What do home sales contribute to our economy?

What is a home sale worth to the Metro Vancouver economy?

The real estate industry is a key economic driver in British Columbia.

In 2018, 24,619 homes changed ownership in the Board’s area, generating $1.7 billion in economic spin-off activity and an estimated 11,720 jobs.

The total dollar value of residential sales transacted through the MLS® system in Greater Vancouver totalled $26 billion in 2018.

What do home sales contribute to the BC economy?

GDP graphic

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