{"id":9254,"date":"2026-10-14T09:08:21","date_gmt":"2026-10-14T16:08:21","guid":{"rendered":"https:\/\/infonews.ca\/news\/7953889\/bc-home-sales-fall-nine-per-cent-in-september-amid-interest-rate-speculation\/"},"modified":"2026-10-14T09:08:21","modified_gmt":"2026-10-14T16:08:21","slug":"bc-home-sales-fall-nine-per-cent-in-september-amid-interest-rate-speculation","status":"publish","type":"post","link":"https:\/\/infonews.ca\/inhome\/news\/9254\/bc-home-sales-fall-nine-per-cent-in-september-amid-interest-rate-speculation\/","title":{"rendered":"B.C. home sales fall nine per cent in September amid interest rate speculation"},"content":{"rendered":"<p>VANCOUVER \u2014 Home sales in British Columbia dipped again in September, with the province&#8217;s real estate board saying interest rate hike speculation weighed on the market.<\/p>\n<p>The British Columbia Real Estate Association says in a release that just over 5, 250 homes were sold last month, down about 9 per cent from the same month in 2025.<\/p>\n<p>Home sales were about 26 per cent lower than the 10-year average for B.C. for the month of September.<\/p>\n<p>The association says sales volume for residential transactions in B.C. last month was $4.9 billion, down 11 per cent from a year ago, while the average price on the Multiple Listing Service fell 2.4 per cent to just over $924,000.<\/p>\n<p>Association chief economist Brendon Ogmundson says in a statement that the declines come after &#8220;an encouraging summer&#8221; where B.C. showed signs of recovery, but spiking oil prices have prompted speculation on whether the Bank of Canada will raise interest rates.<\/p>\n<p>About 51,000 homes have been sold in B.C. so far in 2026, down about 6 per cent from the same period last year, with sales in September falling year-over-year in every region other than South Peace River and the Kootenays.<\/p>\n<p>This report by The Canadian Press was first published Oct. 14, 2026.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>VANCOUVER \u2014 Home sales in British Columbia dipped again in September, with the province&#8217;s real estate board saying interest rate hike speculation weighed on the market. The British Columbia Real Estate Association says in a release that just over 5, 250 homes were sold last month, down about 9 per cent from the same month [&hellip;]<\/p>\n","protected":false},"author":522,"featured_media":9255,"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":"7b4520b0-1c2f-4b68-9ff0-9c7a433c4088","source":"The Canadian Press","byline":"","published":"2026-10-14 09:08:21","updated":"2026-10-14 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