May 2024 - British Columbia Real Estate Association

Housing Market Update – May 2024

opacity | May 17, 2024

Watch BCREA Economist Brendon Ogmundson discuss the April 2024 statistics. [iframe width=”560″ height=”315″ src=”https://www.youtube.com/embed/R-xnx8z3R0A” frameborder=”0″ allowfullscreen style=”position:absolute;top:0;left:0;width:100%;height:100%;”][/iframe] Click here for the Housing Market Update charts. Click here to visit BCREA's YouTube channel. Read the news release here. For more information, please contact: Brendon Ogmundson Chief Economist Direct: 604.742.2796 Mobile: 604.505.6793 Email: [email protected] To subscribe to receive …

New Listings Bounce Higher in April

Bill Yu | May 15, 2024

For the complete news release, including detailed statistics, click here. Vancouver, BC – May 15, 2024. The British Columbia Real Estate Association (BCREA) reports that 7,569 residential unit sales were recorded in Multiple Listing Service® (MLS®) systems in April 2024, an increase of 1.5 per cent from April 2023. The average MLS® residential price in BC …

Markets at a Glance

opacity | May 9, 2024

It’s Finally Here: The Short-Term Rental Accommodations Act #572

opacity | May 7, 2024

The name of the game It’s often said that the only constant in life is change, and change certainly appears to be the name of the game. Described as a real “game-changer”, the Short-Term Rental Accommodations Act (“STRAA”) aims to return short-term rental units to the long-term rental market. It comes as part of the …

A Guide to Understand Home Energy Retrofits

Ivonne Garcia | May 6, 2024

Energy retrofits are more than just a buzzword; they represent a great way to lower energy costs for homeowners. Retrofitting involves upgrading existing homes to improve their energy efficiency, making them more sustainable and cost-effective in the long run. REALTORS® familiar with retrofit benefits can help homebuyers and sellers make informed decisions about energy-efficient properties. …

A Consumer’s Guide to Home Energy Retrofits

Ivonne Garcia | May 6, 2024

Energy retrofits are more than just a buzzword; retrofits are a smart investment for homeowners, offering a range of benefits beyond just lowering energy costs. Retrofitting involves upgrading existing homes to improve their energy efficiency, making them more sustainable and comfortable in the long run. What is Retrofitting? Retrofitting your home involves making modifications to …

Housing Monitor Dashboard

opacity | May 1, 2024

The dashboard was last updated on May 1, 2024. The BCREA Economics team has created the Housing Monitor Dashboard to help REALTORS® monitor BC’s housing market. This dashboard provides up-to-date data on key variables for public education and use. The image and data are available for download under each chart, where possible. Resale Home Market …

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