Forecasts and Presentations
Mortgage Rate Forecast (March 2014)

History was made in the first quarter of 2014 as some chartered banks lowered their posted five-year mortgage rate (the qualifying rate for high-ratio mortgage approval) to 4.99 per cent, the first time the five-year posted fixed rate has ever been below 5 per cent. . . more >>   

Commercial Leading Indicator (February 2014)

The BCREA Commercial Leading Indicator rose for the fourth consecutive quarter, increasing 0.8 points in the fourth quarter of 2013. The index is currently sitting at 115.1. . . more >> 

2014 First Quarter Housing Forecast Update

In its 2014 First Quarter Housing Forecast Update, BCREA reported that BC MLS® residential sales are forecast to increase 4.8 per cent to 76,450 units this year, before increasing a further 7 per cent to 81,800 units in 2015. . . more >>



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Cameron Muir
Chief Economist

Brendon Ogmundson

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