The British Columbia Real Estate Association (BCREA) reports that a total of 7,427 residential unit sales were recorded in Multiple Listing Service® (MLS®) systems in April 2023, a decrease of 17.7 per cent from April 2022. The average MLS® residential price in BC was 995,506 down 5.6 per cent compared to the average price of close to $1.1 million...
Welcome to Yaletown, the crown jewel of Vancouver's real estate market. With its prime location, stunning waterfront views, and a plethora of amenities, Yaletown has become the most sought-after neighborhood for those seeking the pinnacle of luxury living. If you are in the market for a condo that combines style, convenience, and exclusivity, you'v...
High-Interest Rates Have Not Slowed the Labour Market Sufficiently
The Canadian labour market has done it again, blowing past expectations for the fifth straight month. In April, a whopping 41,400 new jobs were added, more than double what economists predicted. Since February, monthly employment growth has averaged 33,000, following cumulative incre...
Canadian employment rose slightly to 20.13 million in April, up by 41,400 (0.2 percent). The Canadian unemployment rate held steady at 5 percent, unchanged since December. Employment gains were concentrated in wholesale and retail trade (+24,000); transportation and warehousing (+17,000); and information, culture, a...