BC Real Estate Facts
Below are the top fast facts about British Columbia (BC) real estate:
What is the total value of privately-owned property in BC?
The value of private property in British Columbia was $2.72 trillion as of January 2023.
Source: BC Assessment Authority
How many home sales were processed by the Land Title and Survey Authority of British Columbia (LTSA), and the total value?
In 2022, there were 80,898 homes sold in British Columbia, with an average price of $996,700. In the Greater Vancouver area the average home price was $1,272,096.
According to LTSA's land register, what is the number of current active titles and active charges in BC?
As of March 31, 2023, there were 2.25 million active titles and 2.6 million active charges.
Source: Land Title and Survey Authority of BC
How much land in BC is Crown land, and how much is privately owned?
Crown land comprises about 94% of the total geographic area of British Columbia, and about 5% of land in British Columbia is privately owned. Federal Crown land comprises 1%.
Sources: Province of British Columbia
What is the total investment in BC private land construction projects?
The value of new construction in British Columbia in 2022 was roughly $34 billion.
Source: BC Assessment
How many active strata corporations and strata lots are there in BC?
As of March 31, 2023, there were 32,344 filed strata plans and 690,980 active strata lots.
Source: Land Title and Survey Authority of BC