North Vancouver Brief — November 2026

North Vancouver Brief

NORTH VANCOUVER REAL ESTATE & NEIGHBOURHOOD NOTES · NOVEMBER 2026

Hi neighbour, after a quieter September, North Vancouver buyers came back in October, even with a surprise rate hike and a snap election in the headlines. Here's what moved, what Ottawa's new budget could mean for housing, and where to find a little holiday cheer down at the Shipyards.

See what sold near you in October

Every North Vancouver sale from last month: addresses, prices and how long they took to sell.

View October's sold homes

01 · MARKET PULSE

October in review

Sales up 33% from September · Down 11% from last October · Prices easing slightly

167

HOMES SOLD

$1.28M

BENCHMARK PRICE

17%

SALES-TO-ACTIVE RATIO

02 · AROUND TOWN

The Shipyards Christmas Market returns

Shipyards Christmas Market · Nov 27 to Dec 24. Free to attend with no timed tickets: artisan huts, food vendors, live entertainment and visits with Santa. Open 11 am to 9 pm Sunday to Thursday and until 10 pm on Fridays and Saturdays, then 11 am to 10 pm through Christmas week (closing at 8 pm on Christmas Eve).

Free skating at the Shipyards rink. The City-run rink is open daily from noon to 8 pm with no bookings or session fees. Bring your own skates or rent a pair on site (youth size 4 and up).

03 · BUDGET WATCH

Foreign buyer ban lifting on new homes

Ottawa is lifting the foreign buyer ban on newly built homes. The federal budget tabled November 5 exempts new construction from the ban, while extending it on existing homes to January 1, 2029. The budget also proposes raising the price cap on insured mortgages from $1 million to $1.5 million, with 30-year amortizations for first-time buyers or new builds. Both changes still need legislation to take effect, and BC's 20% foreign buyer tax in Metro Vancouver stays in place. If you're weighing a move in 2027, I'm happy to walk you through how this could affect your plans. Read the full story →

Luke Annunziello

REALTOR® · Oakwyn Realty | Saretsky Group
Top 1% of all Realtors in Greater Vancouver
778-951-5853 · saretskygroup.com

Thinking of buying or selling?

Let's talk about what October's market means for you — no pressure, ever.

Call 778-951-5853

Email me

Oakwyn Realty Ltd. · 3195 Oak Street, Vancouver, BC V6H 2L2
You're receiving this because we've connected about North Shore real estate.

About Luke

Luke is a real estate professional with a distinguished career as a realtor since 2019, specializing in the Greater Vancouver market. His expertise extends beyond traditional real estate services, as he possesses a comprehensive understanding of property renovations, accumulated over a period of seven years. Clients appreciate Luke for his friendly nature and ability to establish rapport, making complex transactions more accessible.

Luke is a part of the esteemed Saretsky group which is part of the top 1% of all realtors in Vancouver. This affiliation with the Saretsky group translates into a range of benefits for his clients. From market expertise and extensive networks to enhanced marketing capabilities and exclusive opportunities, Luke can provide a superior level of service and results for those seeking assistance in the competitive Vancouver real estate market.

When not doing real estate transactions you can find him playing hockey, snowboarding on the mountains or spending time with his wife and daughter. Whether navigating the dynamic Vancouver market or incorporating renovation insights into property dealings, Luke stands as a reliable and professional ally, ensuring a seamless and positive experience for his clientele.

Whether you're looking to buy or sell a property in North Vancouver or elsewhere in Vancouver, Luke is the agent you can trust to guide you through the process and achieve your goals.

Luke Annunziello North Vancouver Realtor®