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Summary of Findings
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Uncertainty related to the threat of tariffs has depressed home sales through the first quarter of 2025.
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As that uncertainty subsides, the path of sales activity will depend on the prevailing tariff regime and the ultimate impact of tariffs on the economy.
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A strong monetary policy response from the Bank of Canada could counteract the negative impact of tariffs, leading to a stronger, faster housing market recovery.
The economic uncertainty engendered by the stochastic trade policy of the United States under President Donald Trump has upended what was set to be a return to normalcy in the British Columbia housing market. However, that uncertainty, while still elevated, appears to be subsiding. So, what comes next?
In this Market Intelligence report, we’ll explore some potential scenarios for the BC housing market amidst a cloudier-than-usual outlook.
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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