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In part one of this two-part post, we took a look at the likelihood that the Bank of Canada would continue tightening monetary policy going forward. In this post, we’ll take a retrospective look and examine the impacts previous tightening cycles have had on the Greater Vancouver market. Buckle up, it’s a longer post, but worth…
November 2021 British Columbia Real Estate Association Statistics
https://youtu.be/59bodMw32SE November Home Sales Lead to New Annual Record in BC Vancouver, BC – December 15, 2021. The British Columbia Real Estate Association (BCREA) reports that a total of 9,159 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in November 2021, a decrease of 3.4 per cent from November 2020. The…
December 2022 Stats Centre Reports
Metro Vancouver Stats Centre Report Vancouver West Stats Centre Report Vancouver East Stats Centre Report
October 2022 British Columbia Real Estate Association Statistics
BC Home Sales Remain Slow While Active Listings Plateau Vancouver, BC – November 14, 2022. The British Columbia Real Estate Association (BCREA) reports that a total of 5,242 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in October 2022, a decrease of 45.5 per cent from October 2021. The average MLS® residential price in…
September 2022 British Columbia Real Estate Association Statistics
BC Market Activity Remains Subdued in September Vancouver, BC – October 12, 2022. The British Columbia Real Estate Association (BCREA) reports that a total of 4,977 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in September 2022, a decrease of 45.8 per cent from September 2021. The average MLS® residential price in BC was…
March 2023 British Columbia Real Estate Association – Mortgage Rate Forecast
Highlights: Economic uncertainty driving substantial volatility in Canadian bond markets. Is the Canadian economy just slowing or something worse? Inflation trending the right direction, will that be enough to keep the Bank of Canada on hold?
