Category: Market Update

Covid-19: Population Growth

Population Growth & Housing Demand Immigration is the most important driver of population growth in BC. The global pandemic has resulted in a sharp drop in immigration and consequently BC reporting one of the lowest quarterly increases in population growth since 2011. In the short term, the impact of lower population growth will weigh most [...]
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B.C. housing market bouncing back as buyers return

BC housing market bouncing back as buyers return CBC News 25 Nov 2019 B.C.'s housing market is on the way back up, according to a report from economists at an agency that supports credit unions across Canada. Central 1's B.C. Resale Market Housing Outlook 2019-2021 says cheaper mortgages, population growth and price declines are bringing buyers back [...]
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Kelowna stands tall as the best real estate investment destination in Western Canada

Kelowna is the best real estate investment destination in Western Canada MortgageBrokerNews.ca 19 Nov 2019 Ephraim Vecina   Kelowna Over the next 12 month, Kelowna will stand tall as the best real estate investment destination in Western Canada, with a highly active airport deemed as the 10th busiest nationwide. At present, 12 new multi-family towers [...]
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