November 2020

Canada's Jobs Recovery Slowed in October With New Pandemic Restrictions

Posted on Nov 07, 2020 in Economics

Canadian Job Numbers

The October Labour Force Survey, released this morning by Stats Canada, showed an employment increase of 83,600--well below the 378,000 gain in September and average monthly gains of 395,000 over the past six months (see chart below). Several provinces tightened public health restrictions last month in response to a spike in COVID-19 cases. These m...

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Economic Recovery and Low Rates Drive Housing Market in 2021 

Posted on Nov 04, 2020 in Market Update

BC Real Estate Sales Forecast MLS ListingsBCREA 2020 Fourth Quarter Housing Forecast

The British Columbia Real Estate Association (BCREA) released its 2020 Fourth Quarter Housing Forecast today.
Multiple Listing Service® (MLS®) residential sales in the province are forecast to rise 16.9 per cent to 90,450 units this year, after recording 77,350 residential sales in 2019. MLS® residential sal...

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Vancouver Real Estate Statistics - October 2020

Posted on Nov 03, 2020 in Market Update

Real Estate Vancouver MLS Statistics - October 2020Home sale and listing resurgence extends into the fall

Home sale and new listing activity remained at near record levels across Metro Vancouver in October.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,687 in October 2020, a 29 per cent increase from the 2,858 sales recorded in October...

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