September Market Update: A Slower Close to Summer 

 

Home sales in Metro Vancouver fell again in August, closing out a summer that came in softer than 2025. Sales were down 4.6% year-over-year, and 2026 is now on pace for the slowest first eight months on record going back to 2005. New listings also trailed last year's pace, but there's still plenty sitting on the market. Inventory remains well above the 10-year norm, so conditions are still firmly in buyers' favour.

Prices have followed suit. The benchmark price for all residential properties in Metro Vancouver is now $1,081,900, down 5.6% from a year ago. Detached homes saw the steepest pullback, down 7.2% year-over-year, while condos are down 6.6% and townhomes 4.4%.


The takeaway hasn't changed much from last month. Buyers have room to be selective right now, and the homes that are moving are the ones priced for today's market, not for where prices were a year or two ago. Softer prices and steady mortgage rates make this a good moment for buyers willing to act. If you've been waiting on the sidelines, let's talk it through.

Let's Discuss Your Strategy. 


This Horseshoe Bay half duplex is semi-waterfront and just steps from the park, restaurants, coffee shops and stores, right in the middle of one of the North Shore's most walkable communities. The three bed, three bath layout includes a primary suite with a full ensuite, walk-in closet and private balcony, and the open-plan main level is built for entertaining around a cozy gas fireplace. Downstairs you'll find a finished family room and plenty of storage, and it's only a 20-minute commute to downtown.

$1,625,000

| 3 Beds | 3 Baths | 1,688 Sq. Ft. | Built 1980

Get More Details/Schedule a Showing 


This one's completely renovated and truly move-in ready. Everything's been redone: new roof, windows, plumbing, hot water tank, flooring, and a full electrical upgrade with a new 200 amp panel. The kitchen has quartz counters and all-new appliances, and both bathrooms have been beautifully updated. It sits on a quiet street just a short stroll from Trail Bay's pebble beach, downtown shops and transit, with a scenic 40-minute ferry ride from Horseshoe Bay. A true turnkey Sunshine Coast home, just unpack and settle in.

$799,999

| 4 Beds | 2 Baths | 1,359 Sq. Ft. | 7,500 Sq. Ft. Lot | Built 1977 

Get More Details/Schedule a Showing



The views here are hard to beat: panoramic water views stretching from the Lions Gate Bridge, across the city and UBC, out into the Georgia Strait, all framed by floor-to-ceiling glass. There's over 3,000 sq. ft. of sun-drenched living space on a private 16,000 sq. ft. lot in the coveted Caulfield area, close to Lighthouse Park, Caulfield Village, West Van's top schools and some excellent hiking trails. It's been meticulously maintained and is ready for your own creative touch, a real hidden gem.

$2,650,000

| 4 Beds | 3 Baths | 3,072 Sq. Ft. | 0.37 Acre Lot | Built 1971 

Get More Details/Schedule a Showing 



What's on this September

Between the Lines: Angela Rae

West Vancouver Municipal Hall Through October 7 Angela Rae's debut solo exhibition brings raw, layered abstraction shaped by her move from city life to a mountainside home on the Sunshine Coast. A striking show for anyone who loves art with texture and a story behind it.


After Hours Thursdays

MONOVA Museum of North Vancouver Thursdays, weekly | 5:00pm – 8:00pm | Pay-What-You-Can Explore the museum after dark with pay-what-you-can admission every Thursday evening, a great low-key date night or family outing on the North Shore.


Walking With History: Shipyards

MONOVA Museum of North Vancouver Saturdays & Sundays through October | 11:00am & 1:00pm A 60-minute walking tour through North Van's iconic Shipyards District, uncovering stories of the workers at Burrard Drydock during WWII. Included with admission, all ages welcome.



Recently Sold




What Our Clients Say

★★★★★

"Sean and Kim are truly an incredible team, my wife and I can't recommend them enough. They went above and beyond at every step of the way during the search for and purchase of our new home. We really felt supported throughout the entire process and it was clear they always had our best interests at heart. They were also very collaborative and knowledgeable, and we appreciated how they were excellent communicators. Sean and Kim are also just lovely people and so friendly. We are extremely grateful to have had them as our realtors. Look no further than these two, you won't regret it!"

Andrew Weger, Google Review


Fall is a good time to plan ahead.

Whether you're weighing a move, curious what your home is worth in today's market, or just want to understand what these numbers mean for you, we're happy to have that conversation. No pressure, no pitch, just two people who've navigated slow markets before and know how to work through them.


Enjoy the rest of your September!