British Columbia Real Estate News Stories And Articles MLS Listings, News & Statistics Tue, 24 Dec 2024 18:07:38 +0000 en hourly 1 6366713 BCREA Mortgage Rate Forecast for December 2024 https://www.kamloopsrealestateblog.com/bcrea-mortgage-rate-forecast-for-december-2024/ Tue, 24 Dec 2024 18:07:35 +0000 https://www.kamloopsrealestateblog.com/?p=33787 The BC Real Estate Association published its recent Mortgage Rate Forecast for December 2024. Some of the key points are included below. Highlights:* Bond markets searching for clarity on the outlook for growth and inflation as tariffs loom.* Tariffs on Canadian imports to the US could mean a loss of 1 to 5.5 per cent of real GDP.* The Bank [...]

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]]> 33787 BCREA: Sales Continue Normalizing Trend in November https://www.kamloopsrealestateblog.com/bcrea-sales-continue-normalizing-trend-in-november/ Thu, 12 Dec 2024 17:23:41 +0000 https://www.kamloopsrealestateblog.com/?p=33755 Vancouver, BC – December 12, 2024. The British Columbia Real Estate Association (BCREA) reports that 5,841 residential unit sales were recorded in Multiple Listing Service® (MLS®) Systems in November 2024, up 25.7 per cent from November 2023. The average MLS® residential price in BC in November 2024 was up 1.7 per cent at $979,221 compared to an average price of [...]

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]]> 33755 BCREA: Housing Markets Post Strong Rebound in October https://www.kamloopsrealestateblog.com/bcrea-housing-markets-post-strong-rebound-in-october/ Mon, 25 Nov 2024 17:21:47 +0000 https://www.kamloopsrealestateblog.com/?p=33702 Vancouver, BC – November 25, 2024. The British Columbia Real Estate Association (BCREA) reports that 7,119 residential unit sales were recorded in Multiple Listing Service® (MLS®) Systems in October 2024, up 33.5 per cent from October 2023. The average MLS® residential price in BC in October 2024 was up 0.3 per cent at $970,845 compared to an average price of [...]

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]]> 33702 Home Sales Building Momentum Heading Into 2025 https://www.kamloopsrealestateblog.com/home-sales-building-momentum-heading-into-2025/ Thu, 07 Nov 2024 17:45:14 +0000 https://www.kamloopsrealestateblog.com/?p=33646 BCREA 2024 Fourth Quarter Housing Forecast Vancouver, BC – November 6, 2024. The British Columbia Real Estate Association (BCREA) released its 2024 Fourth Quarter Housing Forecast today. Multiple Listing Service® (MLS®) residential sales in BC are forecast to increase 2.6 per cent to 75,000 units this year. In 2025, MLS® residential sales are forecast to strengthen further, rising 13 per [...]

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]]> 33646 BCREA: BCREA: Regional Disparities Emerging in BC Housing Market Activity https://www.kamloopsrealestateblog.com/bcrea-bcrea-regional-disparities-emerging-in-bc-housing-market-activity/ Tue, 15 Oct 2024 14:18:14 +0000 https://www.kamloopsrealestateblog.com/?p=33606 Vancouver, BC – October 15, 2024. The British Columbia Real Estate Association (BCREA) reports that 5,579 residential unit sales were recorded in Multiple Listing Service® (MLS®) systems in September 2024, up a little under 1 per cent from September 2023. The average MLS® residential price in BC in September 2024 was down 2.8 per cent at $942,969 compared to an [...]

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]]> 33606 Sales Slow in August, but Falling Rates Should Drive Activity Higher in the Fall, BCREA https://www.kamloopsrealestateblog.com/sales-slow-in-august-but-falling-rates-should-drive-activity-higher-in-the-fall-bcrea/ Thu, 12 Sep 2024 12:26:59 +0000 https://www.kamloopsrealestateblog.com/?p=33509 Vancouver, BC – September 11, 2024. The British Columbia Real Estate Association (BCREA) reports that 5,943 residential unit sales were recorded in Multiple Listing Service® (MLS®) systems in August 2024, a 10 per cent decrease from August 2023. The average MLS® residential price in BC in August 2024 was down 1.7 per cent at $938,500 compared to an average price [...]

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]]> 33509 Building the Future: Unlocking the Production Potential of BC’s Housing Sector, BCREA   https://www.kamloopsrealestateblog.com/building-the-future-unlocking-the-production-potential-of-bcs-housing-sector-bcrea/ Thu, 05 Sep 2024 15:34:08 +0000 https://www.kamloopsrealestateblog.com/?p=33480 How British Columbia can meet its housing supply targets and meaningfully improve housing affordability in the province To view the full interactive BCREA Market Intelligence report, click here.To view the latest Market Intelligence report PDF, click here. Vancouver, BC – September 5, 2024. Despite recent government attempts to address BC’s ongoing housing crisis, a new economic report from the BC Real Estate Association (BCREA) [...]

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]]> 33480 BCREA: Home Sales Expected to Rise as Rates Fall, 2024 Third Quarter Housing Forecast Update https://www.kamloopsrealestateblog.com/bcrea-home-sales-expected-to-rise-as-rates-fall-2024-third-quarter-housing-forecast-update/ Mon, 26 Aug 2024 21:24:50 +0000 https://www.kamloopsrealestateblog.com/?p=33437 Vancouver, BC – August 26, 2024. The British Columbia Real Estate Association (BCREA) released its 2024 Third Quarter Housing Forecast Update today. Multiple Listing Service® (MLS®) residential sales in BC are forecast to increase 4.4 per cent to 76,300 units this year. In 2025, MLS® residential sales are forecasted to strengthen further, rising to 86,475 units. “The Bank of Canada [...]

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]]> 33437 BCREA: Home Sales Continue at Below Average Pace in June https://www.kamloopsrealestateblog.com/bcrea-home-sales-continue-at-below-average-pace-in-june/ Tue, 16 Jul 2024 16:35:03 +0000 https://www.kamloopsrealestateblog.com/?p=33291 Vancouver, BC – July 15, 2024. The British Columbia Real Estate Association (BCREA) reports that 7,082 residential unit sales were recorded in Multiple Listing Service® (MLS®) systems in June 2024, a 19 per cent decrease from June 2023. The average MLS® residential price in BC in June 2024 was up 1 per cent at $998,159 compared to an average price [...]

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]]> 33291 BCREA Mortgage Rate Forecast for June 2024 https://www.kamloopsrealestateblog.com/bcrea-mortgage-rate-forecast-for-june-2024/ Tue, 25 Jun 2024 17:54:28 +0000 https://www.kamloopsrealestateblog.com/?p=33204 To view the full interactive BCREA Housing Forecast, click here.Download the full report (PDF) Highlights: Click here to visit to BCREA’s website. To view other statistics for the Kamloops and BC real estate market click here. If you want to be kept informed on Kamloops Real Estate, News and more visit our Facebook Page. To search for Kamloops real estate and homes for sale click [...]

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