Market Intelligence
Our periodic publication on the latest economic trends and developments that affect REALTORS®.
Our periodic publication on the latest economic trends and developments that affect REALTORS®.
Market Intelligence
Despite BC’s increased construction pace, more aggressive reforms and a major construction workforce expansion are needed to improve housing affordability in the province.
In this Market Intelligence, we will look at the potential impact of this policy on the BC housing market and draw out some of its potential consequences.
In this market intelligence, we take the example of Auckland as indicative of what a policy of aggressive housing liberalization and upzoning could achieve in the BC housing market.
In this Market Intelligence, we show that the pattern of new listings we see is, in fact, a usual outcome of current market dynamics and underlying economic fundamentals.
BCREA’s latest Market Intelligence report forecasts that two significant federal government policies– the Foreign Buyers Ban and record-high immigration targets– will shape housing demand in BC over the next three years.
The latest Market Intelligence report summarizes how past Canadian recessions have impacted the BC economy and housing market and look forward to how the BC housing market may perform during a potential 2023 recession.