{"id":27227,"date":"2026-02-18T10:10:52","date_gmt":"2026-02-18T18:10:52","guid":{"rendered":"https:\/\/www.roryc.ca\/blog\/?p=27227"},"modified":"2026-02-11T08:06:21","modified_gmt":"2026-02-11T16:06:21","slug":"bc-housing-market-kicked-off-2026-with-weak-activity-sales-decrease-22-9-price-down-1-9","status":"publish","type":"post","link":"https:\/\/www.roryc.ca\/blog\/2026\/02\/bc-housing-market-kicked-off-2026-with-weak-activity-sales-decrease-22-9-price-down-1-9\/","title":{"rendered":"BC Housing Market Kicked Off 2026 with Weak Activity, Sales Decrease 22.9% &#038; Price Down 1.9%"},"content":{"rendered":"<p style=\"text-align: justify;\">Vancouver, BC \u2013 February 11, 2026. The British Columbia Real Estate Association (BCREA) reports that 3,314 residential unit sales were recorded in Multiple Listing Service\u00ae (MLS\u00ae) Systems in January 2026, down 22.9% from January 2025. The average MLS\u00ae residential price in BC in January 2026 was down 1.9% at $924,239 compared to $942,384 in January 2025.<\/p>\n<p style=\"text-align: justify;\">Total MLS\u00ae residential sales dollar volume was $3.06 billion, down 24.4% from the same time the previous year. BC MLS\u00ae unit sales were 30.97% lower than the ten-year average for the month of January.<\/p>\n<p style=\"text-align: justify;\">\u201cBritish Columbia\u2019s housing market kicked off 2026 with its second weakest January since 2016, with sales in almost every region falling short of historical averages,\u201d said BCREA Chief Economist Brendon Ogmundson. \u201cDespite a slow start, we expect stable rates and improved affordability conditions to release pent-up demand with sales picking up over the course of 2026.\u201d<\/p>\n<p style=\"text-align: justify;\">Active listings in January 2026 climbed to 32,626 units, a 5.6% increase from the same month last year. Weak sales activity over the past several quarters have led to an accumulation of inventory, which should accommodate demand pressures in the short term. However, dampening sentiments concerning new home construction in BC leave the housing market vulnerable to long-term demand growth, a pattern which will be monitored over the next few years.<\/p>\n<p style=\"text-align: justify;\"><a href=\"https:\/\/www.bcrea.bc.ca\/economics\/2026-kicks-off-with-weak-sales-activity\/\" target=\"_blank\" rel=\"noopener\">Click here<\/a> for the complete statistics release, including detailed tables.<\/p>\n<p><a href=\"https:\/\/www.bcrea.bc.ca\/economics\/2026-kicks-off-with-weak-sales-activity\/\" target=\"_blank\" rel=\"noopener\">2026 Kicks Off with Weak Sales Activity<\/a> by Chief Economist | Brendon Ogmundson | BCREA<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Vancouver, BC \u2013 February 11, 2026. The British Columbia Real Estate Association (BCREA) reports that 3,314 residential unit sales were recorded in Multiple Listing Service\u00ae (MLS\u00ae) Systems in January 2026, &hellip; [<a href=\"https:\/\/www.roryc.ca\/blog\/2026\/02\/bc-housing-market-kicked-off-2026-with-weak-activity-sales-decrease-22-9-price-down-1-9\/\">read more<\/a>]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8,13],"tags":[],"class_list":["post-27227","post","type-post","status-publish","format-standard","hentry","category-market-updates","category-real-estate"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>BC Housing Market Kicked Off 2026 with Weak Activity, Sales Decrease 22.9% &amp; Price Down 1.9% &#8226; Rory C Real Estate | Oakwyn Realty<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.roryc.ca\/blog\/2026\/02\/bc-housing-market-kicked-off-2026-with-weak-activity-sales-decrease-22-9-price-down-1-9\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"BC Housing Market Kicked Off 2026 with Weak Activity, Sales Decrease 22.9% &amp; Price Down 1.9% &#8226; Rory C Real Estate | Oakwyn Realty\" \/>\n<meta name=\"twitter:description\" content=\"Vancouver, BC \u2013 February 11, 2026. 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