Vancouver, BC – July 14, 2025. The British Columbia Real Estate Association (BCREA) reports that 7,162 residential unit sales were recorded in Multiple Listing Service® (MLS®) Systems in June 2025, up 1.3% from June 2024. The average MLS® residential price in BC in June 2025 was down 4.2% at $954,065 compared to $995,614 in June 2024.

The total sales dollar volume was $6.8 billion, a 3% decrease from the same time the previous year. BC MLS® unit sales were 23% lower than the ten-year June average.

“Many regional housing markets across BC remained resilient through the second quarter, with only the Lower Mainland falling below sales activity from the previous year,” said BCREA Chief Economist Brendon Ogmundson. “Until broader uncertainties are resolved, we expect overall housing activity in the most expensive areas of the province to continue lagging behind other regions that have steadily recovered since the onset of tariff uncertainty.”

Year-to-date, BC residential sales dollar volume is down 11% to $34.2 billion, compared with the same period in 2024. Residential unit sales are down 7.1% year-over-year at 35,847 units, while the average MLS® residential price is also down 4.2% to $954,241.

Click here for the complete news release, including detailed statistics.

Most Regions in BC See Stronger Sales in June by Brendon Ogmundson | Chief Economist | BCREA