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

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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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Housing Market Activity Off to a Slow Start in 2023

BCREA reports that a total of 3,047 residential unit sales were recorded in MLS® systems in January 2023, a decrease of 50.3 per cent from January 2022.

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Home Sales Decline in 2022 After a Record 2021

BCREA reports that 80,874 residential unit sales were recorded by MLS® in 2022, a 35.2 per cent decline from a record 124,788 units sold in 2021.

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Housing Market Activity Remains Slow in November

BCREA reports that a total of 4,512 residential unit sales were recorded by the MLS® in November 2022, a decrease of 50.8 per cent from November.

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BC Home Sales Remain Slow While Active Listings Plateau

BCREA reports that a total of 5,242 residential unit sales were recorded by the MLS® in October 2022, a decrease of 45.5 per cent from October 2021.

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BC Market Activity Remains Subdued in September

BCREA reports that a total of 4,977 residential unit sales were recorded by the MLS® in September 2022, a decrease of 45.8 per cent from September 2021.

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BC Housing Market at Historically Low Level of Supply

The British Columbia Real Estate Association reports that a total 9,593 residential unit sales were recorded by the MLS® in October 2021, a decrease of 13.7 per cent from October 2020.

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Record-Low Supply Keeps Market Conditions Tight in September

The British Columbia Real Estate Association reports that a total 9,164 residential unit sales were recorded by the MLS® in September 2021, a decrease of 19.9 per cent from September 2020.

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Learning from an RECBC Discipline Decision #535

Starting in 2016, the real estate profession has seen numerous regulatory changes, including increased fines, new regulations, greater involvement from the Real Estate Council of BC.

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Pitfalls in Transactions Involving Strata Condominiums #516

A recent Civil Resolution Tribunal decision highlights some important practice points for licensees in transactions involving strata…

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Verify Accuracy in Listing Information #421

Most REALTORS® and members of the public recognize the MLS®as an invaluable tool in the purchase and sale of property…

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Shopping Centre Lease – Injunction to Prevent Landlord from Demolishing Mall; Appraiser’s Failure to Red Flag Inexact Comparables was Negligent #345

The arrival of the “big box power centres” should lead owners or property managers of existing, enclosed mall shopping centres to reexamine their…

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Conduct of Sales Proceedings #182

An exclusive conduct of sale given in court ordered proceedings for the sale of property is normally limited to a stated period of time and usually gives the person with conduct of sale the right to…