The BCREA is the professional association for more than 18,500 REALTORS® in BC, focusing on provincial issues that impact real estate. Working with the province’s 11 real estate boards, BCREA provides continuing professional education, advocacy, economic research and standard forms to help REALTORS® provide value for their clients.

Market Implications of Foreign Buyers

BCREA has released its research on housing affordability and the market implications of foreign buyers in Metro Vancouver. It reports data and analysis that shows fears of foreign investors driving housing prices as unfounded and offers alternative reasoning to what drives single-detached home values, such as, land scarcity, population growth and densification. It is an updated version of the research report that was shared with the provincial government in May 2015.

Journey of Discovery Research

If organized real estate is to effectively adapt to and proactively initiate change, which we believe is necessary now more than ever, we need to understand where the greatest contributions of products and services could be to increase the innovation of REALTORS® in service of their clients. The Journey of Discovery is a commitment by BCREA leadership to gather the research so that we may strategically address critical issues facing our industry over the next five years. Read more >>

Commercial Leading Indicator (September 2015)

The BCREA CLI declined in the second quarter by 0.4 points to 120.6, the first decline in the index since the beginning of 2014. . . more >>   

Legally Speaking (August 2015)

Legally Speaking is an essential newsletter, published eight times a year, for all professionals involved in real estate transactions. In this issue:
Features: Brian Taylor - Old Is Not Necessarily Obsolete?

Read the issue here. For an email subscription to Legally Speaking, click here.sa

2015 Third Quarter Housing Forecast Update

In its 2015 Third Quarter Housing Forecast Update, BCREA reported that BC MLS® residential sales are expected to reach 100,000 units in 2015. Housing demand has not been this robust since 2007 when 102,800 homes traded hands. . . more >>

Housing Market Update Video Podcast (August 2015) 

Watch BCREA Chief Economist Cameron Muir discuss the July 2015 statistics:

Elevated Home Sales Point to Strong Consumer Confidence

BCREA reports that a total of 10,247 residential unit sales were recorded by the MLS® in July, up 20.7 per cent from the same month last year. . . more >>