April 2022

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...

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Greater Vancouver Real Estate Market Statistics - March 2022

Posted on Apr 07, 2022 in Market Update

March 2022 - Vancouver Real Estate UpdateWhile down from last year’s record numbers, home sale activity in Metro Vancouver’s  housing market remained elevated in March.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 4,344 in March 2022, a 23.9 per cent decrease from the 5,708 sales recorded in March 2021, and a 26.9 per cent inc...

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