Is now a good time to sell when we read news headlines like, for example, “housing market hasn’t come to a total standstill, but it is operating well below normal levels”, “sales activity steadily declined over the summer months and into the start of fall”, “transactions slide” and ‘home sales remain sluggish’? Despite economic uncertainty,…
Royal LePage® just released their Q3 2026 Home Price Update and Market Forecast reporting despite a promising start to the summer, buoyed by momentum from a late spring market, sales activity flatlined across most major markets in the third quarter, as a fresh round of tariffs on Canadian goods imposed by the United States created…
This September, slower apartment sales brought overall home sales down in Metro Vancouver. Realtors registered over 1,700 residential home sales in September, an 8% decrease from last year and 25% below the 10-year average for the month. With detached and attached home sales up slightly from last September, the overall decline was driven mainly by…
In contrast to North Vancouver’s uneven September sale activity, West Vancouver property sales for all types was up. +17.1%,+7.7% and +100% for homes, condos and townhomes respectively. 54% of WV September home sales were in the $2,000,000 – $2,999,999 range, 71% condo sales in the $400,000 – $1,999,999 range and 100% of townhome sales in…
September home sales In North Vancouver were up +20.4%% from last year in contrast to condos and townhome sales down -47.5% and -29.5% respectively. 79% of NV September home sales were in the $1,500,000-$2,999,999 range, 95% condo sales in the $400,000-$1,499,000 range and 100% of townhome sales in the $900,000-$1,999,999 range. Check out the five…
The outlook for Canadian mortgage rates has shifted significantly over the past month. What had previously looked like a period of relative calm has been disrupted by yet another rise in global oil prices and renewed trade tension between the United States and Canada. Higher oil prices resulting from the ongoing conflict with Iran and…
Greater Vancouver REALTORS® (GVR) reports home sales registered on the MLS® declined 8.4 per cent relative to September last year, weighed down by the apartment segment. GVR monthly stats release shows that residential sales in the region totalled 1,717 in September 2026, an 8.4 per cent decrease from the 1,875 sales recorded in September 2025.…
John Jennings of Royal LePage Sussex- John Jennings just released his West Vancouver and North Vancouver market update! In West Vancouver, there was 16 months of inventory (MOI), up from 14 months in July. The West Van market continues to be in buyer’s market territory based on MOI. The sales-to-new-listings ratio came in at 27%,…
The Greater Vancouver REALTORS® (GVR) reports home sales registered on the MLS® in Metro Vancouver* declined 4.6 per cent compared to August last year, marking the end of a summer season that underperformed the summer of 2025. Residential sales in the Metro Vancouver region totalled 1,869 in August 2026, a 4.6 per cent decrease from…
GVR, Greater Vancouver REALTORS® reports home sales registered on the MLS® in Metro Vancouver* fell nearly ten per cent relative to July last year, erasing the ten percent gain seen in June that kicked off the summer. Residential sales in the region totalled 2,061 in July 2026, a 9.8 per cent decrease from the 2,286…
