BC Northern Real Estate Board

The number of homes sold through the MLS® System of the BC Northern Real Estate Board totaled 344 units in April 2026. This was a decrease of 6.3% from April 2025.

Home sales were 2.8% below the five-year average and 3.1% below the 10-year average for the month of April.

On a year-to-date basis, home sales totaled 1,039 units over the first four months of the year. This was a moderate decrease of 7.9% from the same period in 2025.

“Home sales were almost right on the mark for what we would experience in a typical April, with new listings also coming in very close to the short and long-term averages for this month,” said Vanita Des Mazes, Chair of the BC Northern Real Estate Board. “Everything seems to be holding steady on a monthly basis right now. Sales were on a downward trend but look to have momentarily stabilized. Meanwhile, new and active supply are both moving sideways and our market remains firmly within balanced territory, so overall this would be characterized as stable.”

The MLS® Home Price Index (HPI) tracks price trends far more accurately than is possible using average or median price measures. The overall MLS® HPI composite benchmark price was $436,200 in April 2026, a minor increase of 1% compared to April 2025.

The benchmark price for single-family homes was $454,600, a slight gain of 0.4% on a year-over-year basis in April. By comparison, the benchmark price for townhouse/row units was $275,300, edging down 0.2% compared to a year earlier, while the benchmark apartment price was $257,200, a gain of 22.1% from year-ago levels.

The average price of homes sold in April 2026 was $467,869, increasing by 6.7% from April 2025.

The more comprehensive year-to-date average price was $444,707, a gain of 5.2% from the first four months of 2025.

The Board cautions that the average residential price is a useful figure only for establishing trends and comparisons over a period of time. It does not indicate an actual price for a home due to the wide selection of housing available over a vast geographic area (the Board serves an area covering over 600,000 square kilometers or 72% of the province).

The dollar value of all home sales in April 2026 was $160.9 million, unchanged from the same month in 2025.

The number of new listings saw a minor decrease of 2% (15 listings) from April 2025. There were 722 new residential listings in April 2026.

New listings were 1.1% above the five-year average and 3.6% above the 10-year average for the month of April.

Active residential listings numbered 1,777 units on the market at the end of April, a small reduction of 2.4% from the end of April 2025.

Active listings were 4% above the five-year average and 5.3% below the 10-year average for the month of April.

Months of inventory numbered 5.2 at the end of April 2026, up from the 5 months recorded at the end of April 2025 and below the long-run average of 5.8 months for this time of year. The number of months of inventory is the number of months it would take to sell current inventories at the current rate of sales activity.