The British Columbia Real Estate Association (BCREA) reports that a total of 11,051 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in October 2020, an increase of 43.8 per cent from October 2019. The average MLS® residential price in BC set a record of $812,960, a 12.5 per cent increase ...
Continue ReadingThe British Columbia Real Estate Association (BCREA) released it’s 2020 Second Quarter Housing Forecast today. Multiple Listing Service® (MLS®) residential sales in the province are forecast to decline 21 percent to approximately 61,000 units this year, after recording 77,347 residential sales in 2019. MLS® residential sales are forecast to increase 45.3 percent ...
Continue ReadingHave you been wondering what has been going on in the real estate market this year? Here is a look at single-family home sales for the Kootenay region. ...
Continue ReadingThe Bank of Canada held its overnight rate at 0.25 percent this morning, a level it considers it’s effective lower bound. In the statement accompanying the decision, the Bank noted that incoming data seems to signal that the impact of COVID-19 on the economy has peaked, though there remains significant ...
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