{"id":28684,"date":"2026-10-19T10:10:07","date_gmt":"2026-10-19T17:10:07","guid":{"rendered":"https:\/\/www.roryc.ca\/blog\/?p=28684"},"modified":"2026-10-19T10:13:17","modified_gmt":"2026-10-19T17:13:17","slug":"bc-most-housing-markets-remain-balanced-as-inventory-levels-decline","status":"publish","type":"post","link":"https:\/\/www.roryc.ca\/blog\/2026\/10\/bc-most-housing-markets-remain-balanced-as-inventory-levels-decline\/","title":{"rendered":"BC Most Housing Markets Remain Balanced As Inventory Levels Decline"},"content":{"rendered":"<p style=\"text-align: justify;\">Vancouver, BC \u2013 October 14, 2026. The British Columbia Real Estate Association (BCREA) reports that 5,254 residential unit sales were recorded in Multiple Listing Service\u00ae (MLS\u00ae) Systems in September 2026, down 8.9% from September 2025. The average MLS\u00ae residential price in BC in September 2026 was down 2.4% at $924,279 compared to $946,767 in September 2025.<\/p>\n<p style=\"text-align: justify;\">Total MLS\u00ae residential sales dollar volume was $4.9 billion, down 11% from the same time the previous year. BC MLS\u00ae unit sales were 25.8% lower than the ten-year average for the month of September.<\/p>\n<p style=\"text-align: justify;\">\u201cHome sales dipped in September after an encouraging summer as spiking oil prices prompted speculation of impending Bank of Canada rate hikes,\u201d said BCREA Chief Economist Brendon Ogmundson. \u201cHowever, we are also seeing inventory levels decline on a monthly basis, which should help markets remain in balance.\u201d<\/p>\n<p style=\"text-align: justify;\">Year-to-date, BC residential sales dollar volume is down 7% to $48.11 billion, compared with the same period in 2025. Residential unit sales are down 5.9% year-over-year at 51,310 units, while the average MLS\u00ae residential price is down 1.1% to $937,644.<\/p>\n<p style=\"text-align: justify;\"><a href=\"https:\/\/www.bcrea.bc.ca\/wp-content\/uploads\/2026-09.pdf\" 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\/most-markets-remain-balanced-amidst-mounting-headwinds\/\" target=\"_blank\" rel=\"noopener\">Most Markets Remain Balanced Amidst Mounting Headwinds<\/a> by Brendon Ogmundson | Chief Economist | BCREA<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Vancouver, BC \u2013 October 14, 2026. The British Columbia Real Estate Association (BCREA) reports that 5,254 residential unit sales were recorded in Multiple Listing Service\u00ae (MLS\u00ae) Systems in September 2026, &hellip; [<a href=\"https:\/\/www.roryc.ca\/blog\/2026\/10\/bc-most-housing-markets-remain-balanced-as-inventory-levels-decline\/\">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-28684","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 v28.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>BC Most Housing Markets Remain Balanced As Inventory Levels Decline &#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\/10\/bc-most-housing-markets-remain-balanced-as-inventory-levels-decline\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"BC Most Housing Markets Remain Balanced As Inventory Levels Decline &#8226; Rory C Real Estate | Oakwyn Realty\" \/>\n<meta name=\"twitter:description\" content=\"Vancouver, BC \u2013 October 14, 2026. 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