• fax: 1-866-743-3439
  • toll-free: 1-877-366-7327

Blog by Don Kennedy

< Previous

Why BC’s Housing Market Remains Strong Despite COVID-19

September 17th, 2020


“The Unusual World of Pandemic Economics” –
Why BC’s Housing Market Remains Strong Despite COVID-19

 
Vancouver, BC – Septemeber 9, 2020. The British Columbia Real Estate Association’s (BCREA) latest Market Intelligence report, The Unusual World of Pandemic Economics, points to uneven job losses across sectors, an increase in many households’ rate of savings, swift government aid, a tighter-th ...

BCREA 2020 Third Quarter Housing Forecast

August 27th, 2020
Vancouver, BC – August 25, 2020. The British Columbia Real Estate Association (BCREA) released its 2020 Third Quarter Housing Forecast Update today.



 Multiple Listing Service® (MLS®) residential sales in the province are forecast to rise 6.5 per cent to 82,380 units this year, after recording 77,351 residential sales in 2019. MLS® residential sales are forecast to increase 17.6 per cent to 96, ...

BC Housing Markets Bounce Back in June

July 16th, 2020

The British Columbia Real Estate Association (BCREA) reports that a total of 8,166 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in June 2020, an increase of 16.9 per cent from June 2019. The average MLS® residential price in BC was $748,155, a 9.1 per cent increase from $685,968 recorded the previous year. Total sales dollar volume in June was $6.1 billion, a 2 ...

BCREA 2020 First Quarter Housing Forecast

January 23rd, 2020
BC Homes Sales Carry Momentum into 2020

BCREA 2020 First Quarter Housing Forecast Update
 

Vancouver, BC – January 23, 2020. The British Columbia Real Estate Association (BCREA) released its 2020 First Quarter Housing Forecast Update today.

 Multiple Listing Service® (MLS®) residential sales in the province are forecast to increase 10.3 per cent to 85,290 units this year, after recording 77,349 ...

Falling Condo Production Cause of Low BC Housing Starts

September 11th, 2019
Canadian Housing Starts - September 10, 2019

 Canadian housing starts increased by 1.9% in August to 226,639 units at a seasonally adjusted annual rate (SAAR). The trend in Canadian housing starts was up, averaging 218,998 units SAAR over the past six months, continuing a robust trend.

 In BC, housing starts were down by 26% on a monthly basis to 39,266 units SAAR. This largely reflects activi ...

BC Home Sales Trend Lower in June

July 16th, 2019

BC Home Sales Trend Lower in June

Vancouver, BC – July 15, 2019. The British Columbia Real Estate Association (BCREA) reports that a total of 6,960 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in June, a decline of 11.8 per cent from the same month last year. The average MLS® residential price in the province was $687,584, a decline of 4 per cent from June ...

The Impact of the B20 Stress Test on BC Home Sales in 2018

July 9th, 2019

Home Sales to Rise in 2020

June 18th, 2019

BC Home Sales to Rise in 2020
BCREA 2019 Second Quarter Housing Forecast

Vancouver, BC – June 18, 2019. The British Columbia Real Estate Association (BCREA) released its 2019 Second Quarter Housing Forecast today.

Multiple Listing Service® (MLS®) residential sales in the province are forecast to decline 9 per cent to 71,400 units this year, after recording 78,346 residential sales in 2 ...

BC Home Sales on the Rise in May

June 14th, 2019

BC Home Sales on the Rise in May

Vancouver, BC – June 14, 2019. The British Columbia Real Estate Association (BCREA) reports that a total of 8,221 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in May, a decline of 7 per cent from the same month last year. The average MLS® residential price in the province was $707,829, a decline of 4.3 per cent from May 201 ...

FALLING HOME PRICES STILL UNAFFORDABLE

May 14th, 2019

Affordability Continues to Weigh on Housing Demand

Vancouver, BC – May 14, 2019. The British Columbia Real Estate Association (BCREA) reports that a total of 6,652 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in April, a decline of 18.9 per cent from the same month last year. The average MLS® residential price in the province was $685,304, a decline of 6.2 ...

< Previous

Archives