Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag B.C. property values fell $90 billion in the Lower Mainland from July 2024 to July 2025, with declines in homes and condos, while some regions saw gains.

flag B.C. flag Assessment data shows Lower Mainland property values dropped by $90 billion from July 2024 to July 2025, with existing homes declining $114 billion after excluding new construction. flag Detached homes in White Rock fell up to 9%, Vancouver condos dropped 3% to $772,000, and overall market softening was noted. flag Northern B.C. flag saw gains, including a 3% rise in Prince George. flag On Vancouver Island, total assessed value rose to $399 billion, driven by $4.7 billion in new builds, with most areas stable or slightly down. flag The Okanagan saw mixed results, with some areas declining and Lytton surging 30% due to rebuilding. flag Overall, B.C.’s assessed property value dipped 2.5% to $2.75 trillion, though tax changes depend on relative shifts within communities.

12 Articles