Let's Talk

Get in touch

Buying, Selling, or Investing? just have some questions? Just ask! We're here to help.

Contact Agent
Agent Photo

Blogs

back to work in uncertain times

Posted on Feb 07, 2025

boat

Canada added a higher-than-anticipated 76,000 jobs in January following gains of 91,000 in December and 44,000 in November. Meanwhile, for the second consecutive month, the total number of unemployed people in Canada declined, putting downward pressure on the unemployment rate. At 6.6% in January, the unemployment rate was 0.3 percentage points bel...

Read More

demographics and the future of housing demands in BC

Posted on Dec 19, 2024


The recent past has seen communities across British Columbia struggling with unprecedented growth in housing demand driven by rising immigration rates, increased international student enrolment, and intermittent surges in interprovincial migration. This growth has presented communities throughout the province with many opportunities; it has also pu...

Read More

inflation remains on track

Posted on Dec 17, 2024


Today’s release of Consumer Price Index (CPI) data from Statistics Canada showed once again that inflation in Canada is under control. The annual rate of inflation declined marginally in November, to 1.9%, and has been at, or below, the Bank of Canada’s 2.0% target for four consecutive months.

Price pressures through much of the CPI eased in Novembe...

Read More

bc's improving sales activity in 6 charts

Posted on Dec 11, 2024


Back in September we proposed that this year’s Fall housing market would be defined by a simple question: would buyers take advantage of modest interest rate cuts (to that point) and what were decade-highs in inventory, or would they continue to postpone their purchases in anticipation of more meaningful interest rate declines tomorrow? Well, with...

Read More

job seekers' pain could spell borrowers' gain

Posted on Dec 06, 2024


Today’s release of Labour Force Survey (LFS) data from Statistics Canada on the state of Canada’s job market in November revealed yet another month of rising unemployment.

The country’s unemployment rate has been on an upward march since bottoming out in July 2022—at a record-low of 4.8%—increasing to 6.8% last month. This represents the highest lev...

Read More

a profound population pivot

Posted on Oct 25, 2024


For the first time since the Confederation of Canada in 1867, the population of Canada is expected to decline next year. That was the major takeaway from the federal government’s 2025-2027 Immigration Levels Plan, which marked an historic shift in Canadian immigration policy. A steep reduction in permanent resident admissions and substantial outflo...

Read More

View Older Posts View Newer Posts

Blogs created by rennie Real Estate