November 2020 Market Update

B.C. real estate: average home price forecast by end of 2020 to rise nearly 10 percent over 2019

The B.C. Real Estate Association predicts that the average price of a home by the end of this year will rise 9.9 percent over 2019.

The BCREA made the projection in its fourth quarter housing forecast.

The estimate represents an even rosier outlook compared to the association’s previous housing prediction.

In its third quarter housing forecast released on August 25, the BCREA stated that the average price in 2020 will top those in 2019 by 7.7 percent.

Click the link below to view the monthly market statistics for your area in an easy to understand infographic. Listings, sales and prices are summarized for condos, townhomes and single-family homes in cities across BC.

South Surrey/
White Rock

B.C. real estate agents asked to suspend open houses to protect clients from COVID 19

Real estate agents across British Columbia are being asked to temporarily stop holding open houses in an effort to curb the rise of COVID-19.

The recommendation comes from the regulatory agencies overseeing B.C. real estate professionals as well as the provincial association representing Realtors.

This communication is not intended to cause or induce breach of an existing agency agreement.

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November 2020 Market Update

B.C. real estate: average home price forecast by end of 2020 to rise nearly 10 percent over 2019

B.C. real estate agents asked to suspend open houses to protect clients from COVID 19

B.C. Real Estate News

LOWER MAINLAND

WHISTLER & SQUAMISH

VICTORIA & VANCOUVER ISLAND

OKANAGAN