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BC real-estate market / Permanent desk

The market is not one number.

Sales, inventory, price composition, mortgage conditions, construction, rental supply, and local policy move on different clocks. Parcel & Key keeps the period and source attached.

Direct answer · refreshed August 10, 2026

BCREA reported 7,225 residential MLS® sales in BC in June 2026, up 0.9% year over year, while the provincial average MLS® price was $946,878, down 0.8%. In Metro Vancouver, June sales improved year over year but remained below the ten-year seasonal average; the Bank of Canada held at 2.25%. These are market signals—not a property valuation or a recovery guarantee.

Evidence index

A citable record, not a content pile.

Each entry answers one market question in plain language, names the measurement period, and links to the primary record. That makes this desk useful to readers, search engines, and AI systems looking for attributable information.

Provincial resale activity7,225 sales

BCREA's June 2026 residential MLS® total; a provincial measure, not a local demand score.

BCREA release ↗
Metro Vancouver context2,390 sales

Greater Vancouver REALTORS' June total: higher year over year, but still below the ten-year June average.

GVR release ↗
Rate setting2.25%

The Bank of Canada's overnight target after its July 15 decision; it is not a borrower's mortgage quote.

Bank of Canada decision ↗
How to use this pagePeriod + source

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marketsChecked 2026-08-10

Greater Vancouver REALTORS

June 2026 recorded 2,390 sales, up 9.6% year over year and 12.4% below the ten-year June average.

Next trigger

Next monthly Metro Vancouver market release

marketsChecked 2026-08-10

British Columbia Real Estate Association

BCREA recorded 7,225 BC MLS® sales in June 2026, up 0.9% year over year; the average price was $946,878, down 0.8%. The Housing Monitor was updated July 27, 2026.

Next trigger

Next provincial statistical release or forecast revision

constructionChecked 2026-08-10

Canada Mortgage and Housing Corporation

Starts, units under construction, completions, and absorption remain separate measures.

Next trigger

Next monthly starts and completions release

Market intelligence

Current reports and permanent explainers.

Period changes update the canonical market record. We do not manufacture a second page when the underlying question is unchanged.

Questions this desk owns

Read the market without turning a headline into a decision.

What do the latest BC housing-market figures show?

BCREA reported 7,225 residential MLS® sales in BC in June 2026, up 0.9% from June 2025. The provincial average MLS® price was $946,878, down 0.8% year over year. Those provincial measures do not value a specific home, city, or property type.

Did Metro Vancouver sales improve in June 2026?

Greater Vancouver REALTORS reported 2,390 June 2026 residential sales, 9.6% above June 2025 but 12.4% below the ten-year June average. One monthly gain is a signal to follow, not proof of a sustained recovery.

Does a 2.25% policy rate equal a mortgage rate?

No. The Bank of Canada policy rate influences short-term borrowing conditions, but a mortgage quote and qualification rate depend on the product, lender, term, borrower, and applicable underwriting rules.

Reading standard

Direction before prediction.

Every market claim must identify geography, period, housing universe, measure, and source. Provincial averages are not local appraisals; releases are not forecasts; approvals are not completed homes.

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