BC home sales extend slide
BC August home sales fell, but tariffs and rising rates cast doubt over the recovery
British Columbia's housing market is recovering, just not fast enough. Despite months of incremental gains since a sluggish start to the year, the province's August sales figures show a market still struggling to close the gap with its own historical norms, with fresh headwinds now threatening to slow what modest momentum exists. British Columbia recorded 5,653 residential property sales through the Multiple Listing Service in August, the British Columbia Real Estate Association (BCREA) reported. That's a 4.7% decline from a year earlier and 25.4% below the 10-year August average.
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Scotia Mortgage Rates
Current as of September 2026 • Prime Rate: 4.45%
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Kirk Slaght
Home Financing Advisor
Scotiabank
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For mortgage questions, I always point my clients to Kirk Slaght at Scotiabank — he knows his stuff and takes care of people. Whether you're a first-time buyer, moving up, refinancing, or renewing, reach out to Kirk directly and he'll find the right solution for your situation.
Whether you're thinking about buying or selling, these guides walk you through everything you need to know about the process in today's market.
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