Q1 [Jan-March] 2026

April 2, 2026

Measured Gains Mark a Cautious Start to the Spring Market

March brought a further increase in activity across the North Shore, with sales building on February’s momentum. While this marks a more typical seasonal lift heading into spring, overall demand remains measured and well below the pace seen in stronger market cycles.

Both North and West Vancouver saw sales improve in March year-over-year, though the underlying dynamics continue to differ between the two markets. North Vancouver experienced a modest lift in available inventory, giving buyers more choice, while West Vancouver saw supply remain comparatively tight. Despite these differences, a common theme persists: buyers are highly selective and rarely act with urgency.

Looking at the first quarter as a whole, the North Shore market continues to track along a similar but slower pace than 2025. Sales were down by double digits in North Vancouver and only marginally changed in West Vancouver, despite a similar or slightly higher level of listing activity. This suggests that demand, rather than supply, remains the primary constraint on market momentum.

At a broader level, this aligns with the ongoing “wait-and-see” environment across Metro Vancouver, as economic uncertainty and borrowing conditions continue to temper buyer confidence.

As the spring market unfolds, it remains to be seen whether activity will accelerate or continue at a steady, selective pace. Early trends suggest both buyers and sellers are approaching the season with caution, keeping momentum measured for now.

March 2026 Market Stats

In North Vancouver, 184 sales were reported in March, up 36.3% from February and 8.2% higher than last year. Despite these gains, sales remained 29.5% below the 10-year March average.

New listings in North Vancouver were down 2.6% year-over-year, while total inventory increased 8.6%, ending the month with 926 homes for sale—54.3% above the 10-year average.

For all property types in North Vancouver, the March 2026 sales-to-active listing ratio was 19.9%. By property type, the ratios were: 15.6% for detached houses, 22.5% for apartments, and 18.7% for townhomes.

By price range, the March ratios were:

In West Vancouver, 46 sales were reported in March, up 39.4% from February and 15.0% higher than last year. Despite this increase, sales remained 42.2% below the 10-year March average.

New listings in West Vancouver rose 2.5% year-over-year, while total inventory declined 3.8%, finishing the month with 613 homes for sale—13.3% above the 10-year average.

For all property types in West Vancouver, the March 2026 sales-to-active listing ratio was 7.5%. By property type, the ratios were: 7.1% for detached houses, 10.1% for apartments, 7.7% for townhomes.

By price range, the March ratios were:

Sales. 

Explore all North Shore sales as soon as they’re reported, plus access our full database of sold real estate listings:

North Vancouver Sales >>    |    West Vancouver Sales >>

Planning a move this Spring?  We’d be happy to meet and discuss your goals and the market. Reach us at 604.983.2518, through the form on this page, or visit us at our office 110 East 1st Street, North Vancouver.

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March 2026 Listing & Sales Stats 

North Vancouver 

West Vancouver 

**Note: March 2026 HPI Price not available as of posting