The latest news from the B.C. Real Estate Association is about the “housing market activity strengthening into the closing months of 2025.”
This requires a little context, of course. It’s based on the graph that shows sales in all parts of the province are going in the right direction.
It’s also based on the fact that while sales increases are occurring in some parts of the province, it isn’t provincially universal. In many cases, as you can see in the second chart, the listing-price levels have something to do with sales.
And it’s based on comparisons from October 2024 to October 2025.
For example, year-to-year sales are up 34.5 per cent in the Kootenays, and down 25.8 per cent in Chilliwack. The average price increased by 10.4 per cent in Victoria and fell 8.5 per cent in the South Peace River.
Analyzing all the statistics led the BCREA to this conclusion:
“Sales activity in many regions of the province has recovered to pre-tariff levels, with more expensive regions continuing to lag behind,” said Chief Economist Brendon Ogmundson. “We expect demand to steadily enter the market as interest rates fall, driving a stronger final quarter of the year.”
Confirmation will come with the same statistical comparisons in January.