BC Real Estate Association on LinkedIn: Commercial Leading Indicator Fell in First Quarter 2024 - British Columbia… (2024)

Providing REALTORS® with updates on BC’s economic growth📈 In June 2024, the estimated year-over-year GDP provincial economic growth is 1.3 per cent, according to the BCREA Nowcast, versus 1.2 per cent in Canada. Our preliminary estimate for July shows an uptick to 2 per cent. Read the full report: https://bit.ly/38bXNZq

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🏡 For REALTORS® in BC, mastering the intricacies of new home warranty insurance is a vital part of advising clients on newly built properties. Here's what you need to know about it (BCREA Access Login Required): https://bit.ly/3MnW1Lp

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For more than a year, The Canadian Real Estate Association | L'Association canadienne de l'immobilier has been consulting with the REALTOR® association community about the future of REALTOR.ca.The draft business case for REALTOR.ca as a taxable entity explores a potential roadmap to preserving and expanding the value this incredible asset provides. By ensuring a sustainable, innovative future for REALTOR.ca, we’ll be in a better position to invest in the tools and features that empower REALTORS® to focus on what they do best: building relationships and helping Canadians.Find episode 53 of REAL TIME wherever you find your podcasts, or at CREA.ca/podcast. You can also find the draft business case in both French and English at CREA.ca/REALTORinc.

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BCREA CEO Trevor Koot dives deep into his journey, sharing the inspiration and challenges behind his Business is Fcking Hard podcast. Check out this insightful Q&A on Real Estate Magazine! 👉 https://bit.ly/3YZrnQ1B

📊 The latest update to the Housing Monitor Dashboard is here! 📊 Get fresh insights into the resale home market, construction, rental market, borrowing costs, and more. Check it out here: https://bit.ly/3DgC6sF

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📈BCREA's Third Quarter Housing Forecast Update is a valuable resource for REALTORS® to stay informed about BC's housing market economic outlook. In this third quarter report, BCREA projects a 4.4 per cent increase in MLS® residential sales to 76,300 units this year. In 2025, MLS® residential sales are forecast to strengthen even further. Read the full report: https://bit.ly/3Mky1ss

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What role do spectators play in real estate? BCREA CEO, Trevor Koot, talks about this multi-layered topic that is top of mind for many in the real estate profession. Watch here: https://bit.ly/4dB52MV #REALTORS #BChousing #RealEstate #bcrealtors

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BCREA’s CEO, Trevor Koot, discusses how, with Canada facing an ongoing housing affordability and supply crises, the sector needs risk-takers, innovators, and even speculators. #REALTORS #BChousing #RealEstate #BCREALTORS

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"Home sales activity across BC remains below average, though with some emerging signs of volume starting to normalize,” said BCREA Chief Economist Brendon Ogmundson. All the stats are available for REALTORS® here: https://bit.ly/4dBuPEg

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