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B.C. Residential Unit Sales up in July but Down Year-to-Date, Association Says (BC)

  • Sales of homes in British Columbia increased by 2.2% in July 2025 compared to July 2024, with approximately 7,000 residential units sold.
  • Year-to-Date sales showed about 43,000 homes sold, which is a decrease of 5.7% from 2024 levels.
  • The average residential unit price in July fell by 2.1% to $942,686, while total sales volume remained at $6.7 billion.
  • Brendon Ogmundson, chief economist, stated that the market is gaining momentum as tariff uncertainties fade, except in the Lower Mainland.
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B.C. residential unit sales up in July but down year-to-date, association says

VANCOUVER — Sales of homes in British Columbia grew in July compared with the same month last year, but year-to-date numbers show transactions remain slower.

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  • 71% of the sources lean Left
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The Record broke the news in Waterloo, Canada on Wednesday, August 13, 2025.
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