Home Sales Up Slightly on Bank of Canada Rate Cuts
Posted on Aug 13, 2024 in BC Real Estate Update
The British Columbia Real Estate Association (BCREA) reports that 6,943 residential unit sales were recorded in Multiple Listing Service® (MLS®) Systems in July 2024, a 2 per cent decrease from July 2023. The average MLS® residential price in BC in July 2024 was down 0.8 per cent at $959,480 compared to an average price of $967,298 in July 2023. Th...
Home Sales Continue at Below Average Pace in June
Posted on Jul 15, 2024 in BC Real Estate Update
Markets Remain in Balance Heading into Summer
Posted on Jun 13, 2024 in BC Real Estate Update
New Listings Bounce Higher in April
Posted on May 15, 2024 in BC Real Estate Update
Pent-up Demand Continues to Build as Sales Remain Slow
Posted on Apr 15, 2024 in BC Real Estate Update
Provincial Housing Market Relatively Calm Heading into Spring
Posted on Mar 14, 2024 in BC Real Estate Update
Housing Market Activity Picks Up to Start 2024
Posted on Feb 13, 2024 in BC Real Estate Update
The British Columbia Real Estate Association (BCREA) reports that a total of 3,979 residential unit sales were recorded in Multiple Listing Service® (MLS®) systems in January 2024, an increase of 29.4 per cent from January 2023. The average MLS® residential price in BC in January 2024 was up 10.5 per cent at $957,909 compared to an average price of...
The 2023 Housing Market was Defined by High Rates and Slow Sales
Posted on Jan 15, 2024 in BC Real Estate Update
Softening Home Sales but Prices Remain Firm Across BC
Posted on Dec 13, 2023 in BC Real Estate Update
BC Markets Finding Balance at Low Levels of Activity
Posted on Nov 14, 2023 in BC Real Estate Update
The British Columbia Real Estate Association (BCREA) reports that a total of 5,373 residential unit sales were recorded in Multiple Listing Service® (MLS®) systems in October 2023, an increase of 1.8 per cent from October 2022. The average MLS® residential price in BC was $968,786 up 4.1 per cent compared to October 2022. The total sales dollar vol...
Renewed Bank of Canada Tightening Slows Sales Activity
Posted on Oct 12, 2023 in BC Real Estate Update
The British Columbia Real Estate Association (BCREA) reports that a total of 5,531 residential unit sales were recorded in Multiple Listing Service® (MLS®) systems in September 2023, an increase of 10.4 per cent from September 2022. The average MLS® residential price in BC was $966,530 up 4.8 per cent compared to September 2022. The total sales dol...
Sales Trend Slightly Lower in August
Posted on Sep 13, 2023 in BC Real Estate Update
The British Columbia Real Estate Association (BCREA) reports that a total of 6,608 residential unit sales were recorded in Multiple Listing Service® (MLS®) systems in August 2023, an increase of 15.7 per cent from August 2022. The average MLS® residential price in BC was $958,424, up 5.2 per cent compared to August 2022. The total sales dollar volu...