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GVR May 2026 MLS® Housing Market Report

Apartment sales lag, other housing segments steady

Led by slow sales in the apartment segment, home sales registered on the MLS® in Metro Vancouver were down nearly four per cent in May compared to last year.

The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 2,150 in May 2026, a 3.5 per cent decrease from the 2,228 sales recorded in May 2025. This was 26.6 per cent below the 10-year seasonal average (2,930). 

“While attached sales held relatively steady and detached sales edged up roughly one per cent in May, apartment sales were down about seven per cent year-over-year, which weighed down the overall sales total,” said Andrew Lis, GVR chief economist and vice-president data analytics. “Even then, apartment sales were not down uniformly across all regions – some of the larger areas such as North and East Vancouver saw increases relative to last year.”

There were 6,115 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in May 2026. This represents a 7.6 per cent decrease compared to the 6,620 properties listed in May 2025. This was 1.3 per cent above the 10-year seasonal average (6,036). 

The total number of properties currently listed for sale on the MLS® system in Metro Vancouver is 16,917, a one per cent decrease compared to May 2025 (17,094). This is 34.6 per cent above the 10-year seasonal average (12,567). 

Across all detached, attached and apartment property types, the sales-to-active listings ratio for May 2026 is 13.1 per cent. By property type, the ratio is 10.7 per cent for detached homes, 15.4 per cent for attached, and 14.2 per cent for apartments. 

Analysis of the historical data suggests downward pressure on home prices occurs when the ratio dips below 12 per cent for a sustained period, while home prices often experience upward pressure when it surpasses 20 per cent over several months. 

“Price trends across all housing types were flat month-over-month, as a healthy level of inventory easily absorbed the relatively muted level of overall demand in the market,” Lis said. “Year-to-date, sales have come in just shy of our forecast to this point in the year. With demand tracking our forecast so closely, it’s reasonable to expect a calm and orderly summer market, as no obvious near-term catalysts loom over the horizon to move the market significantly in either direction.” 

The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $1,100,700. This represents a 6.2 per cent decrease over May 2025 and a 0.2 per cent increase compared to April 2026. 

Sales of detached homes in May 2026 reached 660, a 0.9 per cent increase from the 654 detached sales recorded in May 2025. The benchmark price for a detached home is $1,847,900. This represents a 6.9 per cent decrease from May 2025 and a 0.4 per cent increase compared to April 2026. 

Sales of apartment homes reached 1,009 in May 2026, a 7.2 per cent decrease compared to the 1,087 sales in May 2025. The benchmark price of an apartment home is $697,800. This represents a 7.9 per cent decrease from May 2025 and a 0.7 per cent decrease compared to April 2026. 

Attached home sales in May 2026 totalled 463, a 1.3 per cent decrease compared to the 469 sales in May 2025. The benchmark price of a townhouse is $1,048,200. This represents a 5.1 per cent decrease from May 2025 and a 0.5 per cent increase compared to April 2026.

For more information, please click here.

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School Spotlight: Beach Grove Elementary

Location:  5955 17A Avenue, Tsawwassen
Programs:  English
Principal:  Ms. Jacquie von Schulmann

At Beach Grove, we strive to create a positive caring environment where we treat each other with respect and encourage the development of self-esteem, excellence and responsibility. Through co-operation and acceptance, learning is fun and creativity is celebrated. Our goal is to help students build deep understanding, develop the ability to think critically and foster  the skills necessary to be successful in the world, both today and in the future.

2025-2026 Schol Goals

Inquiry Question #1 (Literacy focus):
If we create structured reading practice across all subject areas, will our students become more independent at navigating text?

What led us to choose this focus?
SCANNING:
Students need more practice reading (observations and data from our Learning Support team and classroom teachers)

Assessment pilot with District Coordinators where teachers collected and analyzed specific data through the year 2024-25

HUNCH: We need to create time for consistent, structured targeted reading skill practice

For more information on Beach Grove Elementary, please click here.

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Blissful Bites:  Britannia Brewing

Britannia Brewing was established in 2014 with the goal to provide a fun and exciting place whereby locals can come to enjoy quality Ales and food in a relaxed but refined atmosphere. Drawing inspiration from the nautical roots of Steveston BC and the history of the Britannia Shipyards our namesake was established. Early days involved building our Richmond brewery and a Steveston Village tasting room to showcase our crafted Ales and fresh cuisine. Growth was swift adopting a second location across the Fraser river in the quaint village of Ladner. This strategic additon allowed the opportunity for our extended neighbours to now become everyday customers.

As capacity nudged us to scale a step futher, we carefully selected and have now completed a 10,000 SQFT state of art manufactuing facility. This acre parcel boasting an oudoor picnic area and 200 seat restaurant is conveniently nestled in the beautiful Lake Country region of the Okanagan.

Come join us to enjoy a fresh pint while exploring these fantastic locations and everything Steveston, Ladner and Lake Country has to offer.

LADNER
Britannia Brewing Ladner opened in 2021 as a modern retreat with a great selection of in-house beers, craft cocktails, snacks, classic comfort food and of course a great happy hour!

Our dining room is bright and open with a semi-private area for larger groups, the huge 20 stool bar is the largest in the village to sit you and all your friends, new and old. When the days are nice our backyard patio is the place to be, a large seasonal space that inspires long sipping sessions of beer and cocktails with friends.

Open 7 days a week, all day! We are all about bringing people together in the centre of our village to relax, have great food and drinks in a family-friendly environment. To us, it is all about the people, the passion, and the friendship that make our town great!

  • Lunch and dinner all week, everyday! 

  • Happy Hour: Monday to Friday from 2:30 to 5:30 with discount beer and appies

  • Brunch: Saturday and Sunday from 10:30 to 2:00

Call in 604.940.1900 to book a table or just pop in. For larger parties over 20 please email ladner@bbco.ca to arrange.  For more information or to check out the menu, click here.

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Community Event: Barns to Beaches Festival

ABOUT THE BARNS TO BEACHES FESTIVAL

Barns to Beaches is a new bike route which spans 16 km from Tsawwassen to Ladner along the shoreline, dike and backcountry farm roads. The City of Delta is launching the new route with a bike ride and festival featuring 54-40!  

Thank you for your support. Community bike ride registrations have reached capacity!

For more information or to join the waitlist, click here.

Featuring:

EMMETT JEROME
SPENDO
HONEYBEAR, THE BAND
THE EXCHANGE

The Red Barn, Southlands - Tsawwassen
Saturday, June 20, 2026
Rides Start at 10 am - Live Music at 2 pm

Food Trucks • Adventure Expo & Market • Bike Valet • The RunInn Riders’ Lounge • Craft Beers • Kids Zone • Farm Market

Festival access is free for registered ride participants.

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New property listed in Hawthorne, Ladner

I have listed a new property at 5287 Crescent Drive in Delta. See details here

This well-built, solid 3,200 sq. ft. detached residence offers the perfect blend of space, comfort, and functionality for modern family living. Situated on a sun-drenched south-facing lot, this 5-bedroom home is thoughtfully designed with generous rooms, ample storage, and a versatile layout. The heart of the home features bright, inviting living spaces filled with natural light, seamlessly flowing into the outdoor areas ideal for entertaining and everyday enjoyment. Upstairs, five spacious bedrooms provide exceptional flexibility for growing families, guests, or multi-generational living. A large games room creates the perfect space for recreation, movie nights, or a children’s retreat, while the dedicated den offers an ideal work-from-home office or quiet study space.

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Open House. Open House on Sunday, May 31, 2026 2:00PM - 4:00PM

Please visit our Open House at 5287 Crescent Drive in Delta. See details here

Open House on Sunday, May 31, 2026 2:00PM - 4:00PM

This well-built, solid 3,200 sq. ft. detached residence offers the perfect blend of space, comfort, and functionality for modern family living. Situated on a sun-drenched south-facing lot, this 5-bedroom home is thoughtfully designed with generous rooms, ample storage, and a versatile layout. The heart of the home features bright, inviting living spaces filled with natural light, seamlessly flowing into the outdoor areas ideal for entertaining and everyday enjoyment. Upstairs, five spacious bedrooms provide exceptional flexibility for growing families, guests, or multi-generational living. A large games room creates the perfect space for recreation, movie nights, or a children’s retreat, while the dedicated den offers an ideal work-from-home office or quiet study space.

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School Spotlight: English Bluff Elementary

Location:  402 English Bluff Road, Tsawwassen
Programs:  International Baccalaureate Program
Current Principal:  Ms. Gaines

English Bluff is a warm, welcoming IB PYP elementary school with knowledgeable, caring and professional staff, enthusiastic students and supportive parents. Contributions from our Parent Advisory Committee continue to enhance educational programs, support field study, and encourage extracurricular opportunities. I am very proud to be part of a team that is invested not only in providing a challenging academic program, but also in fostering well-being and community building.

We are a small community-minded school with the aim of creating an inclusive environment that nurtures both individual student potential, while at the same time, developing a broader sense of community that builds a mutual support network for parents and staff for the benefit of our children. Our goal is for your child to enjoy their learning experience at EB as they acquire the skills to be successful in life.

International Baccalaureate Program

English Bluff is proud to be a fully accredited International Baccalaureate World School for the Primary Years Program, consisting of grades K through 7th. The goal is to educate the “whole child” and create inquiring life-long learners who encompass all attributes of the IB Learner Profile.

At the core of the IB Primary Years Program are the six Transdisciplinary Themes. These themes have global significance and create a framework that encompasses all learning and provides a balance between the subject areas and learning beyond them.

For more information regarding the Primary Years Program, please visit the International Baccalaureate Organization website:  http://www.ibo.org/pyp/

2025-2026 School Goals

Inquiry Question: How will a concentrated focus on building fact fluency with students improve their proficiency at math and shift their perception of numeracy?

– How does math help us make sense of the world around us?    – How will using practical numeracy skills help us to solve everyday problems?    – How do we engage in meaningful and enjoyable math?

Some resources we are currently exploring include:
Carole Fullerton math
https://www.instagram.com/janicenovakowski/

Shelley Gray Dot talks
https://shelleygrayteaching.com/

https://www.edutopia.org/article/building-thinking-classroom-math

Card Deck strategies & use of Math Minds pre-assessment data & fluency slide decks.

As a staff, we have been engaging in professional development, since August, to educate us on how to better teach and support our students with numeracy.

2025-2026 School Fees

For more information on English Bluff Elementary, please click here.

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Community Event:  Southlands Farmers’ Market

Experience the Southlands Tsawwassen Farmers Market, featuring local produce, sweet treats, blooms, bevvies, artisans, live music, food trucks & more!

The Southlands Tsawwassen Farmers’ Market takes place in Market Square every other Saturday from May 23 through November 7, 2026. The Farmers’ Market is set in a flourishing open-air hub where agriculture intersects with the community through demonstration gardens, a community orchard, and local neighborhood food businesses.

Dates:
Every other Saturday, from May 23 through November 7, 2026 (no market on June 20th)

Time:
10 am – 3 pm

Venue:
Market Square, Southlands – 6313 Market Ave, Delta, BC

Click here for a list of our vendors!

FARMERS’ MARKET DATES 2026

  • May 23 – Season Opener & Art Show

  • June 6 – Bria Communities Seniors Day

  • June 20 – NO MARKET ON JUNE 20th

  • July 4

  • July 18

  • August 1

  • August 15

  • August 29

  • September 12

  • September 26

  • October 10 – Pie Bake Off

  • October 24 – Halloween at the Market

  • November 7 – Last Market of 2026!

Hand-Tied Bouquets
Crafted exclusively with flowers from our Southlands Tsawwassen flower farm and available throughout the Farmers Market season.

  • Hand-Tied Bouquets $35–$65

  • Lavender Bouquets, starting at $10

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Community Event: Ladner May Days May 22-24, 2026

Spring in Delta wouldn’t be complete without the return of one of the community’s most beloved traditions — May Days. This long-standing celebration brings together residents, families, and local businesses to mark the season with energy, connection, and small-town charm.

May Days is all about community spirit. From lively parades and local performances to family-friendly activities, food vendors, and artisan markets, there’s something for everyone to enjoy. It’s a chance to reconnect with neighbours, support local organizations, and celebrate everything that makes Delta such a special place to call home.

For families, it’s a weekend filled with memorable moments — kids’ activities, games, and entertainment that create lasting traditions year after year. For local businesses and community groups, it’s an opportunity to showcase what they do and engage with the people they serve.

Events like May Days are a reminder that a home is about more than just a property — it’s about the community around it. The sense of belonging, the shared experiences, and the vibrant local culture all play a role in what makes Delta such a desirable place to live.

If you’re thinking about making a move or simply looking to explore more of what Delta has to offer, there’s no better time than during May Days to experience the heart of the community.

For more information, click here.

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School Spotlight: Pebble Hill Elementary

Location:  246 52A Street, Tsawwassen
Programs:  Traditional School
Current Principal:  Mrs. Simpson

Pebble Hill Traditional is a public K-7 elementary school located in sunny Tsawwassen, just two blocks north of the Canada-USA border.

As Delta’s first Traditional School, teachers use a wide range of instructional practices. As a school, we emphasize the importance of engaging with and contributing to the community locally and globally. The students wear uniforms and formally greet teachers and visitors to the school. We have a warm, welcoming school environment that is cohesive, proud and ambitious.

Visitors to Pebble Hill Traditional can expect to find a vibrant school community where teachers and parents work together to support student learning.  Visitors to our school can expect to find students who take full advantage of our efforts and the learning opportunities available to them by actively engaging as creative, happy and knowledgeable learners.

 2025-2026School Goals

Curriculum Goal 
This year, our goal is to ensure that the BC Mathematics curriculum is taught with an approach (MathMinds) that supports maximizing the potential of ALL students. In addition, we will be teaching social-emotional strategies that help students build confidence, resilience, and a growth mindset. Our aim is to prepare students to be successful not only in numeracy, but also in school more broadly.

Core Competency Goal
We aim to foster a community where every student demonstrates respect, takes responsibility for their actions, and builds resilience in the face of challenges. By embodying these values, we strive to create an environment where everyone can learn, grow, and succeed together.

For more information on Pebble Hill Elementary, please click here.

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School Spotlight: Cliff Drive Elementary

Location:  5025 12th Avenue, Tsawwassen
Programs:  English & Late French Immersion for Grades 6 and 7
Current Principal:  Mr. McGrory

Welcome to Cliff Drive Elementary/ Ecole Cliff Drive.

We are a well established K through 7 Elementary school, that also offers Late French Immersion for Grades 6 and 7.  The school is situated near the bluff in Tsawwassen.  The staff here are are committed to working to create a climate that will foster each child’s development academically, socially, emotionally and physically.

There are many opportunities for our students to be involved beyond their classroom learning experiences.  Our older students have many leadership opportunities, including office, library or classroom monitors, band, sports teams, playground helpers, and morning announcers.  We encourage our students to be active participants in the school community and are proud of their efforts and accomplishments.

Cliff Drive has an involved parent group who work together with the school.  Our PAC members extend their influence into the greater community of Delta,  and work to encourage more families to become involved with our school community.  It is important that we work together to ensure a safe supportive learning environment for the students.

The motto that Cliff Drive uses to frame our community is “Soars” – Safe, Open-minded, Achievement, Respect, with Spirit.

2025-2026 School Goals

School Vision

For more information on Cliff Drive Elementary, please click here.

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Reciprocity Logo The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.