Economics
Our Economics team strives to enhance understanding of the factors influencing housing markets. We analyze housing markets and the economic trends that shape them for BC’s eight real estate boards and associations, and REALTORS® across BC.
Current Housing Trends
Statistical Releases
The latest information on residential average prices, active listings, and MLS® data.
Housing Market Update
Our monthly video update featuring the latest statistics for the housing market.
BCREA Nowcast
Updates on provincial economic growth.
Housing Monitor Dashboard
Up-to-date data on key variables for public education and use.
Commercial Leading Indicator
The quarterly forecast of broad commercial real estate activity changes.
Markets at a Glance
Year-to-date information on the pace of MLS® home sales for the province as well as in each of the BCREA member board or association regions.
Forecasts & Thought Leadership
Market Intelligence
Our periodic publication for REALTORS® with insights into the current state and trends of the housing market.
Housing Forecast Update
BCREA’s quarterly forecast providing the economic outlook for the housing market in BC.
Mortgage Rate Forecast
Our quarterly forecast encompassing economic, mortgage rate, and Bank of Canada outlooks.
Latest Economics Posts
Economics
Mortgage Rate Forecast
Canadian fixed mortgage rates have held steady amidst a volatile bond market, but could fall 15 to 20 points by the end of 2025 as the economy weakens.
Economics
Housing Market Update – June 2025
Watch BCREA Chief Economist Brendon Ogmundson discuss the May 2025 statistics.
Economics
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.
Uncertainty Continues to Hold Back Sales Activity in BC
BCREA reports that 6,945 residential unit sales were recorded in MLS® Systems in May 2025, down 13.5 per cent from May 2024.
Commercial Leading Indicator Shows Improved Environment for Commerical Real Estate
In the first quarter of 2025, the BCREA Commercial Leading Indicator rose 2 points to 152.6, while the six-month moving average rose to 151.1.
BCREA Nowcast
The BCREA Nowcast estimate of provincial economic growth for March is 1.8 per cent.
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