BC Housing Market Activity Strengthening into the Closing Months of 2025.
Vancouver, BC – November 12, 2025.
The British Columbia Real Estate Association (BCREA) reports that 6,374 residential unit sales were recorded in Multiple Listing Service® (MLS®) Systems in October 2025, down 10.2 per cent from October 2024. The average MLS® residential price in BC in October 2025 was up 0.8 per cent at $978,658 compared to $970,483 in October 2024.
Total MLS® residential sales dollar volume was $6.2 billion, down 9.4 per cent from the same time the previous year. BC MLS® unit sales were 17.1 per cent lower than the ten-year average for the month of October.
“Sales activity in many regions of the province has recovered to pre-tariff levels, with more expensive regions continuing to lag behind,” said BCREA Chief Economist Brendon Ogmundson. “We expect demand to steadily enter the market as interest rates fall, driving a stronger final quarter of the year.”
Year-to-date, BC residential sales dollar volume is down 7.5 per cent to $58 billion, compared with the same period in 2024. Residential unit sales are down 4.8 per cent year-over-year at 60,954 units, while the average MLS® residential price is also down 2.8 per cent to $952,273
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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.