BC Real Estate Update

Housing Market Activity Shows Signs of Recovery in May

Posted on Jun 15, 2020 in BC Real Estate Update



The British Columbia Real Estate Association (BCREA) reports that a total of 4,518 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in May 2020, a decline of 45.2 per cent from May 2019. The average MLS® residential price in BC was $728,898, a 3.2 per cent increase from $706,394 recorded the previous year. Total sales do...

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Housing Market Slows, but Resilient in Response to Pandemic

Posted on May 13, 2020 in BC Real Estate Update



The British Columbia Real Estate Association (BCREA) reports that a total of 3,284 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in April 2020, a decline of 50.8 per cent from April 2019. The average MLS® residential price in BC was $737,834, a 7.8 per cent increase from $684,430 recorded the previous year. Total sale...

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Pandemic Halts Sales Activity in March

Posted on Apr 16, 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 6,717 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in March 2020, an increase of 17.2 per cent from March 2019. The average MLS® residential price in BC was $789,548, a 15.1 per cent increase from $685,892 recorded the previous year. Total s...

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BC Home Sales Trend Higher in February

Posted on Mar 10, 2020 in BC Real Estate Update



The British Columbia Real Estate Association (BCREA) reports that a total of 5,741 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in February 2020, an increase of 26.3 per cent from February 2019. The average MLS® residential price in BC was $758,863, a 12 per cent increase from $677,681 recorded the previous year. Tot...

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BC Housing Markets Off to a Strong Start in 2020

Posted on Feb 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 4,426 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in January 2020, an increase of 23.7 per cent from the 3,579 units sold in January 2019. The average MLS® residential price in BC was $725,370, a 9.1 per cent increase from $664,633 recorded...

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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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