In July 2020, the British Columbia Real Estate Association (BCREA) reported a total of 10,090 residential unit sales recorded by the Multiple Listing Service® (MLS®). This showed an increase of...
Blog & News: Vancouver Real Estate Market
STRONG RECOVERY OF BC HOMES SALES PREDICTED FOR 2021
The British Columbia Real Estate Association (BCREA) has released its 2020 Second Quarter Forecast. According to the release, a 21% decline in Multiple Listing Service® (MLS®) residential sales...
RESILIENT RESPONSE AS HOUSING MARKET SLOWS AMID PANDEMIC
According to the British Columbia Real Estate Association (BCREA), there was a total of 3,284 residential units recorded by the Multiple Listing Service® (MLS®) in April 2020. This is a decline...
BC HOUSING MARKET AND RECESSIONS
In the past 40 years, the Canadian economy has had three recessions, each of them different in cause, depth, and duration. The 2020 COVID-19 recession is said to be deep, but will not last long when compared...