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BC Housing Markets Off to a Strong Start in 2020
The British Columbia Real Estate Association (BCREA) reports that a total of 4,426 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in January 2020, an increase of 23.7 per cent from the 3,579 units sold in January 2019. The average MLS® residential price in BC was $725,370, a 9.1 ...
Continue ReadingHousing Markets Flat in 2019 After Strong Second Half
The British Columbia Real Estate Association (BCREA) reports that a total of 77,331 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in 2019, a decline of 1.5 percent from the 78,516 units sold in 2018. The annual average MLS® residential price in BC was $700,460, a decline of 1.6 ...
Continue ReadingPrivacy Notice and Consent Form
The British Columbia Real Estate Association (BCREA) has created a new video to help people better understand the Privacy Notice and Consent form, and how a REALTOR(r) protects their personal information during and after a real estate transaction. https://youtu.be/yNNWtxrEnWQ ...
Continue ReadingMortgage Rate Forecast (December 2019)
Highlights: Wild year for interest rates Canadian economy: slow and steady Why is the Bank of Canada holding back? Mortgage Rate Outlook As the year ends, it's worth reflecting on how significantly the Canadian interest rate environment has changed in just twelve months. One year ago, the Canadian yield curve was its ...
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