Supply and Demand: A Quantitative History of BC Home Prices

Mar 17, 2021

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Posted by
Brendon Ogmundson
Chief Economist

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To view the Market Intelligence Report PDF, click here.

Summary Findings:

  • Growth in home prices is a function of many factors and those factors do not always impact prices to the same degree
  • Shocks to housing demand and interest rates are the largest contributors to fluctuations in home prices, but provincial and municipal governments have limited to no ability to control these factors
  • Policies to increase the overall housing stock and grow the supply of residential listings would be enormously beneficial to controlling future price growth

For more information, please contact:
Brendon Ogmundson
Chief Economist
Direct: 604.742.2796
Mobile: 604.505.6793
[email protected]

Kellie Fong
Economist
Direct: 778.357.0831
Mobile: 604-366-6511
[email protected]

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