Steve Flynn  RE/MAX Crest Realty- Burnaby 

Cell: 604.785.3977 |

Categories

Canadian Retail Sales - June 22, 2017

Canadian retail sales rose 0.8 per cent on a monthly basis in April and were 7 per cent higher year-over-year. Sales were higher in 9 of 11 retail sub-sectors. With today's strong retail sales data, we are tracking second quarter Canadian real GDP growth at 2.4 per cent. 

In BC, the economy continues to thrive with retail sales rising 0.3 per cent on a monthly basis and and 7.1 per cent year-over-year. Given today's retail sales data along with strength in employment, manufacturing, housing and trade data, growth in BC real GDP is tracking 3.8 per cent through the first 5 months of the year.  



 

Copyright British Columbia Real Estate Association. Reprinted with permission. 

 

 

 

 


Comments:
No comments

Post Your Comment:

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.