Real Estate

Average asking rents in B.C. fell 4.5 per cent year over year in July to $2,384, a new report said.

Average rents in B.C. fell 5.7 per cent in the second quarter of 2026, one of the steepest declines in Canada, according to a new report from Rentals.ca and Urbanation.

The Fort St. John real estate market remained largely unchanged through the first half of 2026, although the total value of properties sold saw a notable increase compared to the same period last year.

Residential real estate activity in the South Peace River region slowed compared with a year ago in June, but the local market still recorded its strongest month of the year and climbed above its long-term average.

The South Peace River housing market saw a surge in new listings in May, even as home sales and overall inventory remained below year-ago levels.

South Peace River home sales slowed sharply in April compared with a year earlier, but the market remained relatively balanced as prices held steady and inventory declined, the Association of Interior REALTORS said.

Fort St. John is the most affordable place to buy a home in northern B.C., requiring just 25.1 per cent of median household income, according to the B.C. Northern Real Estate Board.

Housing sales declined in Fort St. John and fell more steeply in Fort Nelson in the first quarter of 2026, as economic uncertainty continued to weigh on northeastern B.C.’s real estate markets, the B.C. Northern Real Estate Board said.

The BCNREB released their report for the second quarter of 2025 and found Fort St John's and Fort Nelson's markets showed a decline.