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Housing Market Adjusts to Mortgage Stress Test
BCREA 2019 First Quarter Housing Forecast Update The British Columbia Real Estate Association (BCREA) released its 2019 First Quarter Housing Forecast Update today. Multiple Listing Service® (MLS®) residential sales in the province are forecast to increase 2 per cent to 80,000 units this year, after recording 78,345 residential sales in ...
Continue ReadingAugust Home Sales Suggest Impact of Stress Test Fading
The British Columbia Real Estate Association (BCREA) reports that a total of 6,743 residential unit sales were recorded by the Multiple Listing Service® (MLS®) across the province in August, a 26.4 percent decrease from the same month last year. The average MLS® residential price in BC was $669,776, down 1.2 ...
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