Greater Vancouver & Fraser Valley Average Price (All property types):

Greater Vancouver & Fraser Valley Total Inventory (All property types):

Greater Vancouver & Fraser Valley Days On Market (All property types):

Canadian Employment (October 2020)

Posted on Nov 08, 2020 in Economics

Canadian Job Numbers October 2020Canadian employment gained 84k jobs in October (0.5%, m/m), following a gain of 378k in September. This is the sixth consecutive month of increases, putting national employment within 636k of its pre-COVID February level. The national unemployment rate was little changed at 8.9%, as some provinces reinstated containment measures targeted at restaur...

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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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BC Covid-19 Reopening Dashboard

Posted on Oct 31, 2020 in Economics

BC Covid Real Estate Sales & StatisticsThe BCREA Economics team has created the COVID-19 Reopening Dashboard to help REALTORS® monitor the evolution of the economy as BC navigates the recovery. This dashboard focuses on the sectors and activities that have been most significantly impacted by the pandemic and the province’s subsequent state of emergency.

To monitor the province’s progress...

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Canadian Monthly Real GDP (August 2020)

Posted on Oct 30, 2020 in Economics

Canadian gdp August 2020Canadian real GDP grew 1.2 per cent in August, following a 3.1 per cent increase in July. That is the fourth consecutive monthly increase in GDP following the steepest contraction of the Canadian economy on record. The overall level of economic output remains about 5 per cent below its per-pandemic level.

Third quarter real GDP growth is currently t...

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Get In Touch

Adam Chahl

Oakwyn Realty

1286 Homer Street  Vancouver,  British Columbia  V6B 2Y5 

Phone: (604) 800-8710