Although these market statistics are from last month, this information can give you some insight into the overall market health. Click the links below for more details. 

Summary of REBGV Market Statistics - September 2023

In September 2023, the Metro Vancouver housing market experienced a slowdown in price gains due to a seasonal decrease in sales and a modest increase in inventory levels. Residential home sales increased by 13.2% compared to September 2022 but were 26.3% below the 10-year average. Higher mortgage rates discouraged some homeowners from listing their properties earlier in the year, resulting in low inventory and price increases during the spring and summer months. However, in September, 28.4% more homes were listed for sale than in the previous year. The total number of homes listed for sale also increased by 9.2% compared to September 2022. The market appears to be balancing out, with a sales-to-active listings ratio of 17.7%, suggesting more balanced conditions compared to the earlier months. The composite benchmark price for residential properties in Metro Vancouver is $1,203,300, showing a 4.4% increase from September 2022. Click the links below for more details. 

REBGV Market Statistics - September 2023

Current & Historical Interest Rates 

North Vancouver Report

 West Vancouver Report

 HPI - North Vancouver Detached

















 HPI - North Vancouver Townhomes
 
HPI - North Vancouver Apartments

% of Original Ask Price - North Vancouver Detached

% of Original Ask Price - North Vancouver Attached

% of Original Ask Price - North Van Apartments

Average Days On Market - North Van Detached

Average Days On Market - North Van Attached

Average Days On Market - North Van Apartments

Absorption Rate  - North Van Detached

Absorption Rate - North Vancouver Attached

Absorption Rate - North Vancouver Apartments

Total Inventory Detached - North Vancouver
 
Total Inventory Attached - North Vancouver
  
Total Inventory Apartments - North Vancouver