Harveen Johal

Mortgage Rate Forecast

To view the Mortgage Rate Forecast PDF, click here. Highlights COVID-19 sends interest rates plummeting Canadian recession unavoidable Bank of Canada cutting rates, but how low? Mortgage Rate Outlook The growing fears of the potential impact of COVID-19 resulted in a full market meltdown in late February, sending equity markets into free fall and global

BC Home Sales Trend Higher in February

For the complete news release, including detailed statistics, click here. Vancouver, BC – March 12, 2020. The British Columbia Real Estate Association (BCREA) reports that a total of 5,741 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in February 2020, an increase of 26.3 per cent from February 2019. The average MLS® residential

Get Flood Ready

So far this year, BC’s River Forecast Centre has issued ten flood or streamflow advisories and watches. As spring draws closer, snowmelt and heavy rain may result in seasonal flooding in areas of the province. Anyone concerned about flood risks to their property should consider how to minimize potential damage. A few years ago, BCREA

What Does the COVID-19 Virus Mean for REALTORS®?

The COVID-19 virus is impacting more than people’s health. It’s changing our travel plans, how we do business and the larger economy. REALTORS® also need to adjust to protect themselves and their clients. The National Association of REALTORS® (NAR) has put together this great resource – we’ve listed some key Q&As below. What’s the most

BC Housing Markets Off to a Strong Start in 2020

For the complete news release, including detailed statistics, click here. Vancouver, BC – February 13, 2020. The British Columbia Real Estate Association (BCREA) reports that a total of 4,426 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in January 2020, an increase of 23.7 per cent from the 3,579 units sold in January

Housing Markets Flat in 2019 After Strong Second Half

For the complete news release, including detailed statistics, click here. Vancouver, BC – January 13, 2020. The British Columbia Real Estate Association (BCREA) reports that a total of 77,331 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in 2019, a decline of 1.5 per cent from the 78,516 units sold in 2018. The

BCREA Mobile Holiday Giveaway Winner!

Thank you to all BC REALTORS® who participated in the BCREA Mobile Holiday Giveaway Contest. A big congratulations to Karrie Grewal for winning the iPhone 11! An exclusive plan for REALTORS® REALTORS® need a mobile plan that works as hard as they do. That’s why we’ve partnered with the Alberta Real Estate Association to offer