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October 2025 Market Update

 

September saw strengthening markets in the Okanagan area, while Lower Mainland markets saw growing inventory numbers. Here are more details on the latest changes in MLS sales, current market performance, and expectations in the rental market.

Macdonald Realty Eastern Region Managing Broker and Fraser Valley Real Estate Board Chair Tore Jacobsen noted that "as prices continue to weaken, the market is showing hopeful signs of renewed confidence."

The Bank of Canada's next rate announcement is coming up on October 29 - follow Macdonald Realty for updates.

Wondering how the upcoming rate announcement affects your ability to buy or sell? Let's talk.

 

 

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