Supply and Demand: A Quantitative History of BC Home Prices

Mar 17, 2021

CATEGORY:   
TAGS:         
Posted by
Brendon Ogmundson
Chief Economist

PRINT


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.

What we do



Popular tags within Economics



Popular posts from BCREA

  • Applications for BC Emergency Benefit for Workers Now Open
    May 01, 2020
  • First-Time Home Buyer Incentive Launches in September
    Aug 22, 2019