
2026 Kicks Off With Weak Sales Activity
The British Columbia Real Estate Association (BCREA) reports that 3,314 residential unit sales were recorded in Multiple Listing Service® (MLS®) Systems in January 2026, down 22.9 per cent from January 2025. The average MLS® residential price in BC in January 2026 was down 1.9 per cent at $924,239 c
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Canadian Employment (January 2026)
Canadian employment ticked down 0.1 per cent from the previous month, with the economy losing 25,000 jobs to 21.121 million in January. The employment rate also edged down 0.1 per cent to 60.8 per cent, while the unemployment rate fell by 0.3 points to 6.5 per cent. Average hourly wages rose 3.3 per
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BC Housing Market Poised for a Modest Rebound in 2026
The British Columbia Real Estate Association (BCREA) released its 2026 First Quarter Housing Forecast Update today. Multiple Listing Service® (MLS®) residential sales in BC are forecast to rise 12 per cent to 78,690 units this year. In 2027, MLS® residential sales are forecast to move higher, rising
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