A slight dip in home sales is being reported by the BC Northern Real Estate Board as we hit the halfway point of 2026.
According to the agency’s second-quarter report, 2315 properties were sold in the first six months of 2026, down slightly from the 2338 sales reported during the same point in 2025.
The value of these properties was $1 billion the same amount in 2025.
At the end of June, there were 3669 properties of all types available for purchase, up from 3317 at the same time last year.
Sales in the BC Northern region in the second quarter of 2026 ticked upward from a slower previous quarter.
At 1,007 sales, housing market activity was 4.1 per cent below historical averages and 1.4 per cent above the level of Q2 2025.
With 1,795 active listings at the end of June 2026 (seasonally adjusted), the region remains about 20 per cent below average long-term levels of inventory.
The average sale price in the board area rose to $463,736, seven per cent above the previous quarter.
In Prince George, 680 properties worth $347.4 million have changed hands so far this year, compared with 691 properties worth $333.8 million in the first six months of last year.
In the western part of the city, the median price of the 119 single-family homes that have sold was $473,796.
East of the bypass, the 86 single-family homes that came off the market had a median price of $399,500.
In the Hart, 92 single-family homes changed hands with a median price of $622,000.
Lastly in College Heights, 123 single-family homes were sold for about $585,000.
At the end of June there were 778 properties of all types available for purchase within the northern capital.
Market activity varied considerably throughout the board region.
Seasonally adjusted sales rose from the prior quarter in Fort St. John, 100 Mile House, Prince George, Prince Rupert, and Smithers.
Meanwhile, sales dipped in Kitimat, Quesnel, Terrace, and Williams Lake.
The BCNREB stated while activity remains below average, the region continues to outperform many other major areas of the province.
The Bank of Canada is largely expected to raise rates in 2027 towards 2.75 per cent, though uncertainty lingers as monthly labour and GDP statistics remain volatile.
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