The Impact of the B20 Stress Test on BC Home Sales in 2018
July 9th, 2019
Blog by Don Kennedy
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Home Sales to Rise in 2020
June 18th, 2019
BC Home Sales to Rise in 2020BCREA 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 ...
Mortgage Stress Test Creating Pent-up Real Estate Demand
April 17th, 2019
Stress Test Creating Pent-up Demand
Vancouver, BC – April 15, 2019. The British Columbia Real Estate Association (BCREA) reports that a total of 5,707 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in March, a decline of 23 per cent from the same month last year. The average MLS® residential price in the province was $687,720, a decline of 5.4 per cent from ...
JOBS UP, SALES DOWN -STRESS TEST THE CULPRIT
March 13th, 2019
Mortgage Stress Test Continues to Dampen Home Sales in February
Vancouver, BC – March 13, 2019. The British Columbia Real Estate Association (BCREA) reports that a total of 4,533 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in February, a decline of 27 per cent from the same month last year. The average MLS® residential price in the province was $678,625, ...
BCREA REAL ESTATE FORECAST
February 25th, 2019
Housing Market Adjusts to Mortgage Stress Test
BCREA 2019 First Quarter Housing Forecast Update
Vancouver, BC – February 25, 2019. The British Columbia Real Estate Association (BCREA) released its 2019 First Quarter Housing Forecast Update today.
Multiple Listing Service® (MLS®) residential sales in the province are forecast to increase 2 per cent to 80,000 units this year, af ...
BCREA BLAMES STRESS TESTS FOR SLOW MARKET
February 15th, 2019
Policy-Induced Housing Slowdown Continues into 2019
Vancouver, BC – February 15, 2019. The British Columbia Real Estate Association (BCREA) reports that a total of 3,546 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in January, a decline of 33.2 per cent from the same month last year. The average MLS® residential price in the province was $665,590, a declin ...
Balanced Conditions Prevail in BC Housing Market
November 16th, 2018
Vancouver, BC – November 14, 2018. The British Columbia Real Estate Association (BCREA) reports that a total of 6,405 residential unit sales were recorded by the Multiple Listing Service® (MLS®) across the province in October, down 26.2 per cent from the same month last year. The average MLS® residential price in BC was $690,161, a decline of 4.1 per cent from October 2017. Total sales ...
BC Home Sales to Rise in 2019
November 8th, 2018
BC Home Sales to Rise in 2019 BCREA 2018 Fourth Quarter Housing Forecast
Vancouver, BC – November 8, 2018. The British Columbia Real Estate Association (BCREA) released its 2018 Fourth Quarter Housing Forecast today.
Multiple Listing Service® (MLS®) residential sales in the province are forecast to decline 23 per cent to 80,000 units this year, after recording 103,768 residential sal ...