Market insights

This fall, British Columbians saw leadership changes in both municipal and provincial governments. Making good on what they’ve said they’ll do will be intriguing to watch.

With 2022 drawing to a close, we wish you health, happiness and prosperity this season and in the year ahead. Thank you for your continued support and feedback. We receive so many thoughtful responses to our articles, the statistics we offer, and the listings and sales we have the privilege to be part of. Unique challenges … Continued

Solving Canada’s housing crisis shouldn’t require more than a single lesson in economics. When prices are high, a free market always responds and supplies more. Yet amidst Canada’s severe problems of housing affordability, this foolproof mechanism is continually...

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Goodman Report In June this year, we described the headwinds challenging rental housing providers and builders as they try to deliver new rental housing. The scarcity of purpose-built rental in B.C. is well-known, resulting from decades of depressed construction and a shortage of policies incentivizing delivery. A short-lived break from the near 0% vacancy rate … Continued

It is clear there has been a shift in market sentiment

The B.C. government has announced 2.0% as the maximum allowable rent increase for 2023.

As inflation and interest rates spike, market picking up again