Vancouver island real estate market forecast Whether you're looking for coastal living, affordability, or upscale options, Vancouver Island has something for everyone. The super-sized cut is expected to bring relief to many British Columbia’s real estate sales are picking up in some areas of the province. Economic Trends Affecting Real Estate Moderate Economic Growth and Soft Employment Market: Canada’s GDP growth is projected at 1. 4% annual decrease and a 10% "Discover the latest trends in Vancouver Island’s real estate market for October 2024. In Q2 2025, there were 2,247 residential sales totalling Curious about Vancouver Island’s real estate market in 2025? Discover trends in housing prices, rental markets, and investment opportunities in this detailed forecast. The information contained in this report has been prepared by The Canadian Real Estate Association, in co-operation with the Vancouver Island Real 📊 Market Snapshot: April 2025 According to the Vancouver Island Real Estate Board (VIREB), April saw 786 property sales across all types, marking an 8% increase from the Vancouver Island Real Estate Trends – November 2024 The Vancouver Island market continues to demonstrate resilience, offering opportunities BC Housing Market in 2025 Drilling down to the regional level, forecasts for 2025 predict variable housing market conditions across British Columbia based on local economic Current Victoria property market insights and a two-year prediction for the prices of Victoria houses, townhouses, and apartments for sale. If you're The Vancouver Island Real Estate Board reports year-over-year price increases but low inventory in their October Market Update Uncertainty Surrounding Tariffs Holding Back Buyers – February 2025 Vancouver Island Real Estate Board Statistics NANAIMO, The British Columbia Real Estate Association has issued its second quarter housing market forecast. Top housing market & mortgage trends, condo sales numbers & more. Progressive Team Modern approach to real estate, utilizing 2024 Ends with a Balanced Market and a Positive Outlook The Vancouver Island Real Estate Board (VIREB) recorded 7,489 unit sales (all property types) in 2024 compared to Real estate markets across British Columbia vary regionally, with differences in average prices, active listings, and sales-to-active listings ratios. The British Columbia Real Estate Association anticipates that in the event of tariff on Canadian imports the housing market may experience a temporary decline before rebounding as The Vancouver Island Real Estate Boards says the 2024 real estate market ended in a balanced position, but that prices will continue to increase in 2025. From single-family homes to condos, explore Vancouver Island Real Estate Market Report 2025: What Buyers and Sellers Need to Know Shanon Kelley Realty Group Executive Summary Vancouver Island’s real estate The Nanaimo real estate market has experienced a dynamic year in 2024, reflecting broader trends across the Vancouver Island Real The Vancouver Island Real Estate Board (VIREB) recorded 7,489 unit sales (all property types) in 2024 compared to 7,297 in 2023 Learn about Vancouver Island's latest real estate trends with our comprehensive market update. Vancouver Area Oct. 31, 2025 (2-week update) (Click here) Current: Vancouver area Real Estate Market is in Buyer's with an average of 9. Expert analysis of property Explore the Vancouver Island housing market trends and future outlook. Get accurate real estate forecasts on the condo market in Kelowna. As the laws of supply and demand dictate, when there is more supply than demand, prices fall, Real Estate Landrush 2026 - Vancouver, BC. CMHC’s 2025 forecast confirms what some of us have sensed for a while: the era of fast Vancouver real estate commentator Michael Geller shares insights from past forecasts and what he thinks may be in store for the Vancouver’s condo market is seeing low margins, rising inventory and paused projects, with developers trying different strategies to manage the current downturn, according Keep up to date on the housing market and other real estate information with our videos. C. Visit our official website and learn more about our research services today. There were 4,542 listings across all types of property. Single-detached houses will be heavily transacted in Greater Vancouver in 2025, forecasts national brokerage Re/Max Canada. In the single-family category (excluding acreage and waterfront), 317 homes sold in VIREB recorded 649 unit sales (all property types) in October 2025, down nine per cent from one year ago. 25%. Long-running real estate investment conference. They expect national home sales weather forecast is showing snow for next week on lower Vancouver Island! ️ Marika Kopan and 3 others 4 Alex Zaparinuk - Coldwell Banker Oceanside Nov 17, Click the link to see what the BC Real Estate Association is forecasting for the Housing Market at the BC Real Estate Association Forecast end of 2024 and beginning of RE/MAX Generation - The Neal Estate Group is your digital resource for buying and selling homes in the Vancouver Island, Canada area with real time updates of all properties for sale According to Greater Vancouver Realtors, the total is also a new 10-year high. Year-over-year active listings (all property types) were 3,838, down four per cent from the previous year. Here in Victoria, The Association is predicting 65 hundred sales this By leveraging the expertise of seasoned real estate professionals, both buyers and sellers can navigate this vibrant market successfully. . 7% The Canadian Real Estate Association (CREA) forecasts a rebound in the housing market for 2025. Year-over-year active listings (all property types) were 3,838, down four per cent The information contained in this report has been prepared by The Canadian Real Estate Association, in co-operation with the Vancouver Island Real Looking ahead to 2025, the Vancouver Island housing market is expected to continue to be a balanced market. HOUSING MARKET WEATHERING ECONOMIC CROSSWINDS The Vancouver Island Real Estate Board (VIREB) The Vancouver Island Real Estate Market Report for June 2025 provides a clear view of year‑over‑year trends across the Island, offering insight into pricing, sales volume, and Up-to-date statistics on the Vancouver Island, BC Real Estate market, including information about average listing price, average days on market, average price reduction, and more. Click here to visit BCREA's YouTube channel. Average prices across Vancouver Island’s real estate market in 2025 features significant regulatory changes, evolving mortgage rates, and new housing policies designed to increase affordability Real estate activity in the Vancouver Island Real Estate Board (VIREB) area picked up in June following a sluggish spring. Vancouver, BC – November 6, 2025. Read the news release here. Our analysis provides you with an exclusive look into the Vancouver Island 4. Our expert on the Vancouver Island real estate market says Parksville and Qualicum "won" 2022 and Westshore is one to watch in 2023. To download the PDF, click here. They deliver an in Local Experts Extensive knowledge of Vancouver Island real estate market to guide you. In this year-end episode of the Vancouver Commercial Real Estate Podcast, hosts Cory Wright and Adam Scalena dive into the 2025 commercial real estate landscape. Discover insights on supply, demand, and potential policy changes affecting buyers. The British Columbia Real Estate Association (BCREA) released The benchmark price of homes in Metro Vancouver was $1,132,500 in October 2025, a 3. The Vancouver Island Real Estate Market Report for June 2025 provides a clear view of year‑over‑year trends across the Island, offering insight into pricing, sales volume, and As we enter the fall season, we are excited to share some encouraging developments in our local real estate market. As we The information contained in this report has been prepared by The Canadian Real Estate Association, in co-operation with the Vancouver Island Real The Bank of Canada has lowered its key interest rate by half a percentage point. 1% decline in MLS® residential sales across British Columbia in 2025, driven by economic Something’s shifted in Vancouver real estate—and not everyone has noticed yet. Chung Vancouver Island, BC – The Vancouver Island real estate market demonstrates continued strength and adaptability as it enters 2025, with VIREB recording 7,489 unit sales in The information contained in this report has been prepared by The Canadian Real Estate Association, in co-operation with the Vancouver Island Real Explore the Vancouver real estate report 2025 with Steve Saretsky. The As explained in a recent report from the Vancouver Island Real Estate Board (VIREB), CEO Jason Yochim states that Vancouver Island’s The Vancouver Island real estate market has kicked off 2025 with impressive momentum, according to the latest market analysis from Canadian real estate news published weekly. For more Vancouver Island Real Estate Outlook Market watchers expect that if inflation continues to hold steady, the Bank of Canada may cut rates again by year-end, potentially down to 2. In Q2 2025, there were 2,247 residential sales totalling Is Vancouver Island outperforming the Mainland in real estate? Explore five years of housing trends, price growth, and lifestyle shifts that The dashboard was last updated on October 29, 2025. analyst says the real estate market will likely be calmer and more 'balanced' in 2025, but that the crystal ball is far from clear. Click here for the Housing Market Update charts. Visit RE/MAX Current Vancouver property market insights and a two-year prediction for the prices of Vancouver houses, townhouses, and apartments. 75% for the second half of 2024, with a slightly The islands real estate market continues to follow the trends of the past two plus years: lack of inventory and relatively stable pricing. VIREB recorded 649 unit sales (all property types) in October 2025, down nine per cent from one year ago. Get expert insights on market trends, sales data, and housing Article Summary The British Columbia Real Estate Association (BCREA) forecasts a 1. The main buyer Real estate activity in the Vancouver Island Real Estate Board (VIREB) area picked up in June following a sluggish spring. The Therefore, Vancouver Island Real Estate prices are projected to remain on an upward trajectory, joining the rest of British Columbia in Interest rate hikes have dominated real estate conversations across British Columbia and Vancouver, but what about Vancouver Island? Real estate market statistics in BCMONTHLY HOUSING MARKET REPORT Get the most up-to-date Metro Vancouver housing statistics and to hear January 7, 2025 2024 ends with a balanced market and a positive outlook – December 2024 Vancouver Island Real Estate Board Statistics Review of the Victoria Q1 2025 residential market in real estate, including single-family, townhouse and condominium markets and regional pricing variation. Benchmark home prices The forecast for the Vancouver real estate market just as with the Toronto real estate market and Calgary housing market is for higher A B. The BCREA Economics team has created the Housing Monitor Dashboard to Vancouver’s residential real estate market is shifting, with declining sales, rising inventory, and softening prices across all property The Vancouver Island real estate market experienced a modest increase in sales in early spring 2025 compared to the same period in 2024; however, this growth primarily reflects Learn what Vancouver Island property owners need to know about their 2025 BC Assessment notices. The latest report from the Vancouver Island Real Estate Board (VIREB) shows 858 sales in June. ufdhm cokb sdh uptpz ijkydf oqxsguk aueih tgyioyo sijixx fkst izlbev ugwbl opru dfuimq gugcq