Canadian Housing Starts for March 2022
Posted on Apr 19, 2022 in Economics
Canadian housing starts fell by 4.0k (-1.6%) to 246.2k units in March at a seasonally-adjusted annual rate (SAAR). Comparing year-over-year, starts were down from March of 2021 (-25.4% y/y). Single-detached housing starts rose 7.1% to 83.9k, while multi-family and others declined 5.6% to 162.3k (SAAR). In British Columbia, starts were down 6.7% in...
What's On in the Lower Mainland This Weekend (April 22-24)
Posted on Apr 19, 2022 in Also in the news
Wondering what to do in Vancouver this weekend? Lots of events are happening in the Lower Mainland and many attractions are operating.See below for a list of what’s happening this Friday, Saturday and Sunday.
Friday April 22, 2022
Earth Day Sustainability Market
The Earth Day Sustainability Market centers on all things eco and environmentally friendl...
10 Activities To Do Around Vancouver on Easter Weekend 2022
Posted on Apr 14, 2022 in Community
Get outside in Vancouver this Easter long weekend! There are many activities you can enjoy with the family. Go on a bunny-themed run, enjoy the company of animals, or see a play. This list of the best activities to do around Vancouver for Easter 2022 is a great way to plan your holiday.Sign-up For the Big Easter Run
The bunny-themed Big Easter Run t...Bank of Canada Interest Rate Announcement
Posted on Apr 13, 2022 in Mortgage News
The Bank of Canada raised its overnight policy rate by 0.5 per cent to 1 per cent. This was the first rate increase of more than 0.25 per cent since May 2000. The Bank will also begin so called "quantitative tightening" , meaning it will be shrinking its balance sheet over time, reversing the expansion that occurred in response to the pandemic. In...Affordable Housing Is A Key Theme In Federal Budget 2022
Posted on Apr 12, 2022 in Economics
Today's budget announced a $10 billion package of proposals intended to reduce the cost of housing in Canada (see box below). The fundamental problem is insufficient supply to meet the demands of a rapidly growing population base. Thanks to the federal government's policy to rapidly increase immigration since 2015, new household formation has risen...Greater Vancouver Real Estate Market Statistics - March 2022
Posted on Apr 07, 2022 in Market Update
While down from last year’s record numbers, home sale activity in Metro Vancouver’s housing market remained elevated in March.
