BC Housing Market Sees Summer Momentum as Sales Edge Higher in July 2025

The British Columbia Real Estate Association (BCREA) reports that the provincial housing market continued to show signs of resilience in July 2025. A total of 7,056 residential unit sales were recorded on the Multiple Listing Service® (MLS®) Systems, marking a 2.2% increase compared to July 2024.

Canadian Employment (July 2025)

Canadian employment decreased by 0.2 per cent from the previous month, losing 41,000 jobs to 21.020 million in July. The employment rate fell by 0.2 points to 60.7 per cent, while the unemployment rate remained unchanged at 6.9 per cent. Average hourly wages rose 3.3 per cent year-over-year to $36.1

Potential Savings for First-Time Home Buyers: The New FTHB GST/HST Rebate

As highlighted on a recent episode of the REAL TIME podcast, Canada has a housing supply gap. A new federal initiative offers a glimmer of hope for aspiring homeowners.  In response to industry advocacy and public demand, the Government of Canada has introduced legislation proposing a new GST/HST r