BC Real Estate — Quarterly Reviews
A plain-English look back at each quarter in BC real estate — what the market actually did, and what changed in the rules that shaped it.
- May 2026
State of BC Real Estate — 2026
The May 2026 statistics from both Lower Mainland boards arrived on June 2 and continued the pattern of the spring: prices easing gently, sales near a multi-year low, and inventory at its highest level since the early 2010s. The Fraser Valley composite benchmark slipped 0.7% on the month to $893,300, down 7.3% from a year earlier. Greater Vancouver was steadier — $1,100,700, essentially flat month-over-month, down 6.2% year-over-year. Sales totalled 1,124 in the Fraser Valley (a half-point above April, five points below last May) and 2,150 across Metro Vancouver (about 3.5% below May 2025 and roughly 27% below the 10-year seasonal average). Apartments led the weakness on both sides of the river; detached homes held up best.
Read full report - January – March 2026
State of BC Real Estate — 2026 Q1
The first quarter of 2026 opened quietly. Across Metro Vancouver, the composite benchmark price held roughly flat — $1,104,300 by the end of March, down about 6.8% from a year earlier — while sales stayed well below the seasonal norm. The Fraser Valley told the same story: a benchmark of $898,300, detached prices down nearly 9% year over year, and a market the Fraser Valley board continued to call a buyer’s market. Buyers had time, choice, and little pressure to rush.
Read full report - October – December 2025
State of BC Real Estate — 2025 Q4
The final quarter of 2025 closed out a notably slow year. The Greater Vancouver composite benchmark ended December at $1,114,800, down 4.5% from a year earlier; the Fraser Valley finished at $905,900, down 6%. Both boards recorded one of their quietest years in a long time — Greater Vancouver REALTORS logged about 23,800 sales for 2025, its slowest annual total in more than two decades. Buyers ended the year holding the better hand.
Read full report - July – September 2025
State of BC Real Estate — 2025 Q3
Through the late summer and early fall of 2025, prices kept drifting gently lower while sales steadied. By the end of September the Greater Vancouver composite benchmark was $1,142,100, down 3.2% from a year earlier; the Fraser Valley benchmark was $926,300, down 5.4%. Sales were close to flat against the same point in 2024 — the year-long decline had slowed — but still well short of a normal year. Both boards described conditions that favoured buyers.
Read full report - April – June 2025
State of BC Real Estate — 2025 Q2
Spring is normally the busiest stretch of the real-estate year. In 2025 it was quiet. Through April, May and June, sales ran well below the seasonal average and benchmark prices drifted lower. By the end of June the Greater Vancouver composite benchmark was $1,173,100, down 2.8% from a year earlier; the Fraser Valley sat at $951,500, with detached prices down about 4.6%. Buyers had an unusually calm spring market to work with.
Read full report
Verified sources (2)· re-verified 2026-05-19Click to expand
Every claim on this page is sourced to a primary government, regulator, or industry-association URL. We re-verify quarterly; the verification dates below show when each source was last confirmed against the live government page.
- BC Governmentretrieved 2026-05-19Property Transfer Taxhttps://www2.gov.bc.ca/gov/content/taxes/property-taxes/property-transfer-tax
- BC Governmentretrieved 2026-05-08Property Transfer Tax Act, RSBC 1996, c. 378https://www.bclaws.gov.bc.ca/civix/document/id/complete/statreg/96378_01
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