BC Commercial Leading Indicator Continues to Push Higher

& BC Real Estate Update, Blog Post.

The BCREA Commercial Leading Indicator (CLI) increased 0.48 index points to 122.7 in the second quarter of 2016, in spite of a modest pull-back in economic activity throughout the third quarter. The CLI index is up 2.4 per cent compared to the third quarter of 2015. “Job growth in key commercial sectors and robust consumer […]

All Articles Read More

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 […]

All Articles Read More

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 […]

All Articles Read More

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 […]

All Articles Read More

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 […]

All Articles Read More