Tim Wray | RE/MAX Crest Realty, Vancouver

2025 Begins With Strong Sales and Listings Activity

Posted on Feb 15, 2025 in BC Real Estate Update

The British Columbia Real Estate Association (BCREA) reports that 4,221 residential unit sales were recorded in Multiple Listing Service® (MLS®) Systems in January 2025, up 6.4 per cent from January 2024. The average MLS® residential price in BC in January 2025 was down 1.0 per cent at $949,560 compared to $959,191 in January 2024.

The total sales d...

December Sales Mark a Strong Final Quarter of 2024

Posted on Jan 16, 2025 in BC Real Estate Update

The British Columbia Real Estate Association (BCREA) reports that 4,484 residential unit sales were recorded in Multiple Listing Service® (MLS®) Systems in December 2024, up 24.7 per cent from December 2023. The average MLS® residential price in BC in December 2024 was up 5.6 per cent at $1,013,556 compared to $960,057 in December 2023.

The total sa...

Sales Continue Normalizing Trend in November

Posted on Dec 12, 2024 in BC Real Estate Update

The British Columbia Real Estate Association (BCREA) reports that 5,841 residential unit sales were recorded in Multiple Listing Service® (MLS®) Systems in November 2024, up 25.7 per cent from November 2023. The average MLS® residential price in BC in November 2024 was up 1.7 per cent at $979,221 compared to an average price of $963,143 in November...

Housing Markets Post Strong Rebound in October

Posted on Nov 25, 2024 in BC Real Estate Update

The British Columbia Real Estate Association (BCREA) reports that 7,119 residential unit sales were recorded in Multiple Listing Service® (MLS®) Systems in October 2024, up 33.5 per cent from October 2023. The average MLS® residential price in BC in October 2024 was up 0.3 per cent at $970,845 compared to an average price of $968,256 in October 202...

Regional Disparities Emerging in BCHousing Market Activity

Posted on Oct 17, 2024 in BC Real Estate Update

The British Columbia Real Estate Association (BCREA) reports that 5,579 residential unit sales were recorded in Multiple Listing Service® (MLS®) systems in September 2024, up a little under 1 per cent from September 2023. The average MLS® residential price in BC in September 2024 was down 2.8 per cent at $942,969 compared to an average price of $96...

Sales Slow in August, but Falling Rates Should Drive Activity Higher in the Fall

Posted on Sep 11, 2024 in BC Real Estate Update

The British Columbia Real Estate Association (BCREA) reports that 5,943 residential unit sales were recorded in Multiple Listing Service® (MLS®) systems in August 2024, a 10 per cent decrease from August 2023. The average MLS® residential price in BC in August 2024 was down 1.7 per cent at $938,500 compared to an average price of $955,063 in August...

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