BC recorded 6.3K residential sales in Early-Q2 2026, ↓1.9% yearly, while avg. price ↑0.8% to ~$953K, showing prices held near flat despite softer activity.
Total dollar volume was $6.01B, ↓1.1% yearly, as labour softness, trade uncertainty, and rate pressure kept many buyers cautious with timing decisions.
Regional Mix
Fraser Valley: sales ↑7.6%; avg. price ↓0.5% to ~$1M
Victoria: sales ↑2.3%; avg. price ↓1.6% to ~$1.04M
Okanagan: avg. price ↑5.2%; sales ↓1%
BC Northern: avg. price ↑6.7%; sales ↓6.3%
For brokers advising watchful clients, engagement is more nuanced: affordability has improved from peak conditions, but confidence remains sensitive to uncertainty and rates.
Early stabilization signals appeared in some seasonally adjusted regional gains, with improved affordability potentially encouraging sidelined buyers if pressures do not intensify.
