DAWSON CREEK, B.C. - While home sales across British Columbia continued to decline in August compared to a year ago, the South Peace River region bucked the provincial trend with one of the strongest increases in sales activity.
According to the British Columbia Real Estate Association, 5,653 residential properties were sold through the Multiple Listing Service (MLS) across the province in August, a 4.7 per cent decrease compared to August 2025. The average home price also declined year-over-year to just under $925,000.
South Peace Among Province’s Bright Spots
Despite the overall slowdown, the South Peace River region recorded a nearly 35 per cent increase in home sales compared to the same month last year, making it one of the strongest-performing markets in B.C. during August.
The increase stands in contrast to many other regions across the province, including the Okanagan, which saw the steepest decline with sales dropping 22 per cent year-over-year.
Local Market Defies Provincial Trend
The South Peace’s year-over-year increase suggests continued demand in Northeast B.C.’s housing market at a time when many regions across the province are still experiencing slower activity.
While provincial sales volumes remain below historical norms, August’s numbers indicate the Peace Region real estate market continues to show resilience amid broader economic headwinds.
Recovery Continues Across B.C.
B.C. Real Estate Association chief economist Brendon Ogmundson said home sales have been gradually recovering throughout 2026. Provincial sales have steadily climbed since January, when transactions dipped below 5,200. However, he noted that sales remain below long-term averages.
The association expects the recovery to continue in the coming months, although uncertainty remains surrounding newly imposed U.S. tariffs and a recent rise in long-term interest rates.
With files from The Canadian Press