August brought another dip in home sales across B.C., with numbers down 4.7% from last year—totaling 5,653 sales—and average prices just under $925,000. While there’s talk of a gradual recovery, sales still sit below our long-term averages. In the Okanagan, activity dropped 22%, while South Peace River saw a nearly 35% jump. Here in the Cowichan Valley, I’ve witnessed firsthand how these broader trends can play out differently from community to community. My years living and working across Cobble Hill, Lake Cowichan, Duncan, and Shawnigan Lake have shown me that understanding local nuances is key. Whether you’re keeping an eye on the numbers or planning your next move, having a true local perspective makes all the difference when navigating the real estate market.
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