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UPDATE: COVID-19 Reopening Dashboard

The BCREA Economics team has created the COVID-19 Reopening Dashboard to help REALTORS® monitor the evolution of the BC economy as the province gradually reopens. This dashboard focuses on the sectors and activities that have been most significantly impacted by the pandemic and the province's subsequent state of emergency.

To monitor the province's progress toward a "new normal," we benchmark each indicator to February 2020, the month before the pandemic was declared. This dashboard will be updated each month.

  1. The Housing Market
    As BC households and the real estate sector adhered to physical distancing measures, home sales and new listings dropped dramatically.
  2. Retail, Restaurant Reservations and Movement
    The shutdown of physical stores and restaurants in BC negatively impacted retail sales and restaurant reservations. This, combined with many people working from home, dramatically decreased movement in retail and restaurant spaces, public transit, and workplaces.
  3. Jobs and Hours Worked
    The three sectors highlighted here are the sectors that have been most significantly impacted by the province's state of emergency: wholesale and retail, recreation and culture, and accommodation and food services.
  4. Manufacturing and International Trade
    Manufacturing plants in BC either shutdown or operated at limited capacity due to the state of emergency. Moreover, falling energy prices and weaker global demand for goods resulted in drastic decreases in BC's exports and imports.
  5. Business and Consumer Confidences
    Business confidence is measured through a survey of small businesses in BC on their expectations and operating conditions, which have been negatively impacted by physical distancing measures. Consumer confidence is measured through a survey of BC households on their optimism around current economic conditions (e.g., employment, financial, and major purchases), which has been clouded with uncertainty during the pandemic.
  6. Tourism
    The closing of the border to international travel, physical distancing measures that reduced domestic travel, and the shutdown of attractions has resulted in a dramatic decline in the tourism sector in BC.
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Moe Pourtaghi


"Nothing brings me more joy than seeing my buyers & sellers have success in their Real Estate endeavours. I hope you find the articles on my blog inspiring and educating in your ventures." - Moe Pourtaghi

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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.