BCREA 2011 Third Quarter Housing Forecast
Moderate Growth in Housing Demand Through 2012
Vancouver, BC – August 25, 2011.The British Columbia Real Estate Association (BCREA) released its 2011 Third Quarter Housing Forecast Update today. BC Multiple Listing Service® (MLS®) residential sales are forecast to increase 3.8 per cent from 74,640 units in 2010 to 77,500 units this year, increasing a further 3.6 per cent to 80,300 units in 2012. http://www.bcrea.bc.ca/news_room/2011-08-25Forecast.pdf