
BC Economy Slows as Growth Moderates in Mid-2025
The latest BCREA Nowcast shows that British Columbia’s economy continues to expand, but at a slower pace compared to earlier in the year. The estimate of provincial economic growth (measured as year-over-year growth in real GDP) for June 2025 came in at 1.6 per cent, slightly above the national rate
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Canadian Retail Sales (June 2025)
Canadian retail sales saw a strong rebound in June 2025, climbing 1.5% month-over-month to $70.2 billion. Compared to the same time last year, sales were up an impressive 6.6%, marking the highest retail activity level of the year so far. Excluding gasoline and automobile sales, core retail sales ro
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Second-Half Recovery in 2025 Sets Up a Brighter 2026
The British Columbia Real Estate Association (BCREA) released its Third Quarter Housing Forecast Update for 2025, highlighting ongoing market adjustments across the province. According to the forecast, MLS® residential sales in BC are expected to fall 2.2% this year to 72,840 units. However, the out
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