---
title: "Metro Vancouver home sales forecast to rise 8.7 per cent in 2027, BCREA says"
description: "The BC Real Estate Association projects 25,000 home sales in Greater Vancouver next year, up from a 2026 that ended with the market at a multi-year low."
canonical_url: "https://voche.me/news/metro-vancouver-home-sales-forecast-2027-november-2026"
last_updated: "2026-11-11T06:58:01.700Z"
---

Metro Vancouver home sales are forecast to rise 8.7 per cent in 2027 to reach 25,000 units, according to the BC Real Estate Association's fourth-quarter housing outlook released Tuesday.

Daily Hive Vancouver reported the forecast Tuesday morning. The association's chief economist, Brendon Ogmundson, said the projected recovery rests on two conditions: easing effects from US tariffs on Canada, and a decline in fixed mortgage rates. "Ultimately, we expect a modest recovery in home sales in 2027 as the impacts of new United States tariffs fade and fixed mortgage rates decline," Daily Hive Vancouver quoted Ogmundson as saying.

## What the forecast says for Metro Vancouver

The Greater Vancouver Realtors area, which covers Metro Vancouver, is expected to record 25,000 sales in 2027, up from a 2026 total the association puts at a 3 per cent decline from 2025. The average home price in Metro Vancouver is forecast to rise from $1.223 million in 2026 to $1.25 million in 2027, a 2.2 per cent gain.

Across BC, the association projects provincial home sales will climb 7.2 per cent to 71,840 units in 2027. The provincial average residential price is forecast at $964,200, up 2.4 per cent from 2026.

## Why prices are rising slowly

Large active listing inventory is the main restraint on prices, according to the association. Daily Hive Vancouver reported that active listings are near their highest point since 2015, which limits how far prices can climb even as sales recover.

## What could change the forecast

The association identifies two forces that could add buyers: federal immigration measures and an exemption from the foreign buyer ban for new homes. On the other side, further economic headwinds or interest rate increases could slow the recovery.

## What this means for Vancouver buyers and sellers

A buyer weighing a purchase in Metro Vancouver, or a homeowner deciding when to sell, can read the association's quarterly forecasts at bcrea.bc.ca. The next update from Greater Vancouver Realtors on actual October 2026 sales data is also available there.

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