Economics
Economics
The BCREA Economics team strives to enhance understanding of the factors that influence housing markets. We analyze housing markets and the economic trends that shape them for the ten real estate boards and 23,000 commercial and residential REALTORS® across British Columbia.
- Tags:
- COVID-19
- Statistical Releases
- Housing Affordability
- Resources for REALTORS
- Professional Development
- Market Intelligence
- Speculation and Vacancy Tax
- Provincial Budget
- BC Economy
- First-Time Home Buyer Incentive
- Housing Market Update
- Chief Economist
- Recessions
- Video Webcasts
- Post-Pandemic Recovery
- Markets at a Glance
- Unemployment Rate
- Mortgage Rate Forecast
- Housing Forecast
- Commercial Leading Indicator
- Nowcast
- News Release
- Immigration
- Population Growth
- 2020
- Brendon Ogmundson
BCREA Nowcast
UPDATE: COVID-19 Recovery Dashboard
Housing Market Update – February 2021
A Record-Setting Start to 2021
BCREA 2021 First Quarter Housing Forecast Update: Provincial Housing Market Set Up for Very Strong 2021
Strong December Home Sales Close Out an Unprecedented Year
BC Housing Market Posts Strongest November on Record
Markets at a Glance
Mortgage Rate Forecast
BC Housing Market Continues Record Pace in October
COVID-19: Population Growth and Housing Demand
Record September for BC Housing Markets
BC Housing Markets Heat Up as Summer Ends
“The Unusual World of Pandemic Economics” – Why BC’s Housing Market Remains Strong Despite COVID-19
Strong Recovery Continues for BC Housing Markets
BC Housing Markets Bounce Back in June
Housing Market Activity Shows Signs of Recovery in May
BCREA Chief Economist Re-appointed to Economic Forecast Council
Behind BC’s Unemployment Rate During COVID-19
BCREA Nowcast
Growth of provincial GDP is a key indicator of economic activity, but provincial GDP data is only available annually and with a considerable delay. That’s why we have developed the BCREA Nowcast – a tool for tracking monthly growth in the BC economy.
The BCREA Nowcast estimate of provincial economic growth (expressed as year-over-year growth in real GDP) in May is 2.5 per cent, a slight decline from 2.6 per cent in April.
Markets at a Glance
View 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 with the previous year.
Find out more.