BC Real Estate Update

BC Home Sales Ratchet Higher in September

Posted on Oct 17, 2017 in BC Real Estate Update

Tim Wray, Prompton Real Estate, Vancouver, BCREA
The British Columbia Real Estate Association (BCREA) reports that a total of 8,340 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in September, an increase of 9.9 per cent from the same period last year. Total sales dollar volume was $5.8 billion, up 30.2 per cent from September 2016. The average MLS® residential price...

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BC Home Sales Robust and Unchanged in August    

Posted on Sep 14, 2017 in BC Real Estate Update

Tim Wray, Prompton real Estate, Vancouver, BCREA
The British Columbia Real Estate Association (BCREA) reports that a total of 9,162 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in August, an increase of 2.4 per cent from the same period last year. Total sales dollar volume was $6.2 billion, up 22 per cent from August 2016. The average MLS® residential price in the...

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Summer Housing Market Continues to Sizzle

Posted on Aug 14, 2017 in BC Real Estate Update

Tim Wray, Prompton Real Estate, vancouver, BCREA

The British Columbia Real Estate Association (BCREA) reports that a total of 9,275 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in July, down 6.3 per cent from the same period last year. Total sales dollar volume was $6.48 billion, down 1.3 per cent from July 2016. The average MLS® residential price in the province w...

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BC Home Sales to Exceed 100,000 Units for Third Consecutive Year  

Posted on Jun 19, 2017 in BC Real Estate Update

BCREA Housing Forecast - Tim Wray, Vancouver Real Estate, PromptonThe British Columbia Real Estate Association (BCREA) released its 2017 Second Quarter Housing Forecast today.

Multiple Listing Service® (MLS®) residential sales in the province are forecast to decline 10 per cent to 101,000 units this year, after reaching a record 112,209 units in 2016. Housing demand gained strength this spring, as some of the effe...

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Housing Supply Not Keeping Pace with Demand in Most BC Regions

Posted on Jun 13, 2017 in BC Real Estate Update

BCREA, Tim Wray, Vancouver Real Estate, Prompton Real Estate Services
The British Columbia Real Estate Association (BCREA) reports that a total of 12,402 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in May, down 7.9 per cent from the same period last year. Total sales dollar volume was $9.33 billion, down 4.0 per cent from May 2017. The average MLS® residential price in the province wa...

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BC Home Sales Turn Higher, Inventories at 20-Year Low

Posted on May 15, 2017 in BC Real Estate Update

BCREA, Tim Wray, Prompton Real Estate, Vancouver
The British Columbia Real Estate Association (BCREA) that a total of 9,865 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in April, down 23.9 per cent from the same period last year. Total sales dollar volume was $7.19 billion, down 25.4 per cent from April 2016. The average MLS® residential price in the province was...

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