To view the BCREA Housing Forecast Update PDF, click here.

Provincial Housing Market Set Up for Very Strong 2021

BCREA 2021 First Quarter Housing Forecast Update

Vancouver, BC – January 25, 2021. The British Columbia Real Estate Association (BCREA) released its 2021 First Quarter Housing Forecast Update today.

Multiple Listing Service® (MLS®) residential sales in the province are forecast to rise 15.6 per cent to 108,680 units this year, after recording 94,021 sales in 2020. In 2022, MLS® residential sales are forecast to pull back 9 per cent to 98,850 units.

“After an unprecedented and often surprising performance in 2020, the provincial housing market is set up for a very strong year in 2021,”...

Royal LePage: More than half of Canada’s largest real estate markets see double-digit price growth as national home values soar 9.7% in fourth quarter

Read the full national release here, and find regional insights here.

Fourth quarter regional highlights:

• Price of detached homes continue to outpace condominiums as Canadians trade location for square footage
• Despite strong push toward the suburbs, Toronto and Montreal single-family homes see double-digit price gains in city centres
• Median price of a two-storey home in Greater Vancouver rises 8.8% as buyers prioritize square footage
• Out-of-region buyers spur Maritimes’ home prices, as option of remote work and demand for large, affordable properties grows
• Aggregate price...

Finding the best Salmon Arm real estate for you isn’t difficult when you work with an experienced, local real estate agent like myself. With 2021 underway we are anticipating another great sales year. The pent up demand for recreational property and larger spaces has reached a fever pitch.While inventory in Salmon Arm remains low, (hello sellers!), we are still able to find amazing Salmon Arm homes for our clients new and old.

If you’re hoping to make a move to Salmon Arm and leave 2020 in the dust then follow along as I provide you with tips on how to prepare your home for sale in 2021!

Prepare your home for sale so you can find the best Salmon Arm real estate!

After a long winter, where many of us were literally forced inside, it...

Strong December Home Sales Close Out an Unprecedented Year

For the complete news release, including detailed statistics, click here.

Vancouver, BC – January 13, 2021. The British Columbia Real Estate Association (BCREA) reports that a total of 93,953 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in 2020, an increase of 21.5 per cent from the 77,350 units sold in 2019. The annual average MLS® residential price in BC was $782,027, an 11.7 per cent increase from $700,369 recorded the previous year. Total sales dollar volume was $73.5 billion, a 35.6 per cent increase from 2019.

“Housing markets across the province staged a remarkable recovery during the COVID-19 pandemic...