Home Sales in B.C. Down Again in August Amid ‘Gradual Recovery,’ Association Says
BCREA said 5,653 homes sold on the Multiple Listing Service, a 4.7% drop from a year earlier, as prices eased and recovery continued.
- The British Columbia Real Estate Association reported 5,653 residential property sales last month, totaling $5.2 billion, though the real estate industry says a "gradual recovery" remains underway across British Columbia.
- Provincial home sales have been steadily climbing since January, when volume dropped below 5,200, though BCREA Chief Economist Brendon Ogmundson stated that sales "remain well below long-term averages."
- While The Okanagan experienced a 22 per cent sales drop, South Peace River recorded a 35 per cent jump, and the provincial average home price fell to just under $925,000.
- In Greater Vancouver, the average listing price was $1,213,418, down 1.3 per cent, while the Fraser Valley averaged $949,354 and Chilliwack prices rose 1.5 per cent to $746,289.
- Ogmundson expects the gradual sales recovery to continue, though he warned that new tariffs and a recent spike in long-term interest rates add a layer of risk to that scenario.
13 Articles
13 Articles
Slow but steady sales recovery continues in BC market: BCREA
THE British Columbia Real Estate Association (BCREA) reports that 5,653 residential unit sales were recorded in Multiple Listing Service (MLS) Systems in August 2026, down 4.7 per cent from August 2025. The average MLS residential price in BC in August 2026 was down 1 per cent at $924,826 compared to $925,917 in August 2025. Total MLS residential sales […]
Home sales in B.C. down again in August amid 'gradual recovery,' association says
British Columbia home sales fell again in August on a year-to-year basis, although the real estate industry says a "gradual recovery" is underway. The British Columbia Real Estate Association says there were 5,653 residential property sales last month on the Multiple Listing Service, a 4.7...
The Toronto Star
Home sales in B.C. down again in August amid ‘gradual recovery,’ association says
VANCOUVER - British Columbia home sales fell again in August on a year-to-year basis, although the real estate industry says a "gradual recovery" is underway.
Slow but Steady Sales Recovery Continues in the BC Market - British Columbia Real Estate Association
For the complete statistics release, including detailed tables, click here. Vancouver, BC – September 14, 2026. The British Columbia Real Estate Association (BCREA) reports that 5,653 residential unit sales were recorded in Multiple Listing Service® (MLS®) Systems in August 2026, down 4.7 per cent from August 2025. The average MLS® residential price in BC in August ...
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