The British Columbia Real Estate Association (BCREA) reports that 5,782 residential unit sales were recorded in Multiple Listing Service® (MLS®) Systems in September 2025, up 4.4 per cent from September 2024. The average MLS® residential price in BC in September 2025 was up 0.4 per cent at $948,296 compared to $944,298 in September 2024.
Total MLS® residential sales dollar volume was $5.5 billion, up 4.8 per cent from the same time the previous year. BC MLS® unit sales were 21.4 per cent lower than the ten-year average for the month of September.
“Home sales in the province are gaining momentum following a slow first half of 2025,” said BCREA Chief Economist Brendon Ogmundson. “We anticipate sales will finish the year strong, aided by lower interest rates helping to unleash pent-up demand.”
Year-to-date, BC residential sales dollar volume is down 7.3 per cent to $51.8 billion, compared with the same period in 2024. Residential unit sales are down 4.2 per cent year-over-year at 54,594 units, while the average MLS® residential price is also down 3.3 per cent to $949,203.
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By Brendon Ogmundson, Chief Economist
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