Tim Wray | RE/MAX Crest Realty, Vancouver

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...

Home Sales Up Slightly on Bank of Canada Rate Cuts

Posted on Aug 13, 2024 in BC Real Estate Update

The British Columbia Real Estate Association (BCREA) reports that 6,943 residential unit sales were recorded in Multiple Listing Service® (MLS®) Systems in July 2024, a 2 per cent decrease from July 2023. The average MLS® residential price in BC in July 2024 was down 0.8 per cent at $959,480 compared to an average price of $967,298 in July 2023. Th...

Home Sales Continue at Below Average Pace in June

Posted on Jul 15, 2024 in BC Real Estate Update

The British Columbia Real Estate Association (BCREA) reports that 7,082 residential unit sales were recorded in Multiple Listing Service® (MLS®) systems in June 2024, a 19 per cent decrease from June 2023. The average MLS® residential price in BC in June 2024 was up 1 per cent at $998,159 compared to an average price of $988,632 in June 2023. The t...

Markets Remain in Balance Heading into Summer

Posted on Jun 13, 2024 in BC Real Estate Update

The British Columbia Real Estate Association (BCREA) reports that 8,075 residential unit sales were recorded in Multiple Listing Service® (MLS®) systems in May 2024, a 11.6 per cent decrease from May 2023. The average MLS® residential price in BC in May 2024 was down 1.5 per cent at $1 million, compared to an average price of $1.02 million in May 2...

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