The COVID-19 Recovery Dashboard indicates that in June most BC housing markets continued to calm from a peak in March. At the same time, the seasonally adjusted 6-month moving-average for housing starts hit a record level in the province. Seasonally adjusted aggregate employment in BC is now at roughly pre-pandemic levels, although high-wage workers are doing much better than low-wage workers. Rents were up across much of the province, with 1-bedroom apartments in Vancouver hitting a record. Google movement trends and restaurant reservations continued to rise, suggesting a general reopening across Canada’s three largest cities. Manufacturing and exports continue to post very strong figures, with both approaching record levels in June. Consumer confidence is approaching pre-pandemic levels, while business confidence is well-above pre-pandemic levels. For a more comprehensive overview of BC's economic recovery, click here. About BCREA’s COVID-19 Recovery DashboardThe BCREA Economics team has created the COVID-19 Recovery Dashboard to help REALTORS monitor BC’s economic recovery. This dashboard focuses on the sectors and activities that have been most significantly impacted by the pandemic, including:

• Housing Markets
• Retail, Restaurant Reservations, and Movement
• Jobs and Hours Worked
• Manufacturing and International Trade
• Business and Consumer Confidences
• Tourism

To monitor the province’s progress, we benchmark each indicator to February 2020, the month before the pandemic was declared. This dashboard is updated each month.BCREA's updated COVID-19 Recovery Dashboard is available here.

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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.