BC Real Estate Association May Report
The BC Real Estate Association (BCREA) reports 6,945 residential MLS® sales in May 2025, down 13.5% from May 2024. The average price fell 4.2% to $959,058, compared to $1,001,341 a year earlier. Total sales volume reached $6.7 billion—a 17.1% drop—and was 26% below...
BC Housing Starts and Unit Sales In Around Town
September’s BC MLS® unit sales were 25 per cent lower than the ten-year average. Markets on Vancouver Island and in the North are recording more historically normal activity while the Lower Mainland and parts of the Interior lag behind. The BC Real Estate...
BC Home Sales Continue at Below Average Pace in Around Town
The BC Multiple Listing Service® (MLS® ) recorded 19% less residential sales in June 2024 compared to June 2023. For Vancouver Island (north of Victoria), active listings were up from 2,973 in June 2023 to 3,999 this June, with 18% sold, compared to 28% in...
BC Housing Relatively Calm Heading into Spring in Around Town
The BC Real Estate Association reports that a total of 5,497 residential unit sales were recorded in Multiple Listing Service® systems in February 2024, an increase of 15.3 per cent from February 2023. Despite 2023 recording the slowest pace for new real estate...
New Home Buyer Rescission Period in Around Town
Your Weekly Construction Briefing The new buyer protection initiative came into force January 3, 2023. The ‘cooling off period’ will allow buyers to change their minds within three days of having their offer accepted on resale or newly built homes. The...Get 8 FREE Issues!
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