The British Columbia Real Estate Association says just over 5,250 homes were sold in September, down about 9% from the same month in 2025.
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Home sales in British Columbia fell again in September, with the province’s real estate board saying interest rate hike speculation weighed on the market.
The British Columbia Real Estate Association said just over 5,250 homes were sold last month, down about 9 per cent from September 2025. It said sales were about 26 per cent lower than the B.C. 10-year average for September.
According to the association, sales volume for residential transactions in B.C. last month was $4.9 billion, down 11 per cent from a year earlier. The average price on the Multiple Listing Service fell 2.4 per cent to just over $924,000.
The association said the declines come after an “encouraging summer” in which B.C. showed signs of recovery, but that spiking oil prices have prompted speculation on whether the Bank of Canada will raise interest rates.
The real estate association also reported that about 51,000 homes have been sold in B.C. so far in 2026, down about 6 per cent compared with the same period last year. It said sales in September fell year-over-year in every region except South Peace River and the Kootenays.
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