BCREA

• B.C. housing prices to drop roughly 5% in 2023, real estate association predicts

  The B.C. Real Estate Association, which represents more than 25,000 realtors in the province, expects average home prices in the province to drop about five per cent next year.

  Consumer

  Nov 8, 2022
  
• Low housing supply a problem across B.C., real estate association says

  The association says just under 9,600 homes were sold in October, a decrease of 13.7 per cent from the same month a year ago.

  Consumer

  Nov 10, 2021
  
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• B.C.’s real estate market expected to ‘remain vigorous’ in 2022: BCREA

  'While we do not anticipate a repeat of the record-setting market of 2021, we do expect housing market activity to remain vigorous in 2022,' economist Brendon Ogmundson said. 

  Money

  Oct 28, 2021
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• 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
• 2019 saw British Columbia home sales, prices dip: BC Real Estate Association

  The agency said the average price of a home province-wide was $700,460, down 1.6 per cent from 2018, though that dip was a result of price drops in three key regions.  

  Jan 13, 2020
• B.C. home sales ‘continue to recover,’ says industry association after August bump

  The agency says nearly 7,100 homes sold across the province in August, up 4.9 per cent from the same month last year.

  Sep 12, 2019
• B.C. February home sales down 27% year over year

  The B.C. Real Estate Association is pinning the slowing pace of sales on new, tougher mortgage stress tests implemented federally last year. 

  Consumer

  Mar 13, 2019
• Shock of federal mortgage stress test now behind BC housing market: BCREA

  Housing demand to pick up in the next two years, according to BCREA's chief economist, Cameron Muir.

  Economy

  Feb 25, 2019
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• Slowdown in housing market continued in January: B.C. Real Estate Association

  Total sales volume was $2.36 billion, a 38.4 per cent decline from the same month last year, according to the Association.

  Economy

  Feb 15, 2019
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• Housing sales will fall this year, rise next year: B.C. Real Estate Association

  The number of B.C. home sales are expected to rise in 2019.

  Economy

  Nov 8, 2018