BCREA Housing Market Update (May 2019)
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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 ...
Continue ReadingStress Test Creating Pent-up Demand
The British Columbia Real Estate Association (BCREA) reports that a total of 5,707 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in March, a decline of 23 percent from the same month last year. The average MLS® residential price in the province was $687,720, a decline of ...
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