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Mortgage Rate Forecast

Economic growth patterns are being driven by tariff avoidance in the first quarter, but signs of slowing are emerging.

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REALTOR®’s Duty: Acting in the Best Interest of the Client #586

REALTORS® must always act in the best interests of their client. In this article, we break down what that means in practical terms.

Posts tagged with “Multiple Listing Service (MLS®)”

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Most Regions in BC See Stronger Sales in June

BCREA reports that 7,162 residential unit sales were recorded in MLS® Systems in June 2025, up 1.3 per cent from June 2024.

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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.

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Homebuyers Remain Hesitant in April

BCREA reports that 6,453 residential unit sales were recorded in MLS® Systems in April 2025, down 14.6 per cent from April 2024.

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Tariff Fears Sideline Buyers in March

BCREA reports that 5,917 residential unit sales were recorded in MLS® Systems in March 2025, down 9.6 per cent from March 2024.

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Tariff Uncertainty Slows February Housing Activity

BCREA reports that 4,947 residential unit sales were recorded in MLS® Systems in February 2025, down 9.7 per cent from February 2024.

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2025 Begins With Strong Sales and Listings Activity

BCREA reports that 4,221 residential unit sales were recorded in MLS® Systems in January 2025, up 6.4 per cent from January 2024.

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December Sales Mark a Strong Final Quarter of 2024

BCREA reports that 4,484 residential unit sales were recorded in MLS® Systems in December 2024, up 24.7 per cent from December 2023.

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Sales Continue Normalizing Trend in November

BCREA reports that 5,841 residential unit sales were recorded in MLS® Systems in November 2024, up 25.7 per cent from November 2023.

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Housing Markets Post Strong Rebound in October

BCREA reports that 7,119 residential unit sales were recorded in MLS® Systems in October 2024, up 33.5 per cent from October 2023.

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Regional Disparities Emerging in BC Housing Market Activity

BCREA reports that 5,579 residential unit sales were recorded in MLS® systems in September 2024, up a little under 1 per cent from September 2023.

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Sales Slow in August, but Falling Rates Should Drive Activity Higher in the Fall

BCREA reports that 5,943 residential unit sales were recorded in MLS® systems in August 2024, a 10 per cent decrease from August 2023.

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Home Sales Up Slightly on Bank of Canada Rate Cuts

BCREA reports that 6,943 residential unit sales were recorded in MLS® systems in July 2024, a 2 per cent decrease from July 2023.

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Home Sales Continue at Below Average Pace in June

BCREA reports that 7,082 residential unit sales were recorded in MLS® systems in June 2024, a 19 per cent decrease from June 2023.

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Markets Remain in Balance Heading into Summer

BCREA reports that 8,075 residential unit sales were recorded in MLS® systems in May 2024, a 11.6 per cent decrease from May 2023.

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New Listings Bounce Higher in April

BCREA reports that 7,569 residential unit sales were recorded in MLS® systems in April 2024, an increase of 1.5 per cent from April 2023.

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Pent-up Demand Continues to Build as Sales Remain Slow

BCREA reports that a total of 6,460 residential unit sales were recorded in MLS® systems in March 2024, a decline of 9.5 per cent from March 2023.

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Provincial Housing Market Relatively Calm Heading into Spring

BCREA reports that a total of 5,497 residential unit sales were recorded in MLS® systems in February 2024, an increase of 15.3 per cent from February 2023.

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Housing Market Activity Picks Up to Start 2024

BCREA reports that a total of 3,979 residential unit sales were recorded in MLS® systems in January 2024, an increase of 29.4 per cent from January 2023.

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The 2023 Housing Market was Defined by High Rates and Slow Sales

BCREA reports that 73,109 residential unit sales were recorded by MLS® in 2023, a 9.2 per cent decline from 80,506 units sold in 2022.

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Softening Home Sales but Prices Remain Firm Across BC

BCREA reports that a total of 4,630 residential unit sales were recorded in MLS® systems in November 2023, an increase of 2.2 per cent from November 2022.

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BC Markets Finding Balance at Low Levels of Activity

BCREA reports that a total of 5,373 residential unit sales were recorded in MLS® systems in October 2023, an increase of 1.8 per cent from October 2022.

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Renewed Bank of Canada Tightening Slows Sales Activity

BCREA reports that a total of 5,531 residential unit sales were recorded in MLS® systems in September 2023, an increase of 10.4 per cent from September 2022.

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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.

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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.

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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.

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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.

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Strong Rebound for BC Home Sales in May

BCREA reports that a total of 9,191 residential unit sales were recorded in MLS® systems in May 2023, an increase of 9.9 per cent from May 2022.

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Lack of Inventory Creating Tighter Market Conditions Across BC

BCREA reports that a total of 7,427 residential unit sales were recorded in MLS® systems in April 2023, a decrease of 17.7 per cent from April 2022.

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BC Markets Showing Signs of Recovery As Supply Remains Scarce

BCREA reports that a total of 7,118 residential unit sales were recorded in MLS® systems in March 2023, a decrease of 38.3 per cent from March 2022.

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Provincial Housing Market Showing Signs of Recovery Heading into Spring

BCREA reports that a total of 4,775 residential unit sales were recorded in MLS® systems in February 2023.

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