A tale of two markets. House supply is bone dry and the condo market is being flooded.
All in British Columbia
Metro Victoria Home Price Forecast - Oct 2020
Victoria has a moderate risk for a home price correction.
EQUIFAX: Consumer Debt is Up with Renewed Mortgage Activity
Total Outstanding Debt Climbs to $1.991 Trillion
Average rent in Canada down 7.6% year over year
Rents for one- and two-bedroom apartments and condominium rentals are down year over year.
City of Vancouver is Targeting the Wrong Housing Objective
City of Vancouver’s objective in refreshing its housing targets shows they have lost sight of their purpose.
Okanagan Home Price Forecast - July 2020
With international tourism and hospitality in the dumps, the Okanagan economy will suffer. Home prices will likely feel the pinch.
Metro Victoria Home Price Forecast - July 2020
Victoria house prices rise while condo prices soften. Find out what will likely happen next.
Metro Vancouver Home Price Forecast - July 2020
High unemployment and low immigration are expected to lead to a drop in prices. This report explores how low and for how long prices may drop.