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
- COVID-19
- Housing Affordability
- Speculation and Vacancy Tax
- Resources for REALTORS
- Market Intelligence Reports
- Professional Development
- First-Time Home Buyer Incentive
- Housing Market Update
- Video Webcasts
- Markets at a Glance
- Mortgage Rate Forecast
- Housing Forecast
- Commercial Leading Indicator
- Nowcast
- 2020
- Chief Economist
- Brendon Ogmundson
Mortgage Rate Forecast
BCREA Creates COVID-19 Impacts Dashboard
Sketching Out the Potential Impact of COVID-19 on the BC Housing Market
Housing Market Update – March 2020
BC Home Sales Trend Higher in February
Estimating the Impacts of the Speculation and Vacancy Tax
Commercial Activity Declined in 2019 Q4
BCREA Welcomes Change to Stress Test
BC Housing Markets Off to a Strong Start in 2020
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.