BCREA Housing Market Update (February 2018)
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Canadian home sales drop in January
Home sales via Canadian MLS® Systems dropped sharply in January after having climbed to the highest monthly level on record in December. Although activity retreated to the lowest monthly level in three years, January sales were on par with the 10-year monthly average. https://youtu.be/j0iejlFvI_s Copyright CREA ...
Continue ReadingBC Home Sales Dip After Strong December
The British Columbia Real Estate Association (BCREA) reports that a total of 5,306 residential unit sales were recorded by the Multiple Listing Service® (MLS®) across the province in January, an increase of 18.3 per cent from the same period last year. The average MLS® residential price in BC was $721,477, ...
Continue ReadingThe Impact of the BC Home Partnership Program
Read BCREA’s latest BCREA Market Intelligence Report: The Impact of the BC Home Partnership Program on Metro Vancouver Home Prices. Highlights of the report include our analysis indicates that the Home Partnership Program (HPP) contributed to an annualized increase of 0.55 per cent to the market price of an apartment and an ...
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