Home sales remain low but recovering slowly, says BCREA

The latest BCREA numbers show that while residential home sales in BC are still on the lower side, we're seeing gradual signs of recovery. In August, total sales reached $5.2 billion—a 4.8% dip—while average home prices edged down 1% to $924,826. Sales volume fell by 5.5% to 46,069 homes, and in Greater Vancouver, prices declined 1.3% and sales slipped 3.6%. As someone who’s called Chilliwack home for years and helped many local families navigate these shifts, I know how important it is to understand what these numbers mean for your next step. Market changes can feel uncertain, but having a trusted guide makes all the difference when you’re making big decisions about your home and your family’s future.