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Market Update.

Market Update.
BC Home Sales Gain Momentum in September.

Vancouver, BC – October 15, 2025.


The British Columbia Real Estate Association (BCREA) reports that 5,782 residential unit sales were recorded in Multiple Listing Service® (MLS®) Systems in September 2025, up 4.4 per cent from September 2024. The average MLS® residential price in BC in September 2025 was up 0.4 per cent at $948,296 compared to $944,298 in September 2024.
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Total MLS® residential sales dollar volume was $5.5 billion, up 4.8 per cent from the same time the previous year. BC MLS® unit sales were 21.4 per cent lower than the ten-year average for the month of September.

“Home sales in the province are gaining momentum following a slow first half of 2025,” said BCREA Chief Economist Brendon Ogmundson. “We anticipate sales will finish the year strong, aided by lower interest rates helping to unleash pent-up demand.”

Year-to-date, BC residential sales dollar volume is down 7.3 per cent to $51.8 billion, compared with the same period in 2024. Residential unit sales are down 4.2 per cent year-over-year at 54,594 units, while the average MLS® residential price is also down 3.3 per cent to $949,203.


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Reciprocity Logo The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.