Twice a year, rennie intelligence produces the rennie landscape, which tracks a variety of demographic and economic indicators that directly and indirectly influence the housing markets of Metro Vancouver, Greater Victoria, and the Central Okanagan.
If you don't have time to read this detailed pamphlet, here are some "coles" notes:
ECONOMY
the labour market is showing signs of stress
RATES
high inflation is a thing of the past
CREDIT & DEBT
borrowing is once again on the rise in canada
DEMOGRAPHICS
canada’s robust population growth has continued into 2024
HOUSING
british columbia’s largest housing markets have been accumulating housing deficits
POLICY
housing policy has become a focus federally and provincially