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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 Sep 26, 2023
by Ryan McLaughlin
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Auckland’s Housing Supply Experiment: What Does it Mean for British Columbia’s Homes for People Plan?
In this market intelligence, we take the example of Auckland as indicative of what a policy of aggressive housing liberalization and upzoning could achieve in the BC housing market.
Posted Sep 26, 2023
by Brendon Ogmundson
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Updated Professional Development Course — Economics for REALTORS®: Why You Should Incorporate Economics into Your Practice
BCREA’s Economics for REALTORS®: How to Apply Economic Data and Trends to Help Your Clients course has been updated with fresh, updated graphs and information
Posted Sep 25, 2023
by Ivonne García
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Mortgage Rate Forecast
Mixed data has led to uncertainty about the economy’s direction, which has expressed itself as significant volatility in bond yields as financial markets grasp for clues on future monetary policy decisions.
Posted Sep 21, 2023
by Brendon Ogmundson
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Housing Market Update – September 2023
Watch BCREA Economist Brendon Ogmundson discuss the August 2023 statistics.
Posted Sep 15, 2023
by Brendon Ogmundson
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Sales Trend Slightly Lower in August
BCREA reports that a total of 6,608 residential unit sales were recorded in Multiple Listing Service® (MLS®) systems in August 2023, an increase of 15.7 per cent from August 2022.
Posted Sep 13, 2023
by Brendon Ogmundson
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Commercial Leading Jumps in Second 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 Sep 06, 2023
by Ryan McLaughlin
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Beware of Heritage or Archaeological Issues #564
REALTORS® must advise their clients on considering the potential presence of archaeological features before purchasing a property for development.
Posted Sep 04, 2023
by Oana Hyatt
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BCREA Nowcast
The BCREA Nowcast estimate of provincial economic growth (expressed as year-over-year growth in real GDP) for May is 1.6 per cent.
Posted Sep 01, 2023
by Brendon Ogmundson
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CREA Changing National Login System
CREA’s National Login System is getting an upgrade for a better user experience and increased security on September 26. Learn more about the changes and what you need to do.
Posted Aug 29, 2023
by Ivonne García
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BCREA 2023 Third Quarter Housing Forecast Update: BC Housing Market Resilient Despite High Rates
In its 2023 Third Quarter Housing Forecast Update, BCREA forecasts MLS® residential sales are forecast to post a modest rebound, rising 6.1 per cent
Posted Aug 29, 2023
by Brendon Ogmundson
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Sponsor BCREA Managing Brokers’ Conference
Be a partner of the real estate industry’s premier event and connect with 300+ managing brokers from across British Columbia and beyond.
Posted Aug 17, 2023
by Morgan Guo
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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 Aug 10, 2023
by Ryan McLaughlin
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Bank of Canada Upends Summer Sales Recovery
BCREA reports that a total of 7,103 residential unit sales were recorded in MLS® systems in July 2023, an increase of 25.9 per cent from July 2022.
Posted Aug 10, 2023
by Brendon Ogmundson
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Resources to Help REALTORS® and Your Clients Navigate Extreme Climate
Be prepared for unexpected wildfires and flooding this season.
Posted Jul 31, 2023
by Ivonne García
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Revocation of Offers #563
Revocation involves withdrawing an offer before a binding contract is formed, bringing legal risks for REALTORS®. It’s crucial to seek guidance from your managing broker and ensure your client seeks legal advice.
Posted Jul 31, 2023
by Peter Borszcz
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Strong Start to the Summer, But Higher Interest Rates Loom
BCREA reports that a total of 8,740 residential unit sales were recorded in MLS® systems in June 2023, an increase of 21.9 per cent from June 2022.
Posted Jul 13, 2023
by Brendon Ogmundson
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Oh, So Suite… #562
When dealing with secondary suites, REALTORS® must be mindful of the legal aspects involved, as they can bring about unique challenges and risks that impact their clients.
Posted Jul 04, 2023
by Jude Chow
by Brendon Ogmundson 
