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.
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- COVID-19
- Statistical Releases
- Housing Affordability
- Professional Development
- Housing Supply
- Resources for REALTORS®
- BC Home Sales
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- Economic Recovery
- Home Prices
- Chief Economist
- Brendon Ogmundson
- Post-Pandemic Housing Market
- Housing Supply and Demand
- Recessions
- Markets at a Glance
- Unemployment Rate
- Mortgage Rate Forecast
- Housing Forecast
- Commercial Leading Indicator
- Nowcast
- Immigration
- Population Growth
- GDP
- Commercial Real Estate
- Housing Market
A Record Year for the BC Housing Market
BCREA Nowcast
November Home Sales Lead to New Annual Record in BC
Mortgage Rate Forecast
Commercial Leading Indicator Dips in Third Quarter 2021
UPDATE: COVID-19 Recovery Dashboard
BC Housing Market at Historically Low Level of Supply
BCREA 2021 Fourth Quarter Housing Forecast: Strong Market Activity to Continue in 2022
Record-Low Supply Keeps Market Conditions Tight in September
Way Out of Balance: Housing Supply and Demand During the Pandemic
BC Home Sales Returning to Normal While Supply Hits Record Low
BC Housing Market Activity Continues Moderating Trend in July
Housing Market Activity Normalizing After a Frenetic Year
Get to Know BCREA Economics: The Go-To Resource for Housing Trends in BC
Five Questions for the Post-Pandemic Housing Market
Strong Demand, Dwindling Supply for BC Housing Markets
BC Markets Calming but Sales Still on Record Pace
Record-Setting Month for BC Homes Sales
Supply and Demand: A Quantitative History of BC Home Prices
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.