
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 housing
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Canadian Economic Growth (August 2025)
Canadian real GDP contracted by 0.3 per cent in August after increasing by 0.3 per cent in July. Goods-producing sectors fell by 0.6 per cent, while service-producing industries decreased by 0.1 per cent. Detractors from growth were led by utilities (-2.3 per cent), transportation and warehousing (-
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BC Monthly Real GDP Estimate for August 2025 & Preliminary Estimate for September 2025
The BCREA Nowcast estimate for provincial economic growth, measured as year-over-year growth in real GDP, indicated a 1.5 per cent increase in August. By comparison, the Canadian economy saw a year-over-year growth of 0.7 per cent in August. Our preliminary estimate for September suggests a year-ove
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