BC Housing Markets Bounce Back in June
Posted on Jul 14, 2020 in Market Update
The British Columbia Real Estate Association (BCREA) reports that a total of 8,166 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in June 2020, an increase of 16.9 per cent from June 2019. The average MLS® residential price in BC was $748,155, a 9.1 per cent increase from $685,968 recorded the previous year. Total sale...Canadian Employment (June 2020)
Posted on Jul 10, 2020 in Economics
Canadian employment grew by 953,000 jobs in June (5.8%, m/m). This, combined with the increase in May, represents 40 per cent of the jobs lost in March and April. The national unemployment rate fell by 1.4 percentage points to 12.3 per cent from the previous month. The employment gains in June were somewhat evenly split between full-time work (488...Canadian Housing Starts (June 2020)
Posted on Jul 09, 2020 in Economics
Canadian housing starts increased by 8% m/m to 211,681 units in June at a seasonally adjusted annual rate (SAAR). The gain in June put starts back at pre-pandemic levels. The trend in national housing starts fell to an average of 199,700 units SAAR over the past six months. Housing starts were up in five of 10 provinces with Ontario driving the inc...Vancouver Real Estate Statistics - June 2020
Posted on Jul 03, 2020 in Market Update
Steady increases in home sale and listing activity continue in June
Home buyers and sellers have gradually become more active in each month of the COVID-19 pandemic. In June, home sale and listing activity in Metro Vancouver* returned to more historically typical levels.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential home...
