Sign In / Register

Find us on...

Share on...

Dashboard

New Search X

BCREA Nowcast (April 2021)

Posted by Ron Neal on Friday, April 30th, 2021 at 6:29pm.

bcrea nowcast

BC Monthly Real GDP Estimate for February 2021 & Preliminary Estimate for March 2021 (Updated: April 30, 2021)

 
aug31

The BCREA Nowcast estimate of provincial economic growth (expressed as year-over-year growth in real GDP) for February 2021 is 1.6 per cent. We have also included a preliminary estimate for March 2021 of 5.5 per cent. Starting in April, we expect to see very large growth due to base-year effects as strong incoming 2021 data is compared to the lowest point of 2020 during the initial stages of the COVID-19 pandemic. For that reason, we have also added a measure of the monthly level of GDP to our NowCast which provides a better indication of how the economy is progressing in its recovery. 

Download the full report (PDF)

For more information, please contact:

Brendon Ogmundson
Chief Economist
604.742.2796
bogmundson@bcrea.bc.ca 
 

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.

Talk to our team to learn more

Learn More

1,200 Views

Leave a Comment

The Neal Estate Group 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 5,000 transactions and $1 Billion SOLD, Ron Neal & The Neal Estate Group have the industry experience and market knowledge to help you make smart and informed buying or selling decisions. 


Join Us On Social Media