Q3 [July-Sept] 2026

Oct. 5, 2026

A Fall Market Still Searching for Direction

September brought the expected return of activity following the quieter summer months, but the fall market has yet to establish a clear direction. New listings increased from August in both North and West Vancouver, although they remained below the levels seen last September. Sales, however, moved in very different directions, with North Vancouver experiencing a notable decline while West Vancouver recorded an increase.

These differences highlight how difficult it remains to characterize the market as a whole. The buyer pool remains selective, and individual properties are producing very different results depending on pricing, condition and how broadly they appeal to buyers. 

Detached homes have generally shown more resilience than strata properties, with condos remaining the weakest segment of the market. In North Vancouver, apartment sales were down 47.5% from last September, continuing a pattern we have seen throughout the year. This may reflect changing sentiment toward condos, or simply that pricing has not yet shifted enough to resonate with buyers.

Looking ahead, there are a number of factors that could influence buyer and seller behaviour through the remainder of the year. Fixed mortgage rates have been edging higher, which could put further pressure on affordability, particularly if variable rates also begin to move higher. The upcoming municipal and provincial elections add another layer of uncertainty. Housing affordability remains a significant issue at both levels of government, and the policies and priorities that emerge from the elections could have an impact on market sentiment and conditions moving forward.

September 2026 Market Stats

In North Vancouver, 126 sales were reported in September, down 20.3% from last year and 30.8% below the 10-year average for the month.

New listings were down 7.7% year-over-year, while total inventory decreased 7.8%, ending the month with 1,027 homes for sale. Although inventory has declined from last year, it remained elevated compared with historical levels, sitting 28.1% above the 10-year average for September.

Across all property types in North Vancouver, the September 2026 sales-to-active listing ratio was 12.2%.

By property type, the ratios were: 15.2% for detached houses, 8.6% for apartments, and 13.3% for townhomes.

By price range, the September ratios were:

In West Vancouver, 60 sales were reported in September, up 17.6% year-over-year and 11.1% above the 10-year average for the month.

New listings were down 36.4% year-over-year, while total inventory declined 21.7%, ending the month with 611 homes for sale. This marked a substantial reduction in available inventory compared with last year, although levels remained 8.9% above the 10-year average for September.

Across all property types, the September 2026 sales-to-active listing ratio was 9.8%. 

By property type, the ratios were: 8.9% for detached houses, 12.6% for apartments, 12.5% for townhomes.

By price range, the September 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?  Whether you’re considering buying, selling, or simply want to understand how the market may impact your plans, we’d be happy to share our perspective and help you prepare for what’s ahead. 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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September 2026 Listing & Sales Stats 

North Vancouver 

West Vancouver 

*HPI Price not available