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BC Monthly Real GDP Estimate for February 2020 & Flash Estimate for March 2020 (Updated: April 30, 2020)

Posted by Ron Neal on Thursday, April 30th, 2020 at 4:40pm.

Economics Nowcast

BC Monthly Real GDP Estimate for February 2020 & Flash Estimate for March 2020 (Updated: April 30, 2020)

April 22-1

The BCREA Nowcast estimate of provincial economic growth (expressed as year-over-year growth in real GDP) for February 2020 is 1.4 percent, up from 1.1 percent annual growth in January. We have also included a flash estimate of growth for March 2020 of -4.1 percent reflecting the impact of the COVID-19 pandemic. That estimate will change as the full March dataset becomes available.

Download the full report (PDF)

For more information, please contact:

Brendon Ogmundson
Chief Economist
Direct: 604.742.2796
Mobile: 604.505.6793

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.

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The Neal Estate Team is your #1 source for all of your Victoria BC real estate needs. Get in touch with us online or by phone at (250) 386-8181 to speak with a Victoria real estate buying or selling expert today. With decades of experience as a top selling Victoria REALTOR® and ranked in top 1% globally with over 4,000 transactions and $1 Billion SOLD, Ron Neal & The Neal Estate Team have the industry experience and market knowledge to help you make smart and informed buying or selling decisions. 

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