My Blog - News, Updates and Statistics 

Summer Housing Market Continues to Sizzle

(August 14, 2017, posted in BCREA Monthly Update)

Tim Wray, Prompton Real Estate, vancouver, BCREAThe British Columbia Real Estate Association (BCREA) reports that a total of 9,275 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in July, down 6.3 per cent from the same period last year. Total sales dollar volume was $6.48 billion, down 1.3 per cent from July 2016. The average MLS® residential price in the province was $698,761, a 5.3 per cent increase from the same... read more.

Strong Economy Keeps Housing Demand Above Long-Run Average

(July 13, 2017, posted in BCREA Monthly Update)

BCREA, Tim Wray, Prompton Real Estate, VancouverThe The British Columbia Real Estate Association (BCREA) reports that a total of 11,671 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in June, down 9.6 per cent from the same period last year. Total sales dollar volume was $8.47 billion, down 5.6 per cent from June 2016. The average MLS® residential price in the province was $725,778, a 4.4 per cent increase from the... read more.

Housing Supply Not Keeping Pace with Demand in Most BC Regions

(June 13, 2017, posted in BCREA Monthly Update)

BCREA, Tim Wray, Vancouver Real Estate, Prompton Real Estate ServicesThe British Columbia Real Estate Association (BCREA) reports that a total of 12,402 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in May, down 7.9 per cent from the same period last year. Total sales dollar volume was $9.33 billion, down 4.0 per cent from May 2017. The average MLS® residential price in the province was $752,536, a 4.2 per cent increase from the same... read more.

BC Home Sales Turn Higher, Inventories at 20-Year Low

(May 15, 2017, posted in BCREA Monthly Update)

BCREA, Tim Wray, Prompton Real Estate, VancouverThe British Columbia Real Estate Association (BCREA) that a total of 9,865 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in April, down 23.9 per cent from the same period last year. Total sales dollar volume was $7.19 billion, down 25.4 per cent from April 2016. The average MLS® residential price in the province was $728,955, a 2 per cent decrease from the same perio... read more.

Housing Demand Normalizes as Supply Dwindles

(April 13, 2017, posted in BCREA Monthly Update)

The British Columbia Real Estate Association (BCREA) reports that a total of 9,826 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in March, down 21.8 per cent from the same period last year. Total sales dollar volume was $6.79 billion, down 30 per cent from March 2016. The average MLS® residential price in the province was $690,597, a 10.5 per cent decrease from the s... read more.

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