Slower B.C. real estate sales blamed on U.S. tariff uncertainty, association says
Mar 11, 2025 | 11:32 AM
VANCOUVER — The British Columbia Real Estate Association says tariff uncertainty has slowed housing activity.
A board report says there were 4,947 residential sales in the province last month, down 9.7 per cent from the same time last year.
Prices also fell 2.4 per cent during that same period, with an average home costing just over $964,000 this year when it was $987,811 in 2024.
The association’s chief economist, Brendon Ogmundson, says there had been several months of momentum before the uncertainty around tariffs emerged.
