In its 2012 First Quarter Housing Forecast Update, BCREA reported that BC MLS® residential sales are forecast to increase 2.1 per cent from 76,817 units in 2011 to 78,400 units this year, increasing a further 2.7 per cent to 80,500 units in 2013.
Read the full 2012 First Quarter Housing Forecast Update for information about how BC housing markets are expected to post an unremarkable 2012, and that while the inventory of homes for sale will continue to wane in most regions, consumer demand will nevertheless be constrained by modest economic growth at home and abroad.
The latest data on sales to active listings, average prices and unit sales. . .
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Legally Speaking (January 2012)
Legally Speaking is an essential newsletter, published eight times a year, for all professionals involved in real estate transactions. In this issue:
Features: Mike Mangan - Condo Document Alert
Read the issue
here. For an email subscription to
Legally Speaking, click
here.
Connections: Advocacy News from the British Columbia Real Estate Association (January 2012)
Connections: Advocacy News from the British Columbia Real Estate Association is BCREA's quarterly newsletter, featuring advocacy news, focusing on BCREA's government relations activities.
This special edition of
Connections is devoted to the Housing Affordability Symposium, February 2-3, 2012. Watch for the first regular edition of the year next month.
Read the issue here. For an email subscription to Connections: Advocacy News from the British Columbia Real Estate Association, here.
Watch BCREA Chief Economist Cameron Muir discuss the December 2011 statistics and an in depth look at 2011 in review:
Housing Affordability Symposium, February 2-3, 2012
Next month, the Canadian Home Builders' Association of BC will host its second Housing Affordability Symposium. This event brings together all stakeholders interested in the affordability of market housing, for provocative presentations and stimulating discussions. Speakers include Hon. Rich Coleman, Bob Ransford, Tsur Somerville and Michael Geller. Register today at www.withinyourmeans.ca. Follow developments on Twitter and Facebook.