What We Do
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 11 real estate boards and 23,000 commercial and residential REALTORS® across British Columbia.
- Tags:
- Statistical Releases
- Market Intelligence Reports
- First-Time Home Buyer Incentive
- Housing Market Update
- Video Webcasts
- Markets at a Glance
- Mortgage Rate Forecast
- Housing Forecast
- Commercial Leading Indicator
- Nowcast
- Chief Economist
- Brendon Ogmundson
Home Sales Continue Normalization Trend in October
BCREA 2019 Fourth Quarter Housing Forecast: BC Homes Sales Carry Momentum into 2020
BCREA Nowcast
Market Momentum Continues into the Fall
Brendon Ogmundson Steps Into Role of BCREA Chief Economist
Potential Uptake of the First-Time Home Buyer Incentive
Mortgage Rate Forecast
Markets at a Glance: August 2019
Housing Demand Continues to Recover in August
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.