BC Homes Sales to Post Strong Recovery in 2021
Posted on Jun 10, 2020 in Market Update
BCREA 2020 Second Quarter Housing Forecast
The British Columbia Real Estate Association (BCREA) released its 2020 Second Quarter Housing Forecast today.
Multiple Listing Service® (MLS®) residential sales in the province are forecast to decline 21 per cent to approximately 61,000 units this year, after recording 77,347 residential sales in 2019. MLS®...
Multiple Listing Service® (MLS®) residential sales in the province are forecast to decline 21 per cent to approximately 61,000 units this year, after recording 77,347 residential sales in 2019. MLS®...
Greater Vancouver Real Estate Statistics - May 2020
Posted on Jun 02, 2020 in Market Update
Home prices remain steady, buyers and sellers become more comfortable operating in today’s market
Metro Vancouver home prices have remained steady since provincial health officials implemented physical distancing requirements in March.The Real Estate Board of Greater Vancouver (REBGV) reports that the MLS® Home Price Index composite benchmark price...
Housing Market Slows, but Resilient in Response to Pandemic
Posted on May 13, 2020 in Market Update
The British Columbia Real Estate Association (BCREA) reports that a total of 3,284 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in April 2020, a decline of 50.8 per cent from April 2019. The average MLS® residential price in BC was $737,834, a 7.8 per cent increase from $684,430 recorded the previous year. Total sale...Covid-19 Impacts March Real Estate Sales in Vancouver
Posted on Apr 15, 2020 in Market Update
The British Columbia Real Estate Association (BCREA) reports that a total of 6,717 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in March 2020, an increase of 17.2 per cent from March 2019. The average MLS® residential price in BC was $789,548, a 15.1 per cent increase from $685,892 recorded the previous year. Total s...March 2020 - Vancouver Real Estate Statistics
Posted on Apr 02, 2020 in Market Update
Home buyers and sellers adjust their activities in March amid challenging circumstances
The Real Estate Board of Greater Vancouver (REBGV) reports that residential ho...
Commercial real estate sales decline in the Lower Mainland in 2019
Posted on Apr 01, 2020 in Market Update
Commercial real estate activity remains below the pace of recent years
Sales and dollar value activity in the Lower Mainland’s commercial real estate market declined in 2019 compared to long-term historical averages.
There were 1,538 commercial real estate sales in the Lower Mainland in 2019, a 32.8 per cent decrease from the 2,288 sales in 2018 and...
