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BC Home Sales Gain Momentum, Anticipate Pent-Up Demands will Finish The Year Strong


Under Market Updates, Real Estate

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October 20th, 2025

Vancouver, BC – October 15, 2025. The British Columbia Real Estate Association (BCREA) reports that 5,782 residential unit sales were recorded in Multiple Listing Service® (MLS®) Systems in September 2025, up 4.4% from September 2024. The average MLS® residential price in BC in September 2025 was up 0.4% at $948,296 compared to $944,298 in September 2024.

Total MLS® residential sales dollar volume was $5.5 billion, up 4.8% from the same time the previous year. BC MLS® unit sales were 21.4%lower than the ten-year average for the month of September.

“Home sales in the province are gaining momentum following a slow first half of 2025,” said BCREA Chief Economist Brendon Ogmundson. “We anticipate sales will finish the year strong, aided by lower interest rates helping to unleash pent-up demand.”

Year-to-date, BC residential sales dollar volume is down 7.3% to $51.8 billion, compared with the same period in 2024. Residential unit sales are down 4.2% year-over-year at 54,594 units, while the average MLS® residential price is also down 3.3% to $949,203.

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

BC Home Sales Gain Momentum in September by Brendon Ogmundson | Chief Economist | BCREA

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