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Real Estate Association Forecasts B.C. Home Sales to Slide 4.5 per Cent This Year
- The British Columbia Real Estate Association expects home sales to fall 4.5% from 2025 levels, reaching just over 67,000 units.
- Chief Economist Brendon Ogmundson said buyers hesitated because of an oil-price shock, trade tensions, slower immigration, and higher interest rates.
- Elevated listings and new-home inventory are expected to push the average home price down 1.2%, to just over $941,000.
- The association projects a 7.2% sales recovery in 2027.
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Real estate association forecasts B.C. home sales to slide 4.5 per cent this year
The B.C. Real Estate Association expects home sales in the province to continue to slide this year, warning of “mounting headwinds” for the market, while hoping for a pick-up in both prices and sales in 2027.
·Toronto, Canada
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<em>BCREA 2026 Fourth Quarter Housing Forecast</em>: Housing Activity Expected to Rise in 2027 Amidst Persistent Economic Challenges - British Columbia Real Estate Association
To view the full interactive BCREA Housing Forecast, click here. To download the PDF, click here. Vancouver, BC – November 10, 2026. The British Columbia Real Estate Association (BCREA) released its 2026 Fourth Quarter Housing Forecast today. Multiple Listing Service® (MLS®) residential sales in BC are forecast to fall 4.5 per cent to 67,025 units this year. In ...
Coverage Details
Total News Sources6
Leaning Left3Leaning Right0Center2Last UpdatedBias Distribution60% Left
Bias Distribution
- 60% of the sources lean Left
60% Left
L 60%
C 40%
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