BC Commercial Leading Indicator Trend Still Points to Growth

& BC Real Estate Update, Prestigious, Victoria Real Estate Update.

BC Commercial Leading Indicator Edges Lower, but Trend Still Points to Growth Vancouver, BC – May 27, 2014. The BCREA Commercial Leading Indicator (CLI) declined 0.4 points to an index level of 114.5 in the first quarter of 2014, breaking a string of four consecutive quarterly increases. On a year-over-year basis, the CLI was 1.5 […]

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May British Columbia Housing Market Update

& BC Real Estate Update, Blog Post, Victoria Real Estate Update.

The British Columbia Real Estate Association (BCREA) reports that a total of 7,730 residential sales were recorded by the Multiple Listing Service® (MLS®) in April, up 12 per cent from April 2013. Total sales dollar volume was $4.3 billion, an increase of 19 per cent compared to a year ago. The average MLS® residential price […]

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BC Manufacturing Sales up 3.1% Over Same Period Last Year

& BC Real Estate Update, Prestigious, Victoria Real Estate Update.

BCREA ECONOMICS NOW Canadian Manufacturing Sales – May 15, 2014 Canadian manufacturing sales rose for the third consecutive month, edging up 0.4 per cent in March.  Sales were higher in 11 of 21 manufacturing sub-sectors. In BC, manufacturing sales fell 0.6 per cent on a monthly basis, but were 0.6 per cent higher than March […]

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BC MLS® Residential Sales Forecast to Increase

& BC Real Estate Update, Prestigious, Victoria Real Estate Update.

Vancouver, BC – May 15, 2014. The British Columbia Real Estate Association (BCREA) released its 2014 Second Quarter Housing Forecast today. BC Multiple Listing Service® (MLS®) residential sales are forecast to increase 5.2 per cent to 76,700 units this year, before increasing a further 6.7 per cent to 81,800 units in 2015. The five-year average […]

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BCREA News Update- Record Low Mortgage Rates Push Home Sales Higher

& BC Real Estate Update, Blog Post, Victoria Real Estate Update.

Vancouver, BC – May 13, 2014.  The British Columbia Real Estate Association (BCREA) reports that a total of 7,730 residential sales were recorded by the Multiple Listing Service® (MLS®) in April, up 12 per cent from April 2013. Total sales dollar volume was $4.3 billion, an increase of 19 per cent compared to a year […]

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Estate Sale Update

& BC Real Estate Update, Blog Post, Victoria Real Estate Update.

The British Columbia provincial government has recently enacted new wills and estate legislation called the Wills, Estates and Succession Act (“WESA”) that replaces the existing wills and estate legislation. As a result of WESA, almost all forms required to be submitted to the probate office to process a probate application have changed. As the probate […]

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Hot New Property – Bright and Open Close to the Beach

& BC Real Estate Update, Prestigious, Victoria Real Estate Update.

Wonderful Home in the popular Lagoon area of Colwood.   Newer home in sought after Lagoon area, steps to the, beach, ocean & bird sanctuary. This well cared for 3 bed, 3 bath home has a bright, open concept with over 1800 sqft of living space and large, private backyard. French doors lead from the […]

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