Insights

By property type in North Vancouver, sales of detached homes were down 9.9%, condos up 17.9% and townhomes up 18.2% from May 2025. In West Vancouver, sales of detached homes were down 31.1% and condos down 21.4% from May 2025. West Vancouver townhomes recorded 2 sales, compared with 5 in May 2025.

New listings totalled 559 in North Vancouver (down 0.4% from May 2025) and 214 in West Vancouver (down 4.9% from May 2025). Active listings at the end of May stood at 1,160 in North Vancouver (up 3.7% from May 2025 and 56.4% above the ten-year average for May) and 726 in West Vancouver (down 4.6% from May 2025 and 13.8% above the ten-year average for May).

The overall sales-to-active ratio in May was 19.1% in North Vancouver and 6.1% in West Vancouver. By property type, North Vancouver was 16.4% for detached homes, 19.4% for condos and 22.4% for townhomes; West Vancouver was 5.9% for detached homes, 7.0% for condos and 6.9% for townhomes. A ratio below 12% is often associated with downward pressure on prices, and one above 20% with upward pressure. The median home sold in 16 days in North Vancouver (10 a year earlier), at 96.6% of the original asking price, and in 24 days in West Vancouver (24 a year earlier), at 91.9%.

MLS® Home Price Index benchmark prices in May, compared with May 2025: North Vancouver detached homes down 5.8%, condos down 4.3%, townhomes down 5.0%; West Vancouver detached homes down 7.8% and condos down 12.7%. Benchmark prices were lower than a year earlier in every segment for which a benchmark is published.