BCREA 2025 Third Quarter Housing Forecast Update
Posted by Adam Chahl on
Second-Half Recovery in 2025 Sets Up a Brighter 2026
Vancouver, BC – August 21, 2025. The British Columbia Real Estate Association (BCREA) released its 2025 Third Quarter Housing Forecast Update today.
Multiple Listing Service® (MLS®) residential sales in BC are forecast to fall 2.2 per cent to 72,840 units this year. In 2026, MLS® residential sales are forecast to move higher, rising 10.7 per cent to 80,600 units.
“Trade-related uncertainty upended hopes for a more normal market through the first half of 2025,” said BCREA Chief Economist Brendon Ogmundson. “While provincial home sales remain weak overall, particularly in the Lower Mainland, many markets are now returning to long-run average sales activity and should head into 2026 with some…
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