March 2023 British Columbia Real Estate Association – Mortgage Rate Forecast

March 22, 2023

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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?

March 2023 BCREA Stats

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July 2022 Stats Centre Reports

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Canadian Economic Growth (Real GDP Q3’2022)

November 29, 2022November 29, 2022

Canadian Monthly Economic Growth (Q3’2022) Canadian real GDP rose 0.1 per cent in September, up for the eighth consecutive month. Goods-producing sectors rose 0.3 per cent while services-producing industries were essentially flat. Canadian real GDP is now roughly 2.8 per cent above its pre-pandemic, February 2020 level. Preliminary estimates suggest that output in the Canadian…

January 2023 Stats Centre Reports

February 7, 2023

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December 2022 British Columbia Real Estate Association Statistics

January 16, 2023

https://youtu.be/6frw1TEsnQQ Home Sales Decline in 2022 After a Record 2021 Vancouver, BC – January 12, 2023. The British Columbia Real Estate Association (BCREA) reports that 80,874 residential unit sales were recorded by the Multiple Listing Service® (MLS® ) in 2022, a 35.2 per cent decline from a record 124,788 units sold in 2021. The…