BCREA released it’s latest Housing Market Update for March of 2024. BC Real Estate Association Chief Economist Brendon Ogmundson discusses the February 2024 statistics. Home sales were… Read More

Vancouver, BC – March 13, 2024. The British Columbia Real Estate Association (BCREA) reports that a total of 5,497 residential unit sales were recorded in Multiple Listing Service®… Read More

Vancouver, BC – February 13, 2024. The British Columbia Real Estate Association (BCREA) reports that a total of 3,979 residential unit sales were recorded in Multiple Listing Service&r… Read More

BCREA 2024 First Quarter Housing Forecast Update Vancouver, BC – January 25, 2024. The British Columbia Real Estate Association (BCREA) released its 2024 First Quarter Housing For… Read More

Vancouver, BC – January 15, 2024. The British Columbia Real Estate Association (BCREA) reports that 73,109 residential unit sales were recorded by the Multiple Listing Service® (ML… Read More

BC Real Estate Association (BCREA) Chief Economist Brendon Ogmundson discusses the October 2023 statistics in the most recent Housing Market Update. Home sales in BC have continued to slow a… Read More

BC Real Estate Association (BCREA) Chief Economist Brendon Ogmundson discusses the August 2023 statistics. BCREA has released the latest housing market update for September of 2023. Home sal… Read More

BCREA 2023 Fourth Quarter Housing Forecast Vancouver, BC – October 25, 2023. The British Columbia Real Estate Association (BCREA) released its 2023 Fourth Quarter Housing Forecast toda… Read More

BCREA 2023 Third Quarter Housing Forecast Vancouver, BC – August 29, 2023. The British Columbia Real Estate Association (BCREA) released its 2023 Third Quarter Housing Forecast Up… Read More

The BC Real Estate Association has released it’s latest housing market update for June of 2023 which discusses May 2023’s statistics. Home sales were strong across BC For May wit… Read More

The BCREA released it’s latest housing market update for April of 2023. BC Real Estate Association (BCREA) Chief Economist Brendon Ogmundson discusses the March 2023 statistics. Home s… Read More

To view the latest Market Intelligence report PDF, click here. Summary of Findings The post-pandemic housing market has been notable for its stubborn refusal to track expectations. One… Read More

BC Real Estate Association (BCREA) Chief Economist Brendon Ogmundson discusses the January 2023 statistics. The BC real estate market is off to a slow start for 2023. Sales in the province a… Read More

BCREA 2023 Second Quarter Housing Forecast Vancouver, BC – May 2, 2023. The British Columbia Real Estate Association (BCREA) released its 2023 Second Quarter Housing Forecast today. Mu… Read More

Housing demand impact of record-high immigration is five times as large as the Foreign Buyers Ban: report Vancouver, BC – March 28, 2023. To fully offset a deterioration in housing aff… Read More

Vancouver, BC – March 13, 2023. The British Columbia Real Estate Association (BCREA) reports that a total of 4,775 residential unit sales were recorded in Multiple Listing Service®… Read More

Vancouver, BC – February 14, 2023. The British Columbia Real Estate Association (BCREA) reports that a total of 3,047 residential unit sales were recorded in Multiple Listing Service&r… Read More

As the Bank of Canada aggressively raised rates over the past year to fight multi-decade-high inflation, fears are mounting that tighter monetary policy will push the Canadian economy into r… Read More

Today we will dive into the significant and ongoing housing market price correction occurring in cities throughout British Columbia. Typical discourse focuses on Metro Vancouver and the asso… Read More

BCREA released it’s latest Housing Market Update for June 2022. Chief Economist Brendon Ogmundson discusses the May 2022 statistics. Mortgage rates have rapidly increased and have reac… Read More

BCREA 2022 Fourth Quarter Housing Forecast Vancouver, BC – November 8, 2022. The British Columbia Real Estate Association (BCREA) released its 2022 Fourth Quarter Housing Forecast… Read More

TorontoRealtyBlog A colleague of mine emailed me this essay last week. I was blown away. Not only by the sheer amount of content, which was twelve pages in a PDF, but also because of the res… Read More

Before investing in your dream home, it is beneficial for you, the buyer, to understand all the paperwork and legal documents that are required when purchasing real estate. Some are mandator… Read More

Welcome to our latest update on the BC Housing Market. If you’ve been paying attention to local or provincial news, you’ll be aware that changing macroeconomic factors are having… Read More

BCREA 2022 Second Quarter Housing Forecast Vancouver, BC – May 31, 2022. The British Columbia Real Estate Association (BCREA) released its 2022 Second Quarter Housing Forecast today. M… Read More

BC Real Estate Association (BCREA) Chief Economist Brendon Ogmundson discusses the March 2021 statistics. BCREA has released it’s latest Housing Market Update for April 2021. A histori… Read More

Whether you’re looking to sell your vacation home, rent a larger place, or are in the real estate market for a condo, it’s important to keep abreast of news that may affect your… Read More

On Thursday, July 21, the BC provincial government announced a mandatory 3-day “cooling off” period for accepted offers on residential real estate. We’re going to break dow… Read More

This Market Intelligence Housing report was created by BCREA in October 2021. You can find the full report here. During the COVID-19 pandemic, the demand for housing surged across BC despite… Read More

BCREA 2019 First Quarter Housing Forecast Update Vancouver, BC – February 25, 2019. The British Columbia Real Estate Association (BCREA) released its 2019 First Quarter Housing Fo… Read More