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Affordability Continues to Weigh on Housing Demand

Affordability Continues to Weigh on Housing Demand

Affordability Continues to Weigh on Housing Demand Vancouver, BC – May 14, 2019. 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...
Mortgage Rate Forecast March 2019

Mortgage Rate Forecast March 2019

The March issue of Mortgage Rate Forecast is now available on BCREA Online. Highlights: Mortgage rates falling to start 2019 Temporary slowdown in the Canadian economy or something more serious? How high? Mortgage stress test and the neutral rate Send questions and...
Policy Induced Housing Slowdown Continues into 2019

Policy Induced Housing Slowdown Continues into 2019

Policy-Induced Housing Slowdown Continues into 2019 Vancouver, BC – February 15, 2019. The British Columbia Real Estate Association (BCREA) reports that a total of 3,546 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in January, a decline...
Royal LePage Q4 2018 House Price Survey

Royal LePage Q4 2018 House Price Survey

Just Released: Royal LePage Q4 2018 House Price Survey Key highlights from the national release include: The price of a home in Canada increased 4.0 per cent year-over-year to $631,223 in the fourth quarter of 2018, continuing the recovery from the most significant...
BC Home Sales Decline 25% in 2018

BC Home Sales Decline 25% in 2018

BC Home Sales Decline 25% in 2018 Vancouver, BC – January 15, 2019. The British Columbia Real Estate Association (BCREA) reports that a total of 78,345 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in 2018, a decline of 24.5 per cent...