For the complete statistics release, including detailed tables, click here.

Vancouver, BC – November 12, 2026. The British Columbia Real Estate Association (BCREA) reports that 5,670 residential unit sales were recorded in Multiple Listing Service® (MLS®) Systems in October 2026, down 10.9 per cent from October 2025. The average MLS® residential price in BC in October 2026 was down 2.8 per cent at $949,832 compared to $977,117 in October 2025.

Total MLS® residential sales dollar volume was $5.39 billion, down 13.4 per cent from the same time the previous year. BC MLS® unit sales were 24 per cent lower than the ten-year average for the month of October.

“Global headwinds and hawkish monetary policy continue to disproportionately affect sales activity in the Lower Mainland, while more affordable areas continue to demonstrate resilience,” said BCREA Chief Economist Brendon Ogmundson. “Recoveries in more expensive regions of the province are dependent on a retracing of rates and oil prices such that prospective buyers regain confidence after several volatile quarters.”

Year-to-date, BC residential sales dollar volume is down 7.7 per cent to $53.48 billion, compared with the same period in 2025. Residential unit sales are down 6.4 per cent year-over-year at 56,964 units, while the average MLS® residential price is down 1.1 per cent to $938,835.

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