Year-over-year monthly sale numbers were up significantly for West Vancouver homes and condos in June, +33.3% and +20% respectively however the MLS® HPI Benchmark Price continued to edge down, -7.7% and -12% respectively. The WV real estate market has pretty much been trending with Buyer’s market conditions the past 16 months for most property types.…
West Vancouver May sale activity for all property types was down double digits from a year ago, May 2025. Homes down –28.9%, condos -21.4% and townhomes -60.0%. As well, WV’s MLS® HPI Benchmark Price softened – f7.8% for homes and -12.0% for condos.. Buyer’s market conditions continue to characterize West Vancouver’s real estate market. Read…
North Vancouver May house sales were down a bit from same month last year; -9.9% but up for condos, +20.2% and townhomes up +18.2%. NV’s MLS® HPI Benchmark Price weakened for all property types, -5.8% for homes, condos -4.3% and townhomes -5.0%. In spite of less or more sale activity and price softening, all property…
John Jennings of Royal LePage Sussex-John Jennings just released his monthly real estate market update showing in West Vancouver, there was 15 months of inventory (MOI), up from 12 months in April. The West Van market continues to be in buyer’s market territory based on MOI. The sales-to-new-listings ratio came in at 20%, which indicates…
In West Vancouver, there was 13 months of inventory (MOI), down from 14 months in March. The West Van market continues to be in buyer’s market territory based on MOI. The sales-to-new-listings ratio came in at 21%, which indicates a buyer’s market. In North Vancouver, the MOI decreased, reaching 5.7 months of inventory compared to…
Metro Vancouver* home sales registered on MLS® for the month of March were the lowest going back to 2019 for the same month, while active listings continue to their upward trend. Sales The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 2,091 in March 2025, a 13.4 per cent decrease from…
Home sellers in Metro Vancouver* appeared eager to enter the market to start the year leading to significant year-over-year increases in new listed homes in January. * Areas covered by Greater Vancouver REALTORS® include: Bowen Island, Burnaby, Coquitlam, Maple Ridge, New Westminster, North Vancouver, Pitt Meadows, Port Coquitlam, Port Moody, Richmond, South Delta, Squamish, Sunshine Coast,…
North Vancouver activity snapshot for January compared to January 2024, shows total residential sales up +13.5% for homes, +30.2% for apartments and up +17.6% for townhomes. 73% of NV January house sales sold in the 1.5mil to 3mil range, 93% apartment sales in the $400,000 to $1,499,999 range and 90% townhome sales in the $900,000…
John Jennings, Royal LePage Sussex-John Jennings, just released his monthly Market Update! He reports in West Vancouver, there was 24 months of inventory (MOI). This represents a buyer’s market based on MOI. In December there was 15 months of inventory. The sales to new listings percentage was 12%, which represents a buyer’s market. In North…
North Vancouver (NV) and West Vancouver (WV) commonality is location, that is, both are on Vancouver’s North Shore, however, their real estate markets differ! The two visuals that follow, for 2024 vs 2023, shows the level of inventory more often stronger in WV as well as the House Price Index, whereas sales numbers are more…
