Economics
Our Economics team strives to enhance understanding of the factors influencing housing markets. We analyze housing markets and the economic trends that shape them for BC’s eight real estate boards and associations, and REALTORS® across BC.
Current Housing Trends
Statistical Releases
The latest information on residential average prices, active listings, and MLS® data.
Housing Market Update
Our monthly video update featuring the latest statistics for the housing market.
BCREA Nowcast
Updates on provincial economic growth.
Housing Monitor Dashboard
Up-to-date data on key variables for public education and use.
Commercial Leading Indicator
The quarterly forecast of broad commercial real estate activity changes.
Markets at a Glance
Year-to-date information on the pace of MLS® home sales for the province as well as in each of the BCREA member board or association regions.
Forecasts & Thought Leadership
Market Intelligence
Our periodic publication for REALTORS® with insights into the current state and trends of the housing market.
Housing Forecast
BCREA’s quarterly forecast providing the economic outlook for the housing market in BC.
Mortgage Rate Forecast
Our quarterly forecast encompassing economic, mortgage rate, and Bank of Canada outlooks.
Latest Economics Posts
Economics
BCREA Nowcast
The BCREA Nowcast estimate of provincial economic growth (expressed as year-over-year growth in real GDP) for March 2024 is 1.1 per cent.
Economics
Commercial Leading Indicator Fell in First Quarter 2024
In the first quarter, the BCREA Commercial Leading Indicator 3.2 points to 145.5, and the six-month moving average fell to 146.5.
Economics
Housing Monitor Dashboard
The BCREA Economics team has created the Housing Monitor Dashboard to help REALTORS® monitor BC’s housing market.
Housing Market Update – May 2024
Watch BCREA Chief Economist Brendon Ogmundson discuss the April 2024 statistics.
New Listings Bounce Higher in April
BCREA reports that 7,569 residential unit sales were recorded in MLS® systems in April 2024, an increase of 1.5 per cent from April 2023.
Markets at a Glance
These charts provide 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.
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