MARKET UPDATES

Second-Half Recovery in 2025 Sets Up a Brighter 2026

The British Columbia Real Estate Association (BCREA) released its Third Quarter Housing Forecast Update for 2025, highlighting ongoing market adjustments across the province. According to the forecast, MLS® residential sales in BC are expected to fall 2.2% this year to 72,840 units. However, the out

Canadian Inflation (July 2025)

Canadian prices, as measured by the Consumer Price Index (CPI), rose 1.7 per cent on a year-over-year basis in July, down from a 1.9 per cent increase in June. Month-over-month, on a seasonally adjusted basis, the CPI was up 0.1 per cent in July. Downward pressure on headline inflation was driven by

Canadian Housing Starts (July 2025)

Canadian housing starts increased 4 per cent from the previous month, totalling 294,085 units in July at a seasonally adjusted annual rate (SAAR). Starts were up 7 per cent from the same month last year. Single-detached housing starts decreased by 1 per cent from last month to 55,740 units, while mu