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Commercial Leading Indicator Resumes Decline in Third Quarter 2023
In the second quarter of 2023, the BCREA Commercial Leading Indicator (CLI) rose 0.6 points to 147, and the six-month moving average fell to 147.
Posted Dec 06, 2023
by Ryan McLaughlin
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Thank You for a Remarkable 2023 Managing Brokers’ Conference!
We want to express our sincere appreciation to everyone who attended, our speakers for sharing their expertise, and our sponsors for their invaluable support.
Posted Nov 30, 2023
by Harveen Dhaliwal
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BCREA Nowcast
The BCREA Nowcast estimate of provincial economic growth (expressed as year-over-year growth in real GDP) for September is 1.2 per cent.
Posted Nov 30, 2023
by Brendon Ogmundson
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Housing Monitor Dashboard
The BCREA Economics team has created the Housing Monitor Dashboard to help REALTORS® monitor BC’s housing market.
Posted Nov 29, 2023
by Ryan McLaughlin
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The Province Goes Big on Housing Policy – A First Look
The provincial government has introduced several pieces of housing legislation aiming to fulfill the Homes for People plan priorities.
Posted Nov 23, 2023
by Brenna Friesen
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Housing Market Update – November 2023
Watch BCREA Chief Economist Brendon Ogmundson discuss the October 2023 statistics.
Posted Nov 16, 2023
by Brendon Ogmundson
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BC Markets Finding Balance at Low Levels of Activity
BCREA reports that a total of 5,373 residential unit sales were recorded in MLS® systems in October 2023, an increase of 1.8 per cent from October 2022.
Posted Nov 14, 2023
by Brendon Ogmundson
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Markets at a Glance
These charts provide year-to-date information on the pace of MLS® home sales for the province as well as in each of the BCREA member board regions and a comparison of current year sales.
Posted Nov 13, 2023
by Ryan McLaughlin
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Standard Contract of Purchase and Sale Clauses: Common Misunderstandings and Confusions – Part One #566
Navigating the standard Contract of Purchase and Sale (CPS) is common in real estate, but it can get a bit tricky with some clauses that may confuse buyers, sellers, and REALTORS®.
Posted Nov 07, 2023
by Lisa Niro
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Webinar Recording: 2023 BCREA Director Applicant Information Session
On November 2, BCREA hosted a virtual information session for individuals interested in learning more about becoming a BCREA Director for the 2024-25 term.
Posted Nov 06, 2023
by Morgan Guo
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BCREA’s Commitment to Excellence Rewarded with 2023 ARELLO Awards
BCREA has won two Association of Real Estate License Law Officials (ARELLO) awards recognizing outstanding communication systems and educational programs related to real estate regulation and practice in North America.
Posted Nov 01, 2023
by Ivonne García
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Radon for REALTORS®: Online Course Helps Navigate Radon in Real Estate
BCREA’s Radon for REALTORS® online course allows REALTORS® to explore radon – the leading cause of lung cancer in non-smokers – and how it relates to the real estate transaction.
Posted Oct 31, 2023
by British Columbia Real Estate Association
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BCREA 2023 Fourth Quarter Housing Forecast: High Rates Will Hold Back Sales Over the Next Year
In 2024, MLS® residential sales are forecast to post a modest rebound, rising 4.8 per cent to 80,375 units.
Posted Oct 25, 2023
by Brendon Ogmundson
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‘Tis the Season… to Test for Radon
As a REALTOR® you can help your buyers and sellers to test and mitigate radon in your community. Check our resources here.
Posted Oct 24, 2023
by Ivonne García
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REALTORS® Advocate for Housing Workforce Immigration Strategy
Delegates from BCREA and all eight of BC’s real estate boards met with members of Parliament in Ottawa to advocate for meaningful housing solutions.
Posted Oct 23, 2023
by Brenna Friesen
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BC Real Estate Association named Best Workplaces™ in British Columbia for 2023
This year’s designation marks the third consecutive year BCREA has received this accreditation, after a thorough, independent analysis conducted by Great Place to Work®.
Posted Oct 18, 2023
by Morgan Guo
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REALTORS® and Radon: Protecting Buyers and Sellers
As a REALTOR®, understanding radon risks is both your professional responsibility and an opportunity to ensure your clients are protected…
Posted Oct 17, 2023
by British Columbia Real Estate Association
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Renewed Bank of Canada Tightening Slows Sales Activity
BCREA reports that a total of 5,531 residential unit sales were recorded in MLS® systems in September 2023, an increase of 10.4 per cent from September 2022.
Posted Oct 12, 2023
by Brendon Ogmundson
by Harveen Dhaliwal 
