BC Home Sales
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B.C. home sales slide almost 10% in MarchThe B.C. Real Estate Association says the province saw 6,460 residential unit sales in the Multiple Listing Service systems last month, a 9.5 per cent decline from March 2023.CanadaApr 15, 2024
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As foreign homebuyer ban takes effect, experts expect little change in B.C.The new measure, which took effect on Jan. 1, 2023, bars most non-residents and foreign commercial enterprises from buying residential properties in Canada for the next two years.EconomyJan 2, 2023
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B.C. home sales plummet in July, but prices still edge upwardThe average price for a home in Greater Vancouver climbed 3.3 per cent to $1.2 million, while in the Fraser Valley the average price rose 4.2 per cent to $1.15 million.CanadaAug 11, 2022
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Higher interest rates push homes sales in B.C. back toward normal, says associationBritish Columbia home sales figures for April show 8,939 properties changed hands last month, a decrease of 34.9 per cent from the record high set in April last year.EconomyMay 12, 2022
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B.C. sees strong real estate sales in April, but market could calm in coming months: BCREAWhile sales activity was the highest on record for the month of April, the BCREA says it sees the market calming down in the next few months.MoneyMay 12, 2021
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B.C. housing market to stabilize in 2020, accelerate in 2021: federal reportBritish Columbia's housing slowdown may be bottoming out.MoneyOct 24, 2019
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Fraser Valley home sales see 2nd slowest April in 10 yearsThe valley saw sales drop 19 per cent over April 2018, though the region did get a spring bump of 13 per cent from March of this year.ConsumerMay 3, 2019
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New report says B.C. housing market in midst of recession that could last for 3 yearsCentral 1 Credit Union linked what it calls a "mild" recession to the latest mortgage stress test rules and provincial regulations in B.C.ConsumerDec 18, 2018
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Falling B.C. real estate market projected to bring national home sales down to nearly 10-year lowThe Canadian Real Estate Association's latest quarterly forecast projects B.C.'s market will take another 5.2-per-cent hit in 2019.ConsumerDec 17, 2018
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Mortgage rules starting to hurt housing affordability: BC Real Estate AssociationThe new, more stringent mortgage rules are slowing home sales in B.C.EconomyJun 15, 2018
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