North Shore Market Timing: Finding the Floor in a 11-Month Price Slide

• The Trend: Composite benchmark prices have receded for 11 straight months, currently sitting 6.8% below last year’s peak.

• The Strategy: High inventory levels (up 6.3%) have shifted the power dynamic, moving the North Shore toward a definitive Buyer’s Market.

• Bottom Line: Precision timing is a myth; the real ROI right now is found in the ability to negotiate price and subjects - leverage we haven’t seen in years.

The most frequent question I'm getting at coffee shops in Lonsdale and Dundarave right now is: "How much lower can it go?" We are currently witnessing a rare 11-month streak of price softening across Greater Vancouver. For a numbers-driven buyer, this creates a psychological hurdle—the fear of catching a falling knife. However, as an analyst, I look at the "cost of waiting" versus the "benefit of selection."

In a standard North Shore cycle, when prices finally "hit bottom," inventory usually vanishes instantly as buyers rush back in. Right now, we have a unique window where inventory is high (37% above the 10-year average) but competition is low. This means you aren't just buying a home; you are buying the right to perform due diligence, negotiate repairs, and secure a price that reflects the current reality. If you wait for the headlines to shout "Market Rebounds," you've already missed the window of maximum leverage.

Greater Vancouver & North Shore Data

  • Composite Benchmark Price: $1,100,300 (▼ 6.8% YoY)

  • Total Active Listings: 13,545 (▲ 6.3% YoY)

  • Sales-to-Active Ratio: 12.6% (▼ Down from 18% in 2025)

  • Days on Market: 42 (▲ 14.5% - Giving buyers more time to decide)

Matt Council North Vancouver Realtor

About Matt Council

Matt Council is a top-performing North Vancouver Realtor and West Van specialist with a background in finance. He moves beyond the sales hype to offer clients a data-driven, pressure-free approach to buying and selling real estate on the North Shore. Whether you are evaluating a presale in Lower Lonsdale or a detached home in Lynn Valley, Matt helps you understand the numbers behind the move.

Thinking of making a move? Let’s run the numbers.

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Market Update | March 2026

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