What is the Assessed Value of Your Home – BC Assessed Values are now out!

& B.C. Real Estate, BC Real Estate Update, Blog Post.

Happy New Year! Now that 2019 is upon us so are the new assessed values for real estate in British Columbia. On January 1st every year the BC Assessment Authority publishes what they believe are the values for real estate in BC. These values are a generality, comparing your home with other homes in your […]

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Economy, Population Growth Support Housing Demand Through 2018

& B.C. Real Estate, BC Real Estate Update, Blog Post.

Multiple Listing Service® (MLS®) residential sales in the province are forecast to decline 14.1 per cent to 96,345 units this year, after reaching a record 112,209 units in 2016. A moderation trend that began early in 2016, combined with tougher federal government mortgage qualification rules and the foreign buyer tax in Vancouver, is expected to […]

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BC Home Sales Post Record Year

& B.C. Real Estate, BC Real Estate Update, Blog Post.

The British Columbia Real Estate Association (BCREA) reports that a record 112,209 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in 2016, an increase of 9.5 per cent from the previous year. Total sales dollar volume was a record $77.6 billion, up 18.8 per cent from 2015. The average MLS® residential price […]

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BC Home Sales Trend Toward 10 Year Average

& B.C. Real Estate, Blog Post.

The British Columbia Real Estate Association (BCREA) reports that 6,419 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in November, down 20.1 per cent from the same month last year. Total sales dollar volume was $4.02 billion in November, a decline of 25.2 per cent compared to the previous year. The average […]

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BC Home Sales to Decline in 2017 from Record Pace

& B.C. Real Estate, Blog Post.

The British Columbia Real Estate Association (BCREA) released its 2016 Fourth Quarter Housing Forecast today. Multiple Listing Service® (MLS®) residential sales in the province are forecast to climb 11 per cent to a record 113,800 units this year, eclipsing the previous record of 106,310 units in 2005. Less robust economic conditions combined with government policy […]

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BC Housing Demand Remains Mixed in October

& B.C. Real Estate, BC Real Estate Update, Blog Post, Economics.

The British Columbia Real Estate Association (BCREA) reports that 7,272 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in October, down 16.7 per cent from the same month last year. Total sales dollar volume was $4.4 billion in October, down 24.2 per cent compared to the previous year. The average MLS® residential […]

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BC Housing Demand Remains Strong Despite Fewer Vancouver Home Sales

& B.C. Real Estate, BC Real Estate Update, Blog Post.

The British Columbia Real Estate Association (BCREA) reports that 8,945 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in August, up 1.5 per cent from the same month last year. Total sales dollar volume was $5.1 billion in August, down 6.7 per cent compared to the previous year. The average MLS® residential […]

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Record BC Home Sale Forecast Despite Vancouver Slowdown

& B.C. Real Estate, BC Real Estate Update, Blog Post, Canadian Real Estate, In the News, Update.

Vancouver, BC – August 25, 2016. The British Columbia Real Estate Association (BCREA) released its 2016 Third Quarter Housing Forecast Update today. Multiple Listing Service® (MLS®) residential sales in the province are forecast to climb 10.4 per cent to a record 113,000 units this year, eclipsing the previous record of 106,310 units in 2005. Housing […]

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