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Vancouver, BC – November 18, 2014. The British Columbia Real Estate Association (BCREA)
released its 2014 Fourth Quarter Housing Forecast today.
“Consumer demand has ratcheted up this year and is
expected to remain at a more elevated level through
2015,” said Cameron Muir, BCREA Chief Economist.
“While historically low mortgage rates support
demand, the housing market is also being
underpinned by a more robust economy and
associated job growth, strong net migration and
consumer confidence.”
BC Multiple Listing Service® (MLS®) residential sales
Vancouver, BC – November 18, 2014. The British Columbia Real Estate Association (BCREA)released its 2014 Fourth Quarter Housing Forecast today.“Consumer demand has ratcheted up this year and isexpected to remain at a more elevated level through2015,” said Cameron Muir, BCREA Chief Economist.“While historically low mortgage rates supportdemand, the housing market is also beingunderpinned by a more robust economy andassociated job growth, strong net migration andconsumer confidence.”BC Multiple Listing Service® (MLS®) residential sales