British Columbia Housing Market Report
Housing Market Statistics in British Columbia in July 2025
Historical Average Home Prices in British Columbia
B.C. Housing Market Breakdown by Region for July 2025
British Columbia Housing Market as of July 2025
British Columbia's housing market had an average home price of $ in Invalid Date. This represents a monthly decrease of NaN% compared to Invalid Date, while prices are lower NaN% on an annual basis compared to Invalid Date.
There were home sales recorded in BC's housing market in Invalid Date, a decrease of NaN% from Invalid Date, and decrease of NaN% compared to Invalid Date.
Greater Vancouver’s housing market, the province's largest and most expensive market, had an average price of $, while sales decreased NaN% year-over-year.
Regional Insights and Analysis
Real estate markets across British Columbia vary regionally, with differences in average prices, active listings, and sales-to-active listings ratios. The following numbers reflect year-over-year changes comparing Invalid Date to Invalid Date.
Province Totals
Average Price: $ (down NaN% year-over-year)
Active Listings: units (down NaN% from Invalid Date)
Sales to Active Listings Ratio: % (down from % in Invalid Date)
Dollar Volume: $NaN billion (down NaN% year-over-year)
Unit Sales: (down NaN% from Invalid Date)
Price Growth Leaders: experienced the strongest annual price growth at %, followed by at % and at %.
Inventory: Active listings saw leading at % annual growth, while at % had the lowest annual growth.
Sales Activity: maintained the highest sales-to-active-listings ratio at %, while had the lowest sales-to-active-listings ratio at %.
The dramatic difference in market performance between regions highlights the localized nature of real estate markets in British Columbia.
Housing Markets of Major Cities in British Columbia
| City | Average Home Prices (July 2025) | Population (2021) |
|---|---|---|
| Greater Vancouver | 2,642,825 7.3% vs. 2016 | |
| Burnaby | 249,125 7.0% vs. 2016 | |
| Richmond | 209,937 5.9% vs. 2016 | |
| Coquitlam | 148,625 6.7% vs. 2016 | |
| Fraser Valley | 324,005 9.5% vs. 2016 | |
| Surrey | 568,322 9.7% vs. 2016 | |
| Abbotsford | 153,524 8.6% vs. 2016 | |
| Victoria | 91,867 7.1% vs. 2016 | |
| Chilliwack | 113,767 12.1% vs. 2016 | |
| Powell River | 17,825 6.2% vs. 2016 |
*Benchmark price, **Average benchmark price
Housing Markets Across Canada
Disclaimer:
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