Tim Wray | RE/MAX Crest Realty, Vancouver

Tariff Fears Sideline Buyers in March

Posted on Apr 14, 2025 in BC Real Estate Update

The British Columbia Real Estate Association (BCREA) reports that 5,917 residential unit sales were recorded in Multiple Listing Service® (MLS®) Systems in March 2025, down 9.6 per cent from March 2024. The average MLS® residential price in BC in March 2025 was down 4.8 per cent at $963,323 compared to $1,011,965 in March 2024.

The total sales dolla...

Tariff Uncertainty Slows February Housing Activity

Posted on Mar 11, 2025 in BC Real Estate Update

The British Columbia Real Estate Association (BCREA) reports that 4,947 residential unit sales were recorded in Multiple Listing Service® (MLS®) Systems in February 2025, down 9.7 per cent from February 2024. The average MLS® residential price in BC in February 2025 was down 2.4 per cent at $964,349 compared to $987,811 in February 2024.

The total s...

2025 Begins With Strong Sales and Listings Activity

Posted on Feb 15, 2025 in BC Real Estate Update

The British Columbia Real Estate Association (BCREA) reports that 4,221 residential unit sales were recorded in Multiple Listing Service® (MLS®) Systems in January 2025, up 6.4 per cent from January 2024. The average MLS® residential price in BC in January 2025 was down 1.0 per cent at $949,560 compared to $959,191 in January 2024.

The total sales d...

December Sales Mark a Strong Final Quarter of 2024

Posted on Jan 16, 2025 in BC Real Estate Update

The British Columbia Real Estate Association (BCREA) reports that 4,484 residential unit sales were recorded in Multiple Listing Service® (MLS®) Systems in December 2024, up 24.7 per cent from December 2023. The average MLS® residential price in BC in December 2024 was up 5.6 per cent at $1,013,556 compared to $960,057 in December 2023.

The total sa...

Sales Continue Normalizing Trend in November

Posted on Dec 12, 2024 in BC Real Estate Update

The British Columbia Real Estate Association (BCREA) reports that 5,841 residential unit sales were recorded in Multiple Listing Service® (MLS®) Systems in November 2024, up 25.7 per cent from November 2023. The average MLS® residential price in BC in November 2024 was up 1.7 per cent at $979,221 compared to an average price of $963,143 in November...

Housing Markets Post Strong Rebound in October

Posted on Nov 25, 2024 in BC Real Estate Update

The British Columbia Real Estate Association (BCREA) reports that 7,119 residential unit sales were recorded in Multiple Listing Service® (MLS®) Systems in October 2024, up 33.5 per cent from October 2023. The average MLS® residential price in BC in October 2024 was up 0.3 per cent at $970,845 compared to an average price of $968,256 in October 202...

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