VREB president Karen Dinnie-Smyth said the figures point to what she called a “gradual softening” of the market.
This trend offers confirmation of predictions by local real estate market analyst Leo Spalteholz.
Dinnie-Smyth offers a comparable assessment.
The benchmark price for a condo in Greater Vancouver was $643,000 in April, up from $631,000 in March and up 26.4 per cent from April 2021.
Looking at specific communities, Oak Bay remains the most expensive with a single-family home costing $1.72 million, followed by North Saanich .