B.C. home sales decline amid economic uncertainty

B.C. home sales decline amid economic uncertainty

British Columbia’s once red-hot real estate market appears to be cooling.

Inventory Growth Surpasses Sales Decline In BC Residential Market

British Columbia’s housing market opened 2025 on a different footing than it did a year earlier, as home buying activity slowed while listings and available inventory climbed.  Sales In Q1 2024, provincial home sales were on an upswing – 8.9% higher than in Q4 2023 and 0.6% above Q1 2023 levels. By contrast, the first quarter of 2025 saw transactions plunge 13.3% from Q4 2024 and sit 5.1% below year‐ago volume. The slide in sales coincided with …