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.

    Housing Market Update Webcast August 2019
    Housing Demand Improves in July
    BCREA Nowcast
    Markets at a Glance: June 2019
    The Impact of the B20 Stress Test on BC Home Sales in 2018
    BC Home Sales Trend Lower in June
    BCREA 2019 Second Quarter Housing Forecast: BC Home Sales to Rise in 2020
    BC Home Sales on the Rise in May
    Commercial Leading Indicator June 2019: CLI Points to Stabilizing Commercial Activity in 2019 Q1
    Mortgage Rate Forecast

    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.

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    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.

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