MARKET UPDATES

Canadian Housing Starts (June 2026)

Canadian housing starts decreased 6 per cent from the previous month, totaling 238,971 units in June at a seasonally adjusted annual rate (SAAR). Starts were down 16 per cent from the same month last year (SAAR). In areas with 10,000 or more residents, single-detached housing starts were down 10 per

Bank of Canada Interest Rate Announcement

The Bank of Canada held its overnight policy rate at 2.25 per cent this morning. In the statement accompanying the decision, the Bank noted that despite significant global uncertainty and volatility, Canada's economy is showing signs of improvement, with growth rebounding in the second quarter and b

Market Activity Shows Encouraging Signs of Improvement

Vancouver, BC – July 13, 2026. The British Columbia Real Estate Association (BCREA) reports that 7,225 residential unit sales were recorded in Multiple Listing Service® (MLS®) Systems in June 2026, up 0.9 per cent from June 2025. The average MLS® residential price in BC in June 2026 was down 0.8 per