After months of quiet observation, the North Vancouver real estate market is showing strong signs of revival. What began with the return of first-time buyers purchasing affordable condos has now evolved into a wave of sellers upgrading to larger homes. This renewed movement has brought balance, optimism, and opportunity back into the local housing landscape.

For many, it feels like a fresh start — a moment where both buyers and sellers can take confident steps forward.

A Chain Reaction of Confidence

Every real estate recovery begins somewhere, and in Vancouver’s case, it started at the entry-level condo market. Lower interest rates and more attractive pricing have encouraged first-time buyers to take the plunge.

These early purchases have allowed condo owners to sell their starter homes and move up to townhouses or detached houses. In turn, those sellers are moving further up the property ladder — creating a ripple effect across multiple housing tiers.

This natural progression is what defines a balanced market: one where buyers and sellers are equally active, and transactions flow smoothly. For North Vancouver, that balance has been missing in recent years — but it’s making a strong return.

What’s Fueling the Market’s Comeback

Several factors are contributing to this newfound momentum:

1. Lower Interest Rates – After a period of aggressive hikes, rates have begun to ease, making mortgages more affordable and restoring buyer confidence.

2. Stabilized Pricing – Home prices have corrected to more realistic levels, attracting both investors and first-time buyers.

3. Increased Inventory – More listings are hitting the market, giving buyers greater choice and encouraging sellers to participate.

4. Lifestyle Shifts – Many homeowners are re-evaluating their living needs, prioritizing more space, home offices, and outdoor amenities.

These elements are combining to create what experts like North Vancouver Realtor Darcy McClary call a “moment of opportunity” — a phase where conditions are temporarily favorable for both sides of the transaction.

The Condo Effect: How It Started

The story of this rebound begins with condos — the most affordable segment of the market. When condo sales pick up, it signals the return of confidence at the grassroots level.

For months, many condo owners had felt “stuck.” Prices had dipped, and buyers were hesitant. But as soon as lower rates made financing easier, demand for condos started climbing again.

Once condo owners sold successfully, they became active buyers themselves — seeking townhomes and detached properties in areas like Lynn Valley, Central Lonsdale, and Deep Cove.

That’s how a healthy chain reaction began — one that’s now strengthening every tier of the market.

The Move-Up Market: Why It’s Growing

The “move-up” market — homeowners selling smaller properties to buy larger ones — is thriving again in North Vancouver. Sellers who had been waiting for years are finally in a position to upgrade.

This shift is not just financial; it’s aspirational. Families are looking for homes with more outdoor space, better school zones, and improved amenities. Young professionals who bought condos a few years ago are now investing in long-term family homes.

As Darcy McClary notes, “Once entry-level homes start selling, it frees everyone up the chain. The entire market breathes again.”

Signs of a More Balanced Market

So, what makes a market “balanced”? In simple terms, it’s when neither buyers nor sellers have a clear advantage — demand and supply align, and prices stabilize.

North Vancouver is now moving closer to that equilibrium. Homes are staying on the market for shorter periods, open houses are busier, and well-priced properties are attracting multiple offers again — though not at the frenzy of past years.

This stability builds confidence — the very foundation of a sustainable recovery.

Why Buyers Should Pay Attention

If you’re considering purchasing property in North Vancouver, this is your moment to act.

Here’s why:

• Affordability Has Improved: With prices still below their peak and mortgage rates softening, your buying power is stronger than it was even a year ago.

• More Choice: The market now offers a healthy mix of condos, townhomes, and detached homes across desirable neighborhoods.

• Long-Term Value: North Vancouver’s strong community appeal, school system, and scenic lifestyle ensure that property values hold steady over time.

It’s not about rushing in; it’s about recognizing timing. The bottom may have passed — and the gradual upward movement could already be underway.

Why Sellers Have Reasons to Smile

For sellers, the current rebound is equally encouraging. If you’ve been waiting for the “right time” to sell your condo or townhouse, this is it.

With demand increasing, you’re likely to see stronger offers and shorter selling times. More importantly, the improved flow of transactions means you can sell your current property and move into your next dream home more seamlessly.

This balance — where sellers can sell confidently and buy affordably — is rare in real estate cycles. Smart sellers are seizing it.

Expert Guidance Matters

In markets like these, experience counts. An expert Realtor such as Darcy McClary, with decades of local insight, can help clients navigate timing, negotiations, and pricing strategy.

From identifying undervalued properties to preparing listings that stand out online, professional guidance can make a major difference in outcomes.

McClary’s in-depth understanding of North Vancouver neighborhoods, combined with a client-focused approach, ensures buyers and sellers make confident, informed decisions.

Tips for Buyers and Sellers in 2025

Even as optimism returns, strategy remains key. Here’s how both sides can make the most of the current conditions:

For Buyers:

• Get pre-approved before you start searching.

• Don’t wait for prices to rise again — look for well-priced homes now.

• Work with an agent who knows local market timing and neighborhood nuances.

For Sellers:

• Price strategically — slightly below market average to spark interest.

• Invest in small upgrades like painting and staging for a stronger impression.

• Be flexible with conditions — it helps attract serious buyers faster.

Looking Ahead: What’s Next for North Vancouver

The signs of a rebound are clear — but where does the market go from here?

Experts predict steady, sustainable growth rather than rapid spikes. That’s actually good news. It means the North Vancouver real estate market is becoming healthier and more predictable, not just temporarily hot.

As more homeowners feel comfortable making moves, and as interest rates remain stable, this upward momentum should continue into next year.

Whether you’re buying your first condo or upgrading to your forever home, the message is the same: the North Shore’s housing market has reawakened, and opportunity is in the air.

FAQs

1. What’s driving the market rebound in North Vancouver?
Rising condo sales, lower interest rates, and renewed buyer confidence are the main forces behind the rebound.

2. Is it a good time to sell my condo or townhouse?
Yes — with demand increasing and prices stabilizing, it’s an excellent time to sell and move up to your next property.

3. How do lower interest rates affect buyers?
They increase affordability by reducing monthly mortgage payments, allowing more buyers to qualify for loans.

4. Are home prices still falling?
No. Prices have mostly stabilized and, in some segments, are beginning to edge up as activity increases.

5. Should I wait for the market to rise more before buying?
Waiting too long can mean paying higher prices later. Buying during early recovery stages usually offers the best value.

More Reads

Discover more expert insights and real estate guidance from North Vancouver’s trusted property professional:

• FAQs: Darcy McClary – An Award-Winning Realtor in North Vancouver

• Top North Vancouver Realtor Darcy McClary: Trusted Real Estate Expert

As the leaves turned golden this October, the North Vancouver real estate market showed a beautiful mix of balance and opportunity. Whether you’re buying, selling, or just keeping an eye on what’s happening locally, October’s numbers give us a clear look at how our market is moving across communities like Deep Cove, Dollarton, Indian River, Roche Point, and Blueridge.

The latest data from the Real Estate Board of Greater Vancouver shows that while conditions have shifted slightly, North Vancouver continues to remain one of the most desirable areas to call home. Let’s take a look at what stood out this month.

A Balanced Yet Active Market

Overall, North Vancouver continues to sit in a balanced to mildly active market zone:

• Detached homes: 20.1% sales-to-active listings ratio

• Townhomes: 24.3%

• Condos: 17.4%

These figures mean the market is healthy - neither overly competitive nor slow. Sellers still have great opportunities, and buyers now have a little more breathing room to make thoughtful decisions.

We also saw a small increase in total listings: up 14% for detached homes and 6.7% for condos compared to last year. This extra inventory gives buyers a few more choices, which is always a welcome change after a few tight years.

Detached Homes: Holding Steady and Showing Confidence

Detached homes continue to define the North Vancouver market. In October, there were 77 sales from 383 active listings, with an average of 31 days on market - just slightly higher than this time last year.

The benchmark price for detached properties sits at $2,151,000, a modest 0.7% increase year-over-year. This stability shows that the market remains confident, especially in sought-after areas where well-maintained homes continue to draw solid offers.

Here’s how some neighbourhoods performed this month:

• Deep Cove: 6 sales | Benchmark: $1,930,000 (+2.5%)

• Dollarton: 1 sale | Benchmark: $2,500,200 (+3.0%)

• Indian River: holding strong at $1,969,400 (+4.0%)

• Roche Point: $1,797,700 (+3.7%)

• Blueridge: $2,165,300 (+2.7%)

Detached homes remain a steady choice for families and professionals who value community, space, and access to nature. If your home is priced right and presented well, there are still many eager buyers looking to make North Vancouver their home.

Townhomes: A Smart Middle Ground

Townhomes continue to attract strong interest from both upsizers and downsizers who want comfort and convenience without the maintenance of a large detached property.

In October, there were 33 sales out of 136 active listings, and the benchmark price landed at $1,287,200. That’s a 5.7% dip from last year, but the segment remains very active, especially in family-oriented communities.

Neighbourhood highlights:

• Indian River: $966,800 (+7.1%)

• Northlands: $1,060,400 (+4.6%)

• Roche Point: $820,200 (+3.5%)

• Lynn Valley: $904,300 (-1.6%)

Townhomes are still one of the best ways to enjoy the North Shore lifestyle - access to parks, trails, and great schools - all while staying connected to Vancouver’s urban conveniences.

Condos: More Options, Solid Demand

The condo market continues to perform steadily, giving buyers more variety and value than we’ve seen in recent years. October recorded 33 condo sales from 136 listings, with a benchmark price of $786,200, just 0.5% lower than last year.

While prices softened slightly, demand remains solid, especially for move-in-ready units and those near transit and amenities.

Neighbourhood insights:

• Lower Lonsdale: 26 sales | $777,300 (+2.0%)

• Indian River: $1,377,900 (+7.1%)

• Roche Point: $1,303,500 (-6.8%)

• Lynn Valley: $1,078,000 (-7.7%)

Condos continue to be a popular choice for first-time buyers and investors alike. With interest rates stabilizing, I’m seeing more people return to the market this fall - especially those who had paused earlier in the year.

Neighbourhood Snapshot: What’s Moving

One of the things I love most about North Vancouver is how distinct each neighbourhood feels - and this month’s trends really reflect that personality.

• Deep Cove & Dollarton: Homes near the water remain in high demand, and even with fewer listings, prices are edging upward.

• Indian River & Roche Point: Consistent, healthy activity. Great for families looking for balance between nature and convenience.

• Blueridge & Lynn Valley: Still strong favourites for families and first-time buyers. Homes here continue to move quickly when priced right.

• Edgemont & Canyon Heights: Higher-end detached markets that remain stable and continue to attract move-up buyers.

No matter which pocket of the North Shore you’re in, our community’s overall stability and lifestyle appeal continue to keep the market vibrant.

My Take on the October Market

October really felt like a return to balance. We’re not seeing the bidding wars of the past few years, but demand remains steady. Sellers who price smartly and buyers who come prepared are both finding success right now.

Local expertise matters more than ever - every neighbourhood in North Vancouver moves differently. Whether it’s a view property in Deep Cove, a townhome in Indian River, or a condo in Lower Lonsdale, understanding the unique rhythm of each area is key to making a great real estate decision.

Looking Ahead to November and Beyond

As we head toward the holiday season, things typically slow down just a bit - but North Vancouver’s real estate market continues to hold steady. Inventory remains healthy, and with mortgage rates expected to stay consistent, I expect to see a balanced close to 2025.

If you’re thinking of buying or selling early next year, this is the perfect time to start preparing. Understanding current trends and getting a professional market evaluation can help you step into 2026 with confidence.

Thinking About Your Next Move?

Whether you’re buying your first condo, upgrading to a family home, or ready to downsize, I’d love to help you navigate the process. My goal is always to make real estate simple, informed, and stress-free.

📞 Let’s chat about your goals in the Vancouver Real Estate market!
I can help you understand where the best opportunities are right now - and how to make the most of them.

More Reads

• FAQs: Darcy McClary – An Award-Winning Realtor in North Vancouver

• Top North Vancouver Realtor Darcy McClary: Trusted Real Estate Expert

The real estate landscape in Greater Vancouver and North Vancouver appears to be turning a crucial corner. After several months of uncertainty, falling prices, and buyer hesitation, the market seems to be stabilizing - and even showing early signs of growth. For buyers and sellers alike, this shift marks a welcome change toward a more balanced and active housing market.

A Market in Transition

For the first time in years, low-cost condos are driving movement in the market. Condo owners who had been waiting on the sidelines are now able to sell their properties at reasonable prices, giving them the financial flexibility to purchase their next, more expensive homes.

This chain reaction is breathing life into higher price brackets as well - sellers of mid-range homes can now move up to even larger properties, creating a healthy cycle of real estate activity.

In short, the Vancouver real estate market is moving again. After a long stretch of sluggishness, the combination of affordable pricing and lower interest rates has set the stage for new opportunities.

Have We Reached the Bottom?

It certainly feels like we may have. Over the past year, home prices across Vancouver and the North Shore saw notable corrections, bringing them down from their record highs. Meanwhile, interest rates have started to ease slightly after several aggressive hikes.

For many local buyers, that’s a signal of hope. When both prices and borrowing costs align favorably, it becomes a rare window of opportunity to enter or upgrade within the housing market.

If you’ve been sitting on the fence waiting for “the right time,” this might be it. As seasoned North Vancouver Realtor Darcy McClary often advises, “The best opportunities come just as the market begins to rise again - not after.”

Why Sellers Are Becoming Buyers Again

When market confidence returns, the dynamic between buyers and sellers changes dramatically. Sellers who once hesitated to list their homes - fearing they wouldn’t get the right price - are now more optimistic.

With entry-level condos selling steadily, sellers are turning into buyers. They’re using the equity gained from their first homes to purchase more spacious houses in desirable neighborhoods like Deep Cove, Lynn Valley, and Edgemont Village.

This domino effect not only stimulates the market but also creates a sense of momentum -something that Vancouver real estate hasn’t seen in quite some time.

What This Means for Buyers

If you’re a buyer right now, you may be in a sweet spot. Prices are still comparatively low, and competition is not as fierce as it was during peak years.

To make the most of this period:

• Get pre-approved for a mortgage to secure favorable interest rates while they last.

• Work with an experienced local realtor like Darcy McClary, who understands neighborhood trends and pricing nuances.

• Act decisively - waiting too long could mean missing the bottom entirely as the market gains momentum.

Remember: once confidence returns broadly, prices can rise quickly.

What This Means for Sellers

Sellers are also in a promising position. While it’s not yet a full-scale seller’s market, activity levels are increasing. Buyers are more engaged, showings are picking up, and the average days-on-market are gradually shortening.

If you’re considering selling your condo or townhouse, now is an ideal time to capitalize on renewed buyer interest. Pricing strategically - slightly ahead of the curve - can position you for multiple offers as the spring and summer seasons approach.

Plus, if your plan is to “move up” to a larger home, the price gap between property tiers is narrower than it’s been in years. That makes upgrading more affordable than during boom cycles.

Expert Insight: Why Timing Matters

Every real estate cycle has its bottom, and recognizing it early makes a significant difference. Historically, when prices stabilize and sales start increasing in lower segments (like condos), the rest of the market follows within months.

Right now, that pattern is emerging clearly in North Vancouver - a region known for its resilience and long-term property value. Buyers who enter the market at this point are likely to see appreciation as confidence strengthens and demand returns.

Navigating the Shift: Practical Tips

• Stay updated on local data, not just national trends. Vancouver’s market behaves differently than other Canadian cities.

• Buy for value, not just for price. Focus on neighborhoods with strong long-term growth potential.

• For sellers: present your home beautifully - small upgrades, staging, and professional photography can make a big difference.

• For buyers: have financing, inspections, and decision-making streamlined. Speed counts in a recovering market.

The Road Ahead

The coming months will reveal whether this early activity turns into a sustained recovery. However, indicators are pointing in the right direction. With lower interest rates, increased mobility among condo sellers, and growing buyer optimism, Vancouver’s market seems to have rediscovered its rhythm.

Both buyers and sellers can benefit - but timing, preparation, and the right guidance remain key.

 FAQs

1. Is Vancouver’s real estate market improving?
Yes. Sales of lower-priced condos are increasing, signaling renewed activity and more balanced conditions in Greater Vancouver and North Vancouver.

2. Should I buy a home now or wait?
If you’re financially ready, now is a good time. Prices have softened, and interest rates are favorable - conditions that may not last as the market strengthens.

3. Is it a good time to sell my condo?
Yes, particularly if you plan to move up to a larger home. Demand for condos has revived, allowing sellers to transition smoothly.

4. Why is the market considered ‘balanced’?
Because both buyers and sellers have opportunities - homes are selling at fair prices, and supply is aligning with steady demand.

5. How can a realtor help during this phase?
An experienced realtor like Darcy McClary provides insight into local price trends, negotiates the best deals, and ensures your timing and strategy align with current conditions.

 More Reads

If you found this article helpful, explore more insights about real estate in North Vancouver:

• FAQs: Darcy McClary – An Award-Winning Realtor in North Vancouver

• Top North Vancouver Realtor Darcy McClary: Trusted Real Estate Expert