Create your own PERSONAL SEARCHES

and save your FAVOURITE LISTINGS.
View More NON PUBLIC, CURRENT INFORMATION.
Have HOT NEW LISTINGS emailed to you daily.
Guest Membership is free and authorization is instant!

BC Commercial leading indicator points to strong growth ahead


BC Commercial leading indicator points to strong growth ahead


The BCREA Commercial L eading I ndicator (CLI ) continued to trend higher in the second quarter
of 2012, rising 0.8 points to 112.6 from a revised level of 111.8 in the first quarter. On a year-over-year basis, the CLI is now 3.7 per cent above its level in the second quarter of 2011.


“The trend in the CLI continues to signal strong growth in the BC commercial real estate market,”
said Brendon Ogmundson, BCREA Economist. “The CLI’s trend has continued with a steep rise
from early 2011, reflecting a
pick-up in employment numbers
as well as calmer financial
market conditions.”
This quarter’s increase in
the CLI was driven entirely by
the employment and financial
components of the index while
some economic activity measure,
such as retail sales, have
trended lower.
“As global economic fears
quiet down and the BC economy
continues to produce stronger
job growth, we expect to
see improvements in economic
activity,” added Ogmundson.
To view the full BCREA Commercial Leading Indicator index, visit 

http://www.bcrea.bc.ca/docs/
economics-forecasts-and-presentations/clireport.pdf

 

REALTORLink® is published bi-weekly by the Real Estate Board of Greater Vancouver 2433 Spruce St, Vancouver, B.C. V6H 4C8.
Phone: 604.730.3000 | Fax: 604.730.3100 | MLS® Direct Line: 604.730.3010 | Computer Help Desk: 604.730.3020 | Classifieds: 604.730.3090
Web site: www.realtylink.org | Intranet site: www.realtorlink.ca. Editor • Eileen Day | Writers • Teresa Murphy, Craig Munn, Fiona Youatt, Jesse
Lalime, Francesca Buono | Production/Design • Patrice Watson | Multiple Listing Service®, MLS® and REALTOR® are trademarks of the
Canadian Real Estate Association.

Comments:
No comments

Post Your Comment:

* indicates required fields.
Your Name: *
Please note, your email will not be shown publicly
Your Email (will not be published): *
Comment: *
Please type the text as it appears above:

          

Categories

Finding your dream home is just a click away, start your search!  Search Now

contact me anytime

Office Location:

11933 224 Street Maple Ridge BC V2X 6B2 CA

Michael Jordan

I make myself available at all times. My web site is here to help you 24 hours a day. You can search listings at your own convenience, browse reports, and read up on real estate info on your own terms. When you are ready to see a listing in person, or just have a simple question, please dont hesitate to contact me!

 

When you make the important decision to buy or sell a home, I am committed to going the extra mile to ensure that all of your needs are successfully met in a professional and honest manner.

Contact Form
*indicates required fields.
Your Email:*
Your Name:*
Your Telephone:
Subject:
Message:*
Please type the text as it appears above:
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.