BC Home Sales

• B.C. home sales slide almost 10% in March

  The 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.

  Canada

  Apr 15
  
• 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.

  Economy

  Jan 2, 2023
  
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• B.C. home sales plummet in July, but prices still edge upward

  The 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.

  Canada

  Aug 11, 2022
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• Higher interest rates push homes sales in B.C. back toward normal, says association

  British 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.

  Economy

  May 12, 2022
• B.C. sees strong real estate sales in April, but market could calm in coming months: BCREA

  While 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.

  Money

  May 12, 2021
• B.C. housing market to stabilize in 2020, accelerate in 2021: federal report

  British Columbia's housing slowdown may be bottoming out.

  Money

  Oct 24, 2019
• Fraser Valley home sales see 2nd slowest April in 10 years

  The 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.

  Consumer

  May 3, 2019
• New report says B.C. housing market in midst of recession that could last for 3 years

  Central 1 Credit Union linked what it calls a "mild" recession to the latest mortgage stress test rules and provincial regulations in B.C.

  Consumer

  Dec 18, 2018
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• Falling B.C. real estate market projected to bring national home sales down to nearly 10-year low

  The Canadian Real Estate Association's latest quarterly forecast projects B.C.'s market will take another 5.2-per-cent hit in 2019.

  Consumer

  Dec 17, 2018
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• Mortgage rules starting to hurt housing affordability: BC Real Estate Association

  The new, more stringent mortgage rules are slowing home sales in B.C.

  Economy

  Jun 15, 2018