RICHMOND AND GREATER VANCOUVER REAL ESTATE NEWS

BC Housing Market Activity Weakens Heading Into the Holidays

BC Housing Market Activity Weakens Heading Into the Holidays

Michael Cowling
Published on: 22/12/2025

BC residential real estate sales cooled in November 2025, with unit sales down 13.3% and the average price dropping 1.4% year-over-year to $965,914, according to BCREA data.

Market InsightsMarket UpdatesReal Estate News and Legislation
Uncertainty Continues to Hold Back Sales Activity in BC

Uncertainty Continues to Hold Back Sales Activity in BC

Michael Cowling
Published on: 10/11/2025

Navigating the BC real estate market in 2025? Get the latest insights from the British Columbia Real Estate Association (BCREA) on declining home sales and prices. Discover key stats for May 2025, including a 13.5% drop in residential unit sales and a 4.2% decrease in the average MLS price. Our expert team can help you strategize and succeed in this dynamic market.

Market UpdatesReal Estate News and Legislation
Second-Half Recovery in 2025 Sets Up a Brighter 2026

Second-Half Recovery in 2025 Sets Up a Brighter 2026

Michael Cowling
Published on: 03/09/2025

The latest BCREA Housing Forecast Update predicts a second-half recovery for BC's housing market in 2025, setting the stage for a stronger 2026 with a 10.7% increase in sales. Learn how returning market stability, stabilizing inventory, and diverse regional trends will impact home sales and prices across British Columbia.

Market InsightsMarket UpdatesReal Estate News and Legislation
Bank of Canada Interest Rate Announcement

Bank of Canada Interest Rate Announcement

Michael Cowling
Published on: 30/07/2025

The Bank of Canada held its overnight rate at 2.75% on July 30, 2025, amidst US tariffs, weakening GDP, and inflation risks. Discover how this decision impacts the Canadian economy, mortgage rates, and future rate cut expectations, with insights from BCREA's Chief Economist.

Market UpdatesInvestment and IncomeReal Estate News and Legislation
Tariff Fears Sideline Buyers in March

Tariff Fears Sideline Buyers in March

Michael Cowling
Published on: 07/03/2025

BC real estate market update for March 2025: Discover the latest report from BCREA on residential unit sales, average prices, and total sales volume across British Columbia. Understand the market trends, including a year-over-year decrease in sales and prices, and the economic factors influencing buyer activity.

Buying a HomeReal Estate News and Legislation