Economics Pent-up Demand Continues to Build as Sales Remain Slow

BCREA reports that a total of 6,460 residential unit sales were recorded in MLS® systems in March 2024, a decline of 9.5 per cent from March 2023

Economics Provincial Housing Market Relatively Calm Heading into Spring

BCREA reports that a total of 5,497 residential unit sales were recorded in MLS® systems in February 2024, an increase of 15.3 per cent from February 2023.

Economics Housing Market Activity Picks Up to Start 2024

BCREA reports that a total of 3,979 residential unit sales were recorded in MLS® systems in January 2024, an increase of 29.4 per cent from January 2023.

Economics The 2023 Housing Market was Defined by High Rates and Slow Sales

BCREA reports that 73,109 residential unit sales were recorded by MLS® in 2023, a 9.2 per cent decline from 80,506 units sold in 2022.

Economics Softening Home Sales but Prices Remain Firm Across BC

BCREA reports that a total of 4,630 residential unit sales were recorded in MLS® systems in November 2023, an increase of 2.2 per cent from November 2022.

Economics BC Markets Finding Balance at Low Levels of Activity

BCREA reports that a total of 5,373 residential unit sales were recorded in MLS® systems in October 2023, an increase of 1.8 per cent from October 2022.

Economics Renewed Bank of Canada Tightening Slows Sales Activity

BCREA reports that a total of 5,531 residential unit sales were recorded in MLS® systems in September 2023, an increase of 10.4 per cent from September 2022.

Economics Sales Trend Slightly Lower in August

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.

Economics Bank of Canada Upends Summer Sales Recovery

BCREA reports that a total of 7,103 residential unit sales were recorded in MLS® systems in July 2023, an increase of 25.9 per cent from July 2022.

Economics Strong Start to the Summer, But Higher Interest Rates Loom

BCREA reports that a total of 8,740 residential unit sales were recorded in MLS® systems in June 2023, an increase of 21.9 per cent from June 2022.

Economics Strong Rebound for BC Home Sales in May

BCREA reports that a total of 9,191 residential unit sales were recorded in MLS® systems in May 2023, an increase of 9.9 per cent from May 2022.

Economics Lack of Inventory Creating Tighter Market Conditions Across BC

BCREA reports that a total of 7,427 residential unit sales were recorded in MLS® systems in April 2023, a decrease of 17.7 per cent from April 2022.

Economics BC Markets Showing Signs of Recovery As Supply Remains Scarce

BCREA reports that a total of 7,118 residential unit sales were recorded in MLS® systems in March 2023, a decrease of 38.3 per cent from March 2022.

Economics Provincial Housing Market Showing Signs of Recovery Heading into Spring

BCREA reports that a total of 4,775 residential unit sales were recorded in MLS® systems in February 2023.

Economics Housing Market Activity Off to a Slow Start in 2023

BCREA reports that a total of 3,047 residential unit sales were recorded in MLS® systems in January 2023, a decrease of 50.3 per cent from January 2022.

Economics Home Sales Decline in 2022 After a Record 2021

BCREA reports that 80,874 residential unit sales were recorded by MLS® in 2022, a 35.2 per cent decline from a record 124,788 units sold in 2021.

Economics Housing Market Activity Remains Slow in November

BCREA reports that a total of 4,512 residential unit sales were recorded by the MLS® in November 2022, a decrease of 50.8 per cent from November.

Economics BC Home Sales Remain Slow While Active Listings Plateau

BCREA reports that a total of 5,242 residential unit sales were recorded by the MLS® in October 2022, a decrease of 45.5 per cent from October 2021.

Economics BC Market Activity Remains Subdued in September

BCREA reports that a total of 4,977 residential unit sales were recorded by the MLS® in September 2022, a decrease of 45.8 per cent from September 2021.

Economics BC Housing Market Showing Signs of Stabilizing Despite Decreased Activity

BCREA reports that a total of 5,645 residential unit sales were recorded by the MLS® in August 2022, a decrease of 40.8 per cent from August 2021.

Economics BC Home Sales Continue to Slow in July

The British Columbia Real Estate Association reports that a total of 5,572 residential unit sales were recorded by the Multiple Listing Service® in July 2022, a decrease of 42.4 per cent from July 2021.

Economics High Mortgage Rates Keeping Potential Buyers Sidelined

BCREA reports that a total of 7,136 residential unit sales were recorded by the MLS® in June 2022, a decrease of 35.7 per cent from June 2021.

Economics Rising Mortgage Rates Continue to Slow Market Activity

BCREA reports that a total of 8,214 residential unit sales were recorded by the Multiple Listing Service® in May 2022, a decrease of 35.1 per cent from May 2021.

Economics BC Home Sales Trending Toward Normal Activity

BCREA reports that a total of 8,939 residential unit sales were recorded by the MLS® in  April 2022, a decrease of 34.9 per cent from a record April 2021.

Economics Strong First Quarter for BC Housing Markets, But Rising Rates Loom Large

The British Columbia Real Estate Associatio reports that a total of 11,463 residential unit sales were recorded by the MLS® in March 2022, a decrease of 24.1 per cent from a record March 2021.

Economics Sales Activity Remains Strong Heading into Spring

BCREA reports that a total of 8,902 residential unit sales were recorded by the MLS® in February 2022, a decrease of 18.8 per cent from February 2021.

Economics Extremely Tight Conditions Persist in the BC Housing Market

The British Columbia Real Estate Association reports that a total of 6,138 residential unit sales were recorded by MLS® in January 2022.

Economics A Record Year for the BC Housing Market

The British Columbia Real Estate Association reports that a record 124,854 residential unit sales were recorded by the MLS® in 2021, a 32.8 per cent increase from the 94,001 units sold in 2020.

Economics November Home Sales Lead to New Annual Record in BC

The British Columbia Real Estate Association reports that a total of 9,159 residential unit sales were recorded by the MLS® in November 2021, a decrease of 3.4 per cent from November 2020.

Economics BC Housing Market at Historically Low Level of Supply

The British Columbia Real Estate Association reports that a total 9,593 residential unit sales were recorded by the MLS® in October 2021, a decrease of 13.7 per cent from October 2020.