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Identifying Different Property Interests in British Columbia #584

Property ownership in BC can take many different forms. In this article, we examine REALTORS®' role in correctly representing them.

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Mar 17, 2021

Supply and Demand: A Quantitative History of BC Home Prices

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Mar 17, 2021

Supply and Demand: A Quantitative History of BC Home Prices

Author profile photo
By Brendon Ogmundson,
Chief Economist
Author profile photo
By Brendon Ogmundson,
Chief Economist

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.

Author profile photo
By Brendon Ogmundson,
Chief Economist
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