Fraser Valley/Vancouver (BCREA) – Home sales across Canada plummeted to start 2018. The near-coincident implementation of several new federal and provincial housing policies designed to temper BC housing demand has given rise to competing explanations for what ultimately caused the…
Fraser Valley (BC Real Estate Association) – The June issue of Mortgage Rate Forecast is now available on BCREA Online. Highlights: Mortgage rates return to 2017 levels Canadian economy falters in first quarter Time for the Bank of Canada to cut rates?…
Vancouver –The British Columbia Real Estate Association (BCREA) is pleased to announce that Fraser Valley REALTOR® Michael Trites was elected as its 2019-2020 President at its annual general meeting on March 26, 2019. “Working in organized real estate has always…
Vancouver – The British Columbia Real Estate Association (BCREA) is calling on the federal government to revisit the B-20 stress test so that more BC families can achieve their dream of home ownership. Mortgage lending rules, known as the B-20…
Vancouver –The BCREA Commercial Leading Indicator (CLI) declined by 1.8 points to 134.5 from the third to the fourth quarter of 2018. Compared to this time one year ago, the index is about 1 per cent lower. “Following several years…
Vancouver – The British Columbia Real Estate Association (BCREA) released its 2019 First Quarter Housing Forecast Update today. Multiple Listing Service® (MLS®) residential sales in the province are forecast to increase 2 per cent to 80,000 units this year, after…
Vancouver – The British Columbia Real Estate Association (BCREA) reports that a total of 3,546 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in January, a decline of 33.2 per cent from the same month last year….
Vancouver – It really should not be a shock to anyone who follows the market. The British Columbia Real Estate Association (BCREA) reports that a total of 78,345 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in…
Vancouver – The British Columbia Real Estate Association (BCREA) reports that a total of 5,179 residential unit sales were recorded by the Multiple Listing Service® (MLS®) across the province in November, down 33.1 per cent from the same month last…
Vancouver – The December issue of Mortgage Rate Forecast is now available on BCREA Online. Highlights: Oil prices prompt plunging bond yields Canadian economy slowing down How high can they go? Is the Bank of Canada already finished with rate increases? Send…