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…
Metro Vancouver* past month stats show slow sales in the apartment segment and home sales were down nearly four per cent in May compared to last year. *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…
April MLS® HPI Benchmark Price continued to soften slightly for most North Vancouver property types, not unlike West Vancouver. NV homes 2026 April and March HPI were down -2.8% and -5.3% respectively from same months last year. Apartments were down -4% and -4.9% and townhomes -3.9% and -4.3%. MLS® Home Price Index explained The…
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…
Overall, for Metro Vancouver area, April reflected a market that continues to gain seasonal momentum, though elevated inventory is helping to keep price growth relatively contained. Detached sales appear to be improving first, while the condo and townhome segments remain more measured. If demand continues to build through the spring market, the next few months…
Royal LePage just released regional market news reporting the aggregate price of a home in Greater Vancouver decreased 4.5 per cent to $1,174,500 year over year in the first quarter of 2026. On a quarterly basis, the aggregate price of a home in the region decreased modestly by 0.4 per cent. Broken out by housing…
North Vancouver March 2026 sales-to-active listing ratio by property type, were: 15.6% for detached houses, 22.5% for apartments, and 18.7% for townhomes. 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…
West Vancouver, the March 2026 sales-to-active listing by property type, the ratios were: 7.1% for detached houses, 10.1% for apartments, 7.7% for townhomes. 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…
The Greater Vancouver housing market delivered a mixed performance in March, with detached home prices declining, townhome values rising, and condominium prices remaining relatively flat. Overall, the average sale price held steady at $1,201,411, representing a modest decline of approximately $6,000, or 0.1 per cent, from the previous month. Inventory continues to trend above historical…
