BC Real Estate Update

A Record Year for the BC Housing Market 

Posted on Jan 13, 2022 in BC Real Estate Update

Tim Wray, Vancouver Real Estate Services

The British Columbia Real Estate Association (BCREA) reports that a record 124,854 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in 2021, a 32.8 per cent increase from the 94,001 units sold in 2020. The annual average MLS® residential price in BC was $927,877, an 18.7 per cent increase from $781,572 recorded the previ...

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November Home Sales Lead to New Annual Record in BC

Posted on Dec 15, 2021 in BC Real Estate Update



The British Columbia Real Estate Association (BCREA) reports that a total of 9,159 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in November 2021, a decrease of 3.4 per cent from November 2020. The average MLS® residential price in BC was $993,922, a 22.1 per cent increase from $814,310 recorded in November 2020. Tota...

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BC Housing Market at Historically Low Level of Supply

Posted on Nov 10, 2021 in BC Real Estate Update



The British Columbia Real Estate Association (BCREA) reports that a total 9,593 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in October 2021, a decrease of 13.7 per cent from October 2020. The average MLS® residential price in BC was $964,777, an 18.9 per cent increase from $811,307 recorded in October 2020. Total sa...

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Record-Low Supply Keeps Market Conditions Tight in September

Posted on Oct 12, 2021 in BC Real Estate Update



The British Columbia Real Estate Association (BCREA) reports that a total of 9,164 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in September 2021, a decrease of 19.9 per cent from September 2020. The average MLS® residential price in BC was $913,471, a 14 per cent increase from $801,241 recorded in September 2020. To...

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BC Home Sales Returning to Normal While Supply Hits Record Low

Posted on Sep 14, 2021 in BC Real Estate Update



The British Columbia Real Estate Association (BCREA) reports that a total 9,507 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in August 2021, a decrease of 7.1 per cent over August 2020. The average MLS® residential price in BC was $901,712, a 17.2 per cent increase from $769,691 recorded in August 2020. Total sales d...

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BC Housing Market Activity Continues Moderating Trend in July

Posted on Aug 12, 2021 in BC Real Estate Update

Tim Wray - RE/MAX Crest Realty, BCREA

The British Columbia Real Estate Association (BCREA) reports that a total of 9,663 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in July 2021, a decrease of 7.2 per cent over July 2020. The average MLS® residential price in BC was $891,687, a 17.1 per cent increase from $761,772 recorded in July 2020. Total sales doll...

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