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COVID-19 Recovery Dashboard - April 29, 2021

Posted by Ron Neal on Thursday, April 29th, 2021 at 7:43pm.

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May30-1
 

COVID-19 Recovery Dashboard - April 29, 2021

This month’s COVID-19 Recovery Dashboard shows record home sales across the province along with a jump in housing starts and a continued rise in new listings. Employment in some sectors, especially high-wage sectors is showing strong growth, but restrictions due to the third wave and hesitancy from the public is still keeping employment in the accommodation and food service sector depressed. Retail sales were flat in February, though from a high level in January and are up double digits compared to the same time last year. For a more comprehensive overview of BC's economic recovery, click here

About BCREA’s COVID-19 Recovery Dashboard
The 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.

For more information, please contact:

Brendon Ogmundson
Chief Economist
604.742.2796
bogmundson@bcrea.bc.ca 
Kellie Fong
Economist
778.357.0831
kfong@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

 

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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. 


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