BC Home Sales Ratchet Higher in September, BCREA

Vancouver, BC – October 12, 2017. The . The British Columbia Real Estate Association (BCREA) reports that a total of 8,340 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in September, an increase of 9.9 per cent from the same period last year. Total sales dollar volume was $5.8 billion, up 30.2 per cent from September 2016. The average MLS® residential price in the province was $693,774, up 18.5 per cent from September 2016.

MLS Residential Sales 2017 September October BC Real Estate BCREA Kamloops Home House for Sale“BC home sales rose nearly 5 per cent from August on a seasonally adjusted basis,” said Cameron Muir, BCREA Chief Economist. “Total active listings on the market continue to trend at ten-year lows in most BC regions, limiting unit sales and pushing home prices higher. While the economic fundamentals support elevated housing demand, rising home prices are eroding affordability, particularly for first-time buyers.”

Year-to-date, BC residential sales dollar volume was down 12.8 per cent to $57.6 billion, when compared with the same period in 2016. Residential unit sales declined 13 per cent to 81,608 units, while the average MLS® residential price was down 0.2 per cent to $705,501.

Kamloops District Real Estate Associations Statistics For September 2017

The Kamloops District Real Estate Association has released the latest Statistics for September 2017. Click on the image below to enlarge or PDF documents included in the links below.

Comparative analysis by property type September 2017

Comparative analysis by property type September 2017

PDF: Comparative analysis by property type September 2017

MLS Activity September 2017

MLS Activity September 2017

PDF: MLS Activity September 2017 Kamloops Real Estate Statistics

Out of town Sales by Subarea September 2017

Out of town Sales by Subarea September 2017

Out of town Sales by Subarea September 2017

Out of town Sales by Subarea September 2017

PDF: Out of town Sales by Subarea September 2017

Out of town Sales by Subarea September 2017 Quarterly Third Quarter

Out of town Sales by Subarea September 2017 Quarterly Third Quarter

Out of town Sales by Subarea September 2017 Quarterly Third Quarter

Out of town Sales by Subarea September 2017 Quarterly Third Quarter

PDF: Out of town Sales by Subarea September 2017 Quarterly Third Quarter

 

Sales by Subarea September 2017

Sales by Subarea September 2017

PDF: Sales by Subarea September 2017

Sales by Subarea Third Quarter 2017

Sales by Subarea Third Quarter 2017

PDF: Sales by Subarea Third Quarter 2017

Kamloops District Real Estate Associations Statistics For July 2017

The Kamloops District Real Estate Association has released the latest Statistics for July 2017. Click on the image below to enlarge or PDF documents included in the links below.

Comparative analysis by property type July 2017 Kamloops Real Estate Statistics

Kamloops Real Estate Comparative analysis by property type July 2017

PDF: Comparative analysis by property type July 2017 

 

MLS Activity July 2017 Kamloops Real Estate Statistics

Kamloops Real Estate MLS Activity July 2017

PDF: MLS Activity July 2017 

Out of town Sales by Subarea July 2017 Kamloops Real Estate Statistics

Out of town Sales by Subarea July 2017

Out of town Sales by Subarea July 2017 Kamloops Real Estate Statistics

Out of town Sales by Subarea July 2017

PDF: Out of town Sales by Subarea July 2017

Sales by subarea July 2017 Kamloops Real Estate Statistics

Sales by subarea July 2017 

PDF: Sales by subarea July 2017 

Strong Economy Keeps Housing Demand Above Long-Run Average, BCREA

Vancouver, BC – July 13, 2017. The The British Columbia Real Estate Association (BCREA) reports that a total of 11,671 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in June, down 9.6 per cent from the same period last year. Total sales dollar volume was $8.47 billion, down 5.6 per cent from June 2016. The average MLS® residential price in the province was $725,778, a 4.4 per cent increase from the same period last year.

BC MLS Sales June July 2017“Although home sales remain well off the record pace set last year, demand is still quite robust,” said Brendon Ogmundson, BCREA Economist. “That demand is supported by a strong provincial economy and vigorous job growth.”

“But, supply remains a challenge, which means most areas are seeing tight market conditions and significant upward pressure on prices,” said Ogmundson. Total active listings in the province were down 6.2 per cent to 29,651 units from June 2016.

Year-to-date, BC residential sales dollar volume was down 21.7 per cent to $39.1 billion, when compared with the same period in 2016. Residential unit sales declined 18.6 per cent to 54,830 units, while the average MLS® residential price was down 3.8 per cent to $712,993.

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