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Blog by Don Kennedy

BCREA 2018 Second Quarter Forecast Sees Housing Slowdown

May 31st, 2018

Slower Growth Expected for Economy and Housing Market 
BCREA 2018 Second Quarter Housing Forecast Update

Vancouver, BC – May 31, 2018. The British Columbia Real Estate Association (BCREA) released its 2018 Second Quarter Housing Forecast today.

Multiple Listing Service® (MLS®) residential sales in the province are forecast to decline 9 per cent to 94,200 units this year, after postin ...

BC Home Sales Show Little Change in April

May 14th, 2018

BC Home Sales Show Little Change in April

Vancouver, BC – May 14, 2018. The British Columbia Real Estate Association (BCREA) reports that a total of 8,203 residential unit sales were recorded by the Multiple Listing Service® (MLS®) across the province in April, a 16.8 per cent decrease from the same month last year. The average MLS® residential price in BC was $730,507, up 0.2 per cent ...

BC UNEMPLOYMENT UP UNDER NEW GOVERNMENT

May 12th, 2018
BCREA ECONOMICS NOW

Canadian Employment - May 11, 2018

Canadian employment was essentially unchanged in April on a monthly basis but up 1.5 per cent compared to 1 year ago. The national unemployment rate remained unchanged at 5.8 per cent and total hours worked across the economy grew by 1.9 per cent.

In BC, employment grew by 2,900 jobs. With the economy close to its full-employment level, part ...

VANCOUVER WEST APRIL HOUSE MARKET

May 5th, 2018

Attached please find the latest statistics from the Real Estate Board of Greater Vancouver.

 

The News Release laments the softest April since 2001 with sales 22.5 percent below the ten year average for that month. Buyers have more selection but are hamstrung by lower purchasing power under new mortgage requirements. Last month total residential sales decline 27.4 percent compared to April ...

VANCOUVER EAST APRIL HOUSE MARKET

May 5th, 2018

Attached please find the latest statistics from the Real Estate Board of Greater Vancouver.

 

The News Release laments the softest April since 2001 with sales 22.5 percent below the ten year average for that month. Buyers have more selection but are hamstrung by lower purchasing power under new mortgage requirements. Last month total residential sales decline 27.4 percent compared to April ...

VANCOUVER WEST APRIL APARTMENT MARKET

May 5th, 2018

Attached please find the latest statistics from the Real Estate Board of Greater Vancouver.

 

The News Release laments the softest April since 2001 with sales 22.5 percent below the ten year average for that month. Buyers have more selection but are hamstrung by lower purchasing power under new mortgage requirements. Last month total residential sales decline 27.4 percent compared to April ...

VANCOUVER EAST APRIL APARTMENT MARKET

May 5th, 2018

Attached please find the latest statistics from the Real Estate Board of Greater Vancouver.

 

The News Release laments the softest April since 2001 with sales 22.5 percent below the ten year average for that month. Buyers have more selection but are hamstrung by lower purchasing power under new mortgage requirements. Last month total residential sales decline 27.4 percent compared to April ...

VANCOUVER EAST APRIL TOWNHOME MARKET

May 5th, 2018

Attached please find the latest statistics from the Real Estate Board of Greater Vancouver.

 

The News Release laments the softest April since 2001 with sales 22.5 percent below the ten year average for that month. Buyers have more selection but are hamstrung by lower purchasing power under new mortgage requirements. Last month total residential sales decline 27.4 percent compared to April ...

VANCOUVER WEST APRIL TOWNHOME MARKET

May 5th, 2018

Attached please find the latest statistics from the Real Estate Board of Greater Vancouver.

 

The News Release laments the softest April since 2001 with sales 22.5 percent below the ten year average for that month. Buyers have more selection but are hamstrung by lower purchasing power under new mortgage requirements. Last month total residential sales decline 27.4 percent compared to April ...

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