Consumer Housing Depand Strong in May – Real Estate BC

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

Strongest May for Home Sales Since 2007 Vancouver, BC – June 13, 2014.  The British Columbia Real Estate Association (BCREA) reports that a total of 8,729 residential sales were recorded by the Multiple Listing Service® (MLS®) in May, up 13.9 per cent from May 2013. Total sales dollar volume was $4.9 billion, an increase of […]

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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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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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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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Low Mortgage Rates Key Driver in Spring Housing Market – Real Estate

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

Vancouver, BC – April 15, 2014.  The British Columbia Real Estate Association (BCREA) reports that a total of 6,661 residential sales were recorded by the Multiple Listing Service® (MLS®) in March, up 16.8 per cent from March 2013. Total sales dollar volume was $3.7 billion, an increase of 21.5 per cent compared to a year […]

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