2025 Second Quarter Housing Forecast
Posted by Adam Chahl on
Pent-up Demand Builds as Tariff Uncertainty Drives Buyers to the Sideline
BCREA 2025 Second Quarter Housing Forecast
Vancouver, BC – April 30, 2025
The British Columbia Real Estate Association (BCREA) released its 2025 Second Quarter Housing Forecast today.
Multiple Listing Service® (MLS®) residential sales in BC are forecast to fall 1.1 per cent to 73,650 units this year. In 2026, MLS® residential sales are forecast to move slightly higher, rising 8.8 per cent to 80,150 units.
“Hopes for a return to normalcy in the BC housing market were swiftly dashed this year, upended by a pointless and mutually destructive trade war,” said BCREA Chief Economist Brendon Ogmundson. “While there is significant pent-up demand in the market,…
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