Obtained from Real Estate Board of Greater Vancouver, October 2013

Each time a home changes hands, the transaction generates significant spin-offs, creates jobs and keeps our communities growing.  

The Canadian Real Estate Association has released a new data that finds that in BC, a residential sales transaction generates $64,500 in economic spin-offs and 0.49 jobs.

In 2012, in the Real Estate Board area, a total of 25,032 homes sold on the MLS generating $1.6 billion in economic activity and 12,265 jobs.

"All told, jobs generated directly and indirectly through the sale and purchase of MLS homes accounted for about 1 in 98 jobs across the entire economy"--Canadian Real Estate Association

Geraldine Santiago is a RE/MAX Realtor®  licensed in both residential and commercial real estate services, specializing in land assembly projects and land acquisition. She is a published author of three real estate reference books for Self-Counsel Press Ltd. namely the "Complete Home Buyer's Guide for Canadians", "Selling Your Home I Canada" and "Buy and Sell a Recreational Property in Canada" and her recently self-published ebook "How to Band Together with Neighbours in Land Assembly", 2018.   She is known for seminars on real estate trends in buying and selling in metro Vancouver.  

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.