Tag Archives: BCREA

BCREA Housing Market Update – March 2018

The British Columbia Real Estate Association (BCREA) reports that a total of 6,206 residential unit sales were recorded by the Multiple Listing Service® (MLS®) across the province in February, a 5.7% decrease from the same period last year. The average MLS® residential price in BC was $748,327, up 8.8% from the previous year. Total sales dollar volume was … Read More

New Mortgage Qualification Rules Temper Housing Demand

MLS Residential Sales - Feb'18 - Mark J. Walker

It appears the new mortgage qualification rules have tempered housing demand.  The British Columbia Real Estate Association (BCREA) reports that a total of 6,206 residential unit sales were recorded by the Multiple Listing Service® (MLS®) across the province in February, a 5.7% decrease from the same period last year. The average MLS® residential price in BC was $748,327, up 8.8% … Read More

BC Housing Demand Forecast Slower Through 2019

Multiple Listing Service® (MLS®) residential sales in the province are forecast to decline 8.6 per cent to 94,855 units this year, after recording 103,763 residential sales in 2017. MLS® residential sales are forecast to edge back a further 1 per cent to 94,025 units in 2019. Housing demand is expected to remain above the 10-year average of 84,800 units into … Read More

Vigorous Housing Demand Unabated in August

The British Columbia Real Estate Association (BCREA) reports vigorous housing demand unabated in August, throughout BC. A total of 8,811 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in August, up 20 per cent from the same month last year. Total sales dollar volume was $5.5 billion, a 32.8 per cent increase in comparison to the previous … Read More

High Consumer Confidence and Tight Supply Continue to Strengthen Real Estate Prices!

High consumer confidence and tight supply continue to strengthen real estate prices, reports the British Columbia Real Estate Association (BCREA). A total of 10,247 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in July, up 20.7 per cent from the same month last year. Total sales dollar volume was $6.2 billion, a 33.9 per cent increase in … Read More

BC Home Sales Mirror Vancouver and Post Second Strongest June on Record

BC home sales mirror Vancouver and post second strongest June on record, reports the British Columbia Real Estate Association (BCREA). A total of 11,294 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in June, up 25.6 per cent from the same month last year. Total sales dollar volume was $7.1 billion, a 42.6 per cent increase in

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BCREA Reports May Homes Sales at Eight Year High

BCREA reports May homes sales at eight year high. A total of 10,174 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in May, up 16.6 per cent from the same month last year. Total sales dollar volume was $6.4 billion, a 30.4 per cent increase in comparison to the previous year. The average MLS® residential price in

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Hottest April for Home Sales in a Decade

BCREA Chart of Hottest April for Home Sales in a Decade

The British Columbia Real Estate Association (BCREA) reports that BC just had the hottest April for home sales in a decade, with a total of 9,952 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in May, up 28.7 per cent from the same month last year. Total sales dollar volume was $6.3 billion, a 45.5 per cent … Read More

BC Housing Demand Continues Strong Through February

2015-02chart

BC Housing Demand Continues Strong through February.  BCREA reports that a total of 6,661 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in February, up 19.4 per cent from the same month last year. Total sales dollar volume was $4.3 billion, an increase of 24.8 per cent compared to a year ago. The average MLS® residential price … Read More

BC Home Sales Start 2015 in Positive Territory

Vancouver, BC – February 13, 2015. The British Columbia Real Estate Association (BCREA) reports that a total of 4,377 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in January, up 3.1 per cent from the same month last year. Total sales dollar volume was $2.6 billion, an increase of 8.3 per cent compared to a year ago. … Read More