VANCOUVER \u2014 British Columbia home sales fell again in August on a year-to-year basis, although the real estate industry says a “gradual recovery” is underway.<\/p>\n
The British Columbia Real Estate Association says there were 5,653 residential property sales last month on the Multiple Listing Service, a 4.7 per cent decrease from the same month last year.<\/p>\n
The average home price in the province also fell to just under $925,000 from the same period last year. <\/p>\n
Association chief economist Brendon Ogmundson says in a statement that home sales in B.C. have been steadily climbing since January when they dropped below 5,200, although they “remain well below long-term averages.”<\/p>\n
Ogmundson says the association expects the recovery to continue, however there is industry concern about the impacts of new U.S. tariffs and a recent increase in long-term interest rates.<\/p>\n
The Okanagan region saw the largest decline in home sales last month with a 22 per cent drop from August 2025, while the South Peace River region in the northeast recorded a jump of almost 35 per cent.<\/p>\n
This report by The Canadian Press was first published Sept. 14, 2026.<\/p>\n","protected":false},"excerpt":{"rendered":"
VANCOUVER \u2014 British Columbia home sales fell again in August on a year-to-year basis, although the real estate industry says a “gradual recovery” is underway. The British Columbia Real Estate Association says there were 5,653 residential property sales last month on the Multiple Listing Service, a 4.7 per cent decrease from the same month last […]<\/p>\n","protected":false},"author":522,"featured_media":9144,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"guid":"227e11cf-f7b7-4e6a-9ad3-61423c4fd96f","source":"The Canadian Press","byline":"","published":"2026-09-14 09:04:11","updated":"2026-09-14 09:04:11","_infotelid":"","_prepressid":"","_multisite_post_sync":"","_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[1681,1900,596,1693,1695],"tags":[],"region":[1686,1687],"class_list":["post-9143","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bc","category-bc-2","category-business","category-construction","category-real-estate","region-british-columbia","region-canada"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":8}},"parsely":{"version":"1.1.0","canonical_url":"https:\/\/infonews.ca\/inhome\/news\/9143\/home-sales-in-bc-down-again-in-august-amid-gradual-recovery-association-says\/","smart_links":{"inbound":0,"outbound":0},"traffic_boost_suggestions_count":0,"meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Home sales in B.C. down again in August amid ‘gradual recovery,’ association says","url":"http:\/\/infonews.ca\/inhome\/news\/9143\/home-sales-in-bc-down-again-in-august-amid-gradual-recovery-association-says\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/infonews.ca\/inhome\/news\/9143\/home-sales-in-bc-down-again-in-august-amid-gradual-recovery-association-says\/"},"thumbnailUrl":"https:\/\/infonews.ca\/inhome\/wp-content\/uploads\/sites\/4\/inhome-f58e947783d997a166fe6cac451c085920e0d04290ff80b438a24fa5e023e380.jpg?w=150&h=150&crop=1","image":{"@type":"ImageObject","url":"https:\/\/infonews.ca\/inhome\/wp-content\/uploads\/sites\/4\/inhome-f58e947783d997a166fe6cac451c085920e0d04290ff80b438a24fa5e023e380.jpg"},"articleSection":"B.C.","author":[{"@type":"Person","name":"The Canadian Press"}],"creator":["The Canadian Press"],"publisher":{"@type":"Organization","name":"iNhome","logo":""},"keywords":[],"dateCreated":"2026-09-14T16:04:11Z","datePublished":"2026-09-14T16:04:11Z","dateModified":"2026-09-14T16:04:11Z"},"rendered":"