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 11 real estate boards and 23,000 commercial and residential REALTORS® across British Columbia.
- Tags:
- COVID-19
- Statistical Releases
- Housing Affordability
- Resources for REALTORS
- Speculation and Vacancy Tax
- Market Intelligence Reports
- Provincial Budget
- Professional Development
- First-Time Home Buyer Incentive
- Chief Economist
- Recessions
- Housing Market Update
- Video Webcasts
- Post-Pandemic Recovery
- Markets at a Glance
- Unemployment Rate
- Mortgage Rate Forecast
- Housing Forecast
- Commercial Leading Indicator
- BC Economy
- Nowcast
- 2020
- Brendon Ogmundson
BCREA Nowcast
UPDATE: COVID-19 Economic Impacts Dashboard
Mortgage Rate Forecast
Housing Market Update – June 2020
Housing Market Activity Shows Signs of Recovery in May
BCREA Chief Economist Re-appointed to Economic Forecast Council
BCREA 2020 Second Quarter Housing Forecast: BC Homes Sales to Post Strong Recovery in 2021
Commercial Activity Nosedives in 2020 Q1
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.