Record BC Home Sale Forecast Despite Vancouver Slowdown

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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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Tight Market Conditions Prevail Around the Province

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Vancouver, BC – July 14, 2016. The British Columbia Real Estate Association (BCREA) reports that a record 12,906 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in June, up 14.3 per cent from the same month last year. Total sales dollar volume was $8.97 billion in June, up 25.7 per cent compared […]

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Record Home Sales Creates Wave of New Home Construction

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Vancouver, BC – June 15, 2016. The British Columbia Real Estate Association (BCREA) reports that a record 13,458 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in May, up 32.3 per cent from the same month last year. Home sales last month exceeded April’s record of 12,969 units. Total sales dollar volume […]

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CLI Indicates Growing Activity in Commercial Real Estate

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Vancouver, BC – May 27, 2016. The BCREA Commercial Leading Indicator (CLI) pushed higher in the first quarter of 2016, reflecting a strong and growing BC economy. The CLI index posted a 1.1 point increase to 120.8, eclipsing the previous index high of 120.1 set in the first quarter of 2015. “The BC economy is […]

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BC Home Sales Continue to Smash Record Book

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Vancouver, BC – May 13, 2016. The British Columbia Real Estate Association (BCREA) reports that a record 12,969 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in April, up 30.3 per cent from the same month last year. Home sales last month beat March’s record of 12,560 units. Total sales dollar volume […]

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BC Home Sales Post All Time Record

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

Vancouver, BC – April 15, 2016. The British Columbia Real Estate Association (BCREA) reports that a record 12,560 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in March, up 38 per cent from March of last year. Home sales last month eclipsed the previous record of 11,683 unit sales in May of […]

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BCREA Provides Recommendations to Independent Advisory Group

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Vancouver, BC – April 14, 2016. The British Columbia Real Estate Association (BCREA) presented its recommendations to the Independent Advisory Group (IAG), which is chaired by Superintendent of Real Estate Carolyn Rogers on April 12, 2016. “BCREA fully supports the IAG’s work, and any measures that improve consumer trust and REALTOR® professionalism,” said BCREA President […]

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BCREA Housing Market Update – March 2016

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“Housing demand is now at a break-neck pace,” said Cameron Muir, BCREA Chief Economist. “Home sales last month were not only a record for the month of February, but on a seasonally adjusted basis, demand has never been stronger in the province.” (BCREA) The following video features BCREA Chief Economist, Cameron Muir, discussing February 2016’s […]

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