June 2025

Uncertainty Continues to Hold Back Sales Activity in BC

Posted on Jun 12, 2025 in BC Real Estate Update



The British Columbia Real Estate Association (BCREA) reports that 6,945 residential unit sales were recorded in Multiple Listing Service® (MLS®) Systems in May 2025, down 13.5 per cent from May 2024. The average MLS® residential price in BC in May 2025 was down 4.2 per cent at $959,058 compared to $1,001,341 in May 2024.

The total sales dollar volum...

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Housing Market Update for May 2025 (Video)

Posted on Jun 06, 2025 in Market Insights Videos


Inventory levels across Metro Vancouver reach another ten-year high, while home sales registered on the MLS® remained muted.

Here's a summary of the May 2025 housing market statistics.

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Buyers remain hesitant as inventory builds

Posted on Jun 03, 2025 in Vancouver Update



May saw inventory levels across Metro Vancouver reach another ten-year high, while home sales registered on the MLS® remained muted. 

The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 2,228 in May 2025, an 18.5 per cent decrease from the 2,733 sales recorded in May 2024. This was 30.5 per cent below the 10-y...

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