For the complete news release, including detailed statistics, click here.
Vancouver, BC – September 2025 The British Columbia Real Estate Association (BCREA) reports that 5,961 residential unit sales were recorded in Multiple Listing Service® (MLS®) Systems in August 2025, up 0.5 per cent from August 2024. The average MLS® residential price in BC in August 2025 was down 1.4 per cent at $926,335 compared to $939,376 in August 2024.
The total sales dollar volume was $5.5 billion, down 0.9 per cent from the same time the previous year. BC MLS® unit sales were 24.2 per cent lower than the ten-year August average.
“We continue to see significant regional disparity in the market, with the Lower Mainland lagging behind the rest of the province,” said BCREA Chief Economist Brendon Ogmundson. “While sales finished the summer on a lower note than expected, we continue to see encouraging signs of a better second half of the year.”
Year-to-date, BC residential sales dollar volume is down 8.5 per cent to $46.3 billion, compared with the same period in 2024. Residential unit sales are down 5 per cent year-over-year at 48,842 units, while the average MLS® residential price is also down 3.7 per cent to $949,157.
For more information, please contact: Gino Pezzani.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
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