Higher Housing Demand

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
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.