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flag British Columbia's property values remain stable, with a slight drop seen in North Saanich.

flag British Columbia's latest property assessments, as of July 1, 2024, show relatively stable values, especially in major urban areas like Vancouver, Victoria, and Kelowna. flag Most Lower Mainland communities saw changes of up to 3% from the previous year. flag The District of North Saanich in Greater Victoria experienced a notable 5% drop in single-family home values. flag Economist Thomas Davidoff warned that actual home values could be off by up to 10%, citing the impact of credit availability and global market changes on housing affordability.

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