09/25/2026
Home sales remain low but recovering slowly, says BCREA
While the latest BCREA figures show that residential home sales across British Columbia dipped by 4.8% in August, reaching $5.2 billion, there’s a sense of careful optimism in the air as the market works through its gradual recovery. The average price settled at $924,826—a 1% decrease—while the sales volume slipped 5.5% to 46,069 homes. In Greater Vancouver, prices edged down 1.3% and sales eased by 3.6%. For those of us in the Tri City areas, as well as surrounding communities like Burnaby, New Westminster, and Maple Ridge, these numbers are more than just statistics—they reflect the real experiences of buyers and sellers navigating the shifting landscape. Staying closely tuned to these trends is key to making smart decisions, whether you’re considering your next move or simply keeping an eye on the market.
https://www.roomvu.com/agent-news/june-wharrie/2057518-Home-sales-remain-low-but-recovering-slowly%2C-says-BCREA