BCREA Forecasts Housing Sales Recovery in Metro Vancouver and Fraser Valley
1 report, 1 independent
Updated Wed 00:00
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What happened
The British Columbia Real Estate Association released its 2026 fourth quarter housing forecast, projecting that home sales in Metro Vancouver and the Fraser Valley will increase by 7.2 per cent in 2027, reaching 71,840 units. Sales for 2026 are expected to end at just over 67,000, marking a 4.5 per cent decline from 2025.
From dailyhive.com
Why it matters
The forecast anticipates a modest market recovery in 2027 after a period of declining sales. The BCREA noted that the easing of US tariffs is helping to aid the market recovery.
Inventory peaks and price decoupling are evident in the Metro Vancouver housing market.
From dailyhive.com