The BCREA Nowcast estimate of provincial economic growth (expressed as year-over-year growth in real GDP) for November is +0.1 percent, the first positive year-over-year growth in the economy since February. For comparison, output in the Canadian economy was 2.8 percent lower year-over-year in November. We have also included a preliminary estimate for December 2020 of 0.0 percent.

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BCREA is the professional association for more than 23,000 REALTORS in BC, focusing on provincial issues that impact real estate. Working with the province’s 11 real estate boards, BCREA provides continuing professional education, advocacy, economic research, and standard forms to help REALTORS provide value for their clients.To demonstrate the profession's commitment to improving Quality of Life in BC communities, BCREA supports policies that help ensure economic vitality, provide housing opportunities, preserve the environment, protect property owners and build better communities with good schools and safe neighbourhoods.