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]
To subscribe to receive BCREA publications such as this one, or to update your email address or current subscriptions, click here.
-
Markets at a Glance
-
Housing Market Update – December 2024
-
Housing Monitor Dashboard
-
Mortgage Rate Forecast