June 2026 North Shore Real Estate Market Update

Staying Balanced

With May’s numbers now in the books, we can see that the spring market of 2026 has not created a topic of conversation for dinner parties one way or another.  There are certainly some interesting tidbits – how North Vancouver is outperforming the rest of the region, how detached properties of certain types are holding strong, how prices in West Van continue to look relatively attractive.  For the most part, however, we are in a firmly “balanced” market making it a decent opportunity to either buy or sell property (or do both) without feeling unduly pressured on either side of the transaction.  Properties possessing traits that are highly desirable often prove to be the exception to this.  On those you are bound to find competition. 

Metro Vancouver – Market Snapshot

• Sales: 2,150 in May 2026, down 3.5% year over year and 26.6% below the 10-year seasonal average.
• New Listings: 6,115, down 7.6% year over year but 1.3% above the 10-year seasonal average.
• Total Active Listings: 16,917, down 1% year over year and 34.6% above the 10-year seasonal average.
• Sales-to-Active Ratio: 13.1% overall (Detached 10.7% | Attached 15.4% | Apartment 14.2%).
• Composite Benchmark Price: $1,100,700, down 6.2% vs May 2025 and up 0.2% vs April 2026.

Takeaway: The averages continue to hide the most important factor at play in today’s market: homes that are highly desirable continue to sell at good prices and sometimes with multiple offers, while properties on the opposite spectrum sell at significant discounts.   

📍 North Vancouver Market Snapshot

Sales are toward the lower end of the longer-term seasonal averages.  Prices pulled back slightly in May, but are performing better than most areas within the Lower Mainland. 

📍 West Vancouver Market Snapshot

Only 1 in approximately 15 homes currently listed sell in a typical month in West Vancouver.  Despite a bump up last month, prices remain firmly on a downtrend, offering opportunity for astute buyers.