Tag: British Columbia Articles
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Broad decline in housing activity didn’t slow price gains in May
June 3, 2021 Home resales fell broadly from April to May in major Canadian markets. For the most part, low seller turnout was the main cause for the moderation, not cooling demand.Canadian housing markets glided to a lower orbit in April
May 6, 2021 RBC Economics expects single-family home affordability to continue to deteriorate, driving more buyers toward condos.BC Budget 2021 errs on the side of caution
April 21, 2021 Despite the backdrop of a challenging third wave tearing through the province, the tone in BC's budgetary address was hopeful and resolute.Home prices spiked further across Canada in March despite more sellers
April 12, 2021 Concerns about overheated markets didn't faze homebuyers in March. Record number bidding contests continued in major markets across the country.Canada’s housing market heat strains affordability
March 29, 2021 The housing fever that struck Canada last summer took a widespread, although uneven, toll on affordability across the country in the fourth quarter.Vaccine Progress Brightens Outlook for Provincial Economies
March 10, 2021 The recovery across Canada's provinces has been stronger than expected with Quebec leading the way at a projected growth rate of 6.5% in 2021.Steaming-hot Housing Market Conditions Persist Despite Cold February Weather
March 4, 2021 Home resales stayed sky-high last month, as fierce competition between buyers was increasingly driven by a 'fear of missing out'.Super-strong Housing Market Is Far from Risk-free
March 2, 2021 RBC Economics assesses the key indicators of Canada's housing market to see if there are any early warnings of potential imbalances.New Year, Same Tight Housing Market Conditions Across Canada
February 8, 2021 The strong demand for and low supply of single-family homes is driving up prices at accelerating rates, while condo price trends are comparatively weaker.2 of 5