BC Housing Market Activity Strengthening into the Closing Months of 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 com

Canadian Employment (October 2025)

Canadian employment increased by 0.3 per cent from the previous month, with the economy gaining 67,000 jobs to 21.082 million in October. The employment rate rose by 0.2 points to 60.8 per cent, while the unemployment rate dropped by 0.2 points to 6.9 per cent. Average hourly wages rose 3.5 per cen

A Strong Finish to 2025 Sets Up a Brighter 2026 for the BC Housing Market BCREA 2025 Fourth Quarter Housing Forecast

Multiple Listing Service® (MLS®) residential sales in BC are forecast to fall 2.7 per cent to 72,435 units this year. In 2026, MLS® residential sales are forecast to move higher, rising 12.8 per cent to 81,700 units. “After lofty expectations heading into the year, both the 2025 economy and housin