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Current Housing Trends

HOUSING FORECAST

Multiple Listing Service® residential sales in BC are forecast to fall 2.1 per cent to 68,700 units this year.

Economics for REALTORS®: How to Apply Economic Data and Trends to Help Your Clients

In "Economics for REALTORS®: How to Apply Economic Data and Trends to Help Your Clients", REALTORS® will learn how the real estate market interacts with the broader economy. More specifically, the course will discuss economic factors that affect housing supply and demand, the impact of government policies on real estate markets, as well as refer learners to various reports that provide up-to-date information related to economics.

 

This course is authored by Brendon Ogmundson of the British Columbia Real Estate Association. Realtors taking this course will find particularly useful detailed explanations of economic graphs. Through interactive elements built into the course, Realtors will appreciate a better understanding of statistics and ultimately become better real estate professionals.

 

After completing this course, learners will be able to:

 

·        describe how changing supply and demand impacts home prices,

·        analyze the impact of government policy on prices and housing affordability,

·        describe various measures of housing supply,

·        apply market metrics like the sales to active listings ratio to gauge the direction of home prices.

 

The primary goal of this course is to enhance the standard of professional competency in how Realtors assist their clients and protect their best interests during the home buying or home selling experience, particularly in the area of economics.



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Testimonials

I loved the course. As I was taking it, I found myself bookmarking sites and pages for future reference. It was extremely valuable, and I’ll continue to use the information moving forward. My clients will benefit from this, and that’s the best part!

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I have been selling real estate for over 25 years, and yet I still learned a lot and reinforced a number of important concepts. This quick and relatively easy course provides relevant, data-driven information that helps better support both buyers and sellers.

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I found the content of this course very interesting and learned a number of new things that are relevant to my day-to-day business practices. I certainly recommend this course.

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