
Housing Market Activity Uneven Across BC Regions
The British Columbia Real Estate Association (BCREA) reports that 6,561 residential unit sales were recorded in Multiple Listing Service® (MLS®) Systems in July 2026, down 6.7 per cent from July 2025. The average MLS® residential price in BC in July 2026 was down 1.3 per cent at $929,619 compared to
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Canadian Employment (July 2026)
Canadian employment expanded significantly from the previous month, with the economy gaining 75,000 jobs (+0.4 per cent) to 21.215 million in July. The employment rate rose 0.1 points to 60.9 per cent, while the unemployment rate fell 0.1 points to 6.4 per cent. Average hourly wages rose 2.8 per cen
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BC Monthly Real GDP Estimate for May 2026 & Preliminary Estimate for June 2026
The BCREA Nowcast estimate for provincial economic growth, measured as year-over-year growth in real GDP, indicated a 1.9 per cent increase in May 2026. By comparison, the Canadian economy saw a year-over-year growth of 1.7 per cent in May. Our preliminary estimate for June suggests that year-over-y
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