for May 2026
A total of 579 properties sold in the Victoria Real Estate Board region this March, 5.5 per cent fewer than the 613 properties sold in March 2025 and 24.5 per cent more than in February 2026. Sales of condominiums decreased by 18.8 per cent from March 2025 with 164 units sold. Sales of single family homes decreased by 2.4 per cent from March 2025 with 285 sold.
“Our market is following a fairly typical spring market trend,” said Victoria Real Estate Board Chair Fergus Kyne. “With sales and listings both increasing from the previous month, we’re tracking a seasonal pattern that generally builds to the peak of the market in May or June.”
There were 3,261 active listings for sale on the Victoria Real Estate Board Multiple Listing Service® at the end of March 2026, an increase of 12.3 per cent compared to the previous month of February and a 7.9 per cent increase from the 3,023 active listings for sale at the end of March 2025. “We continue to observe a market which offers plentiful opportunity for both buyers and sellers.
The current conditions of good supply and a reasonable level of consumer demand have created fewer high-pressure transactions and allowed time for both sides of the sale to make decisions and undertake due diligence,” notes Chair Kyne. “Every listing is unique in our market. Greater Victoria is a relatively small area which consists of many micro markets with varying conditions and demand. It’s a good time to connect with your favourite local REALTOR® to ensure your property or your purchase gets the correct analysis and strategy it deserves.”
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 June 10, 2026 by myRealPage
