March 2018

Housing demand to decrease in BC in 2018 - BCREA Report  

Posted on Mar 12, 2018

The British Columbia Real Estate Association (BCREA) has come out with their first quarterly release and anticipates a slow down in demand for 2018 and 2019. 

Here is a brief summary:

Home Sales

Multiple Listing Service® (MLS®) residential sales in the province are forecast to decline 8.6 per cent in 2018. A further decline from 2017 and 2016, but 2018...

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Condo demand remains high while houses entering buyers market

Posted on Mar 06, 2018

Metro Vancouver* home sales dipped below the long-term historical average in February.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in the region totalled 2,207 in February 2018, a nine per cent decrease from the 2,424 sales recorded in February 2017, and a 21.4 per cent increase compared to January 2018...

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