Vancouver Rental & Sales
Intelligence Report
April 2026 · Observation window: March 19 – April 11, 2026
Carry-Over Rates by City
Percentage of listings still active after 8+ days. Higher = slower absorption.
North Vancouver at 94.9% carry-over — virtually nothing is clearing within a week. Langley at 76.4% is the only municipality where more than one in five listings is new.
Neighbourhood Rent Ladder
1BR median asking rent — top 10 and bottom 5 neighbourhoods. Full table in the report.
| Neighbourhood | Median 1BR |
|---|---|
| Vancouver · UEL | $2,900 |
| Vancouver · Fairview | $2,650 |
| Vancouver · Downtown | $2,600 |
| Vancouver · Strathcona | $2,565 |
| Vancouver · Mt. Pleasant | $2,550 |
| N Van · Lower Lonsdale | $2,492 |
| Vancouver · West End | $2,350 |
| Burnaby · Maywood | $2,305 |
| Langley · Nicomeki | $1,990 |
| New West · Downtown NW | $1,897 |
| Surrey · Guildford TC | $1,550 |
| Vancouver · Victoria-Fraserview | $1,398 |
The cheapest 1BR in Metro Vancouver is Victoria-Fraserview at $1,398. The most expensive is UEL at $2,900. A 107% spread across the same transit system.
PBR vs Condo Pricing Gap
Where institutional landlords (PBR) and individual condo owners diverge on price.
PBR asks more
Condo owner wins
The condo investor who prices off the institutional listing in Fairview is pricing themselves into vacancy. The investor in Burnaby who doesn't know they have pricing power is leaving $300+/month on the table.
Pricing Psychology
How sellers price 2,700+ sub-$700K condo listings across Metro Vancouver.
1 in 8 listings in Metro Vancouver uses deliberate cultural pricing — concentrated in Burnaby, Vancouver, and Richmond. Not Surrey. Not Langley.
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Get the May report
We publish monthly. Next issue covers the first concession listings and West End carry-over confirmation.
What to Watch in May
West End carry-over
If it holds above 85% in May, the renewal cycle pressure story is confirmed.
First Vancouver concession listing
Still zero. When it appears it will likely be West End or Marpole first.
Sapperton inventory
Up 155% this month with rents down 7.4%. If rents drop below $1,900 in May, New Westminster becomes the clearest oversupply story in Metro Van.
Observation window: March 19 – April 11, 2026. Data from active rental and sales listings across multiple platforms. PropTrust provides market analysis — this is not financial or legal advice. Past performance does not indicate future results.
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