January 2012

BCREA 2012 First Quarter Housing Forecast Update

Posted on Jan 27, 2012

The British Columbia Real Estate Association (BCREA) released its 2012 First Quarter Housing Forecast Update today.

"Modest economic growth at home and abroad is expected to limit growth in consumer demand both this year and in 2013,” said Cameron Muir, BCREA Chief Economist.

BC Multiple Listing Service® (MLS®) residential sales are forecast to incr...

Read More

Home Sales Increase Last Year

Posted on Jan 13, 2012

The British Columbia Real Estate Association (BCREA) reports that the dollar volume of homes sold through Multiple Listing Service® (MLS®) in BC climbed 14.3 per cent to $43.1 billion in 2011. A total of 76,817 homes were sold in BC in 2011, up 2.9 per cent from 2010. The average annual MLS® residential price climbed 11.1 per cent to $561,026 over...

Read More