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Commercial Activity Nosedive in 2020 Q1

Commercial Activity Nosedive in 2020 Q1

Q1 Highlights: • Economic activity started to feel the impact of the pandemic in March, as declines were reported in manufacturing sales (-2.4%), retail sales (-0.5%), and wholesales (-0.1%). • Employment fell by about 13,500 jobs in key commercial real estate sectors for the first time since the summer of 2018 and by about 1,830 […]

Housing Market Update (October 2017)

Housing Market Update (October 2017)

Prices across BC Rise Again in September! “Total active listings on the market continue to trend at 10-year lows in most BC regions, limiting unit sales and pushing home prices higher,” said Cameron Muir, BCREA chief economist. Inventory at 10-year lows in most regions, pushing prices ever higher. Nine out of the 11 BC boards [...]

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