Provincial Sales Up in August, But Some Regions Still Sluggish - BCREA August 2025 BC Housing Market Update

The British Columbia Real Estate Association (BCREA) reports that 5,961 residential unit sales were recorded in Multiple Listing Service® (MLS®) Systems in August 2025, up 0.5 per cent from August 2024. The average MLS® residential price in BC in August 2025 was down 1.4 per cent at $926,335 compare

BCREA Commercial Leading Indicator Shows Mixed Signals in Q2 2025

The BCREA Commercial Leading Indicator (CLI) posted a slight decline in the second quarter of 2025, falling 0.3 points to 152.4. Despite this quarterly dip, the six-month moving average rose to 152.5, highlighting stability in the broader trend. Compared to the same quarter in 2024, the index was up

Canadian GDP Contracts in Q2 2025 Amid Trade Headwinds

Canada’s economy continues to show signs of strain, with real GDP falling by 0.1 per cent in June 2025, following a similar 0.1 per cent decline in May. Goods-producing industries contracted by 0.5 per cent, dragged down by weak performance in manufacturing (-1.5 per cent) and utilities (-1.2 per ce