Market Recovery Continues at an Uneven Pace Across BC
The British Columbia Real Estate Association (BCREA) reports that 4,271 residential unit sales were recorded in Multiple Listing Service® (MLS®) Systems in December 2025, down 5.9 per cent from December 2024. The average MLS® residential price in BC in December 2025 was down 5.6 per cent at $952,061
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Canadian Employment (December 2025)
Canadian employment was mostly unchanged from the previous month, with the economy gaining 8,200 jobs to 21.144 million in December. The employment rate held steady at 60.9 per cent, while the unemployment rate rose by 0.3 points to 6.8 per cent. Average hourly wages rose 3.4 per cent year-over-year
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BC Monthly Real GDP Estimate for October 2025 & Preliminary Estimate for November 2025
The BCREA Nowcast estimate for provincial economic growth, measured as year-over-year growth in real GDP, indicated a 1.4 per cent increase in October. By comparison, the Canadian economy saw a year-over-year growth of 0.4 per cent in October. Our preliminary estimate for November suggests a year-ov
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