Categories for Economics

BC Home Sales on the Rise in May

The British Columbia Real Estate Association (BCREA) reports that a total of 8,221 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in May, a decline of 7 percent from the same month last year. The average MLS® residential price in the province was $707,829, a decline of ...

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Canadian Housing Starts

Canadian housing starts decreased by 13 percent on a monthly basis in May to 202,337 units at a seasonally adjusted annual rate (SAAR). This decline follows a strong rebound reported in the previous month. The trend in Canadian housing starts was down, averaging 202,000 units SAAR over the past six months, which is still a robust trend. In BC, ...

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BCREA Housing Market Update (May 2019)

https://youtu.be/qiEsCIqsvvs ...

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Affordability Continues to Weigh on Housing Demand

The British Columbia Real Estate Association (BCREA) reports that a total of 6,652 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in April, a decline of 18.9 percent from the same month last year. The average MLS® residential price in the province was $685,304, a decline of ...

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