Forecasts and Presentations
Mortgage Rate Forecast (March 2012) 

While posted mortgage rates fluctuated modestly in the opening months of 2012 (even briefly falling to a record low of 5.14 per cent), a competitive frenzy was unleashed as lenders jostled for market share with headline grabbing promotional offers, such as a 2.99 per cent five-year fixed rate. . . more >>

 

Commercial Leading Indicator (February 2012)

The BCREA CLI rose for the second consecutive quarter, advancing 1.1 points to an index level of 111. On a fourth-quarter over fourth-quarter basis, the CLI moved 1.6 per cent higher in 2011. . . more >> 

 

2012 First Quarter Housing Forecast Update 

In its 2012 First Quarter Housing Forecast Update, BCREA reported that BC MLS® residential sales in BC 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. . . more >>

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Contact BCREA Economics

Cameron Muir
Chief Economist
604.742.2780

Brendon Ogmundson
Economist
604.742.2796