BC Real Estate Update

Housing Markets Flat in 2019 After Strong Second Half

Posted on Jan 13, 2020 in BC Real Estate Update

Tim Wray - RE/MAX Crest Realty, BCREA

The British Columbia Real Estate Association (BCREA) reports that a total of 77,331 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in 2019, a decline of 1.5 per cent from the 78,516 units sold in 2018. The annual average MLS® residential price in BC was $700,460, a decline of 1.6 per cent from $711,564 recorded the pre...

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Home Sales Firming Across the Province

Posted on Dec 12, 2019 in BC Real Estate Update

Tim Wray - RE/MAX Crest Realty, BCREA

The British Columbia Real Estate Association (BCREA) reports that a total of 6,616 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in November, an increase of 27.5 per cent from the same month last year. The average MLS® residential price in the province was $746,939, an increase of 5.5 per cent from November 2018. Tota...

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Home Sales Continue Normalization Trend in October

Posted on Nov 13, 2019 in BC Real Estate Update



The British Columbia Real Estate Association (BCREA) reports that a total of 7,666 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in October, an increase of 19.3 per cent from the same month last year. The average MLS® residential price in the province was $724,045, an increase of 5.1 per cent from October 2018. Total...

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Market Momentum Continues into the Fall

Posted on Oct 15, 2019 in BC Real Estate Update



The British Columbia Real Estate Association (BCREA) reports that a total of 6,938 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in September, an increase of 24 per cent from the same month last year. The average MLS® residential price in the province was $697,943, an increase of 2.1 per cent from September 2018. Tota...

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Housing Demand Continues to Recover in August

Posted on Sep 12, 2019 in BC Real Estate Update



The British Columbia Real Estate Association (BCREA) reports that a total of 7,093 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in August, an increase of 4.9 per cent from the same month last year. The average MLS® residential price in the province was $685,575, an increase of 2.6 per cent from August 2018. Total sal...

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Housing Demand Improves in July

Posted on Aug 13, 2019 in BC Real Estate Update

Tim Wray - RE/MAX Crest Realty, BCREA

The British Columbia Real Estate Association (BCREA) reports that a total of 7,930 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in July, an increase of 12.4 per cent from the same month last year. The average MLS® residential price in the province was $684,497, a decline of 1.6 per cent from July 2018. Total sales do...

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